Claps from Karl Whelan
Was the Greek bailout a huge mistake, and if so, who made it?
This is Part 3 of the “Relitigating 2010” series. It’s largely independent of Parts One and Two, although if you’ve literally only just starting reading about the issue, you might want to look at those ones first.
Greece — time to look on the bright side
Well, a deal is done. It wasn’t a pretty process, or well-handled, or sensible. But there is a deal. And any deal was better than no deal. Every commentator seems to be saying that the deal which was struck will be disastrous for Greece. But I think those…
Do Smart, Hard-Working People Deserve to Make More Money?
From the archives
Excellent, evidence-based takedown by Karl Whelan. He might have added that Greece has also performed a very substantial volume of labour market reform since the crisis, and this is shown by EU Commission data. See this article for further details: http://www.socialeurope.eu/2015/04/excessive-austerity-not-a-lack-of-structural-reform-is-holding-back-investment-in-greece/
