Greek Crisis: Do German economists think like the German government?

Sustainable Development, Economy and Democracy

Greek Flag - sattered with broken EuroThe present discussions in the media more often than not give us the sense that within the various countries concerned the thinking and positions are basically uniform and widely shared. (See our posting that looks into this,”Why all the Bitter Accusations from the North” – https://goo.gl/wD6Ct6. ) But the truth is that in country after country there is considerable division of views on these topics, and particularly among economists who are in most cases deeply divided on the issues. Here you have an example of how one German economist reports on “How German Economists Really Think”. (The following article is reprinted here in its entirety. The original was published yesterday by the Institute of New Economic Thinking, and below you will find full references, links and credits.)

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Greek Crisis: Hans Werner-Sinn on Fixing the Eurozone

Sustainable Development, Economy and Democracy

Hans Werner-Sinn, a noted German economist and Professor of Economics and Public Finance at the University of Munich. He is also President of the Ifo Institute for Economic Research and serves on the German economy ministry’s advisory council. In this interview he talks about a disciplined but also radical and flexible pro-Europe path out of the present impasse, for Greece and for Europe as an idea worth cherishing and taking into the future.

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Wikipedia coverage of Greek bailout referendum

Sustainable Development, Economy and Democracy

wikipedia logoThere is a remarkable information source on this brand new, fast breaking topic which was first put on line on 26 June by Wikipedia collaborator Dimboukas

Here is how it looked on the morning of the 27th of June when the official announcement was made by Prime Mister Alexis Tsipras calling for the referendum:

And here is how it looks today (with ca.5000+ words, 50 references, 10 external links):

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