The level of economic freedom in any given country is the product of fights between two types of politicians.
Greece
March 24, 2015
8:00AM
It’s just a matter of time before the Eurozone is yet again bombarded by Greek fiscal fire. Every few days or weeks, Greece roots around, looking under the couch cushions for spare change, this to make its next round of debt payments.
February 5, 2013
2:00AM
Even Greece, the poster child for rampant debt, carried an Ontario-style debt load as recently as 1984
Don Drummond (2012) Commission on the Reform of Ontarios Public Services
November 23, 2011
2:00AM
It is often the role of the economist to point at the impending doom with which reality confronts our fondest wishes. For that reason Thomas Carlisle referred to economics as the dismal science. It is made the more dismal for the economist when the fondest wishes are held and extolled by ones friends and those whom one admires.