Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Sunday, September 11, 2016

Syriza Strains Greece’s Credibility

The country’s hard-left government continues to put politics before reform.

The Wall Street Journal

Sept. 7, 2016 3:23 p.m. ET

Independent institutions remain anathema to the government in Greece. Two cases that have dominated the headlines in recent weeks demonstrate how the country’s populist government, led by the hard-left Syriza party, continues to put politics before reform and refuses to learn the right lessons from the country’s recent past.
The criminal case against economist Andreas Georgiou returned to the spotlight last month when it was reopened by the country’s Supreme Court. A longtime official with the International Monetary Fund, Mr. Georgiou had been appointed six years ago to head the independent Hellenistic Statistical Authority, or Elstat. The prime minister at the time, George Papandreou, created Elstat as a response to the discovery that the government under his predecessor, Costas Karamanlis, had underreported the country’s fiscal deficit.

Monday, May 27, 2013

Krugman Accused of ‘Uncivil Behavior’

May 26, 2013, 6:29 PM
The Wall Street Journal
The gloves are off in the roiling academic dispute over the merits of austerity and the dangers of debt.

In the latest round, Harvard economists Kenneth Rogoff and Carmen Reinhart accused Princeton economist and New York Times columnist Paul Krugman of “spectacularly uncivil behavior” and the inaccurate allegation that they refused to share data supporting their work linking heavy debt levels to subsequent slow economic growth.