Contra Yeats; The Greek Center Held

    Official results released by the interior ministry, with 97 percent of ballots counted, showed New Democracy taking 29.7 percent of the vote, with SYRIZA on 26.9. The PASOK Socialists were set to take 12.3 percent of the vote. Because of a 50-seat bonus given to the party which comes first, that would give New Democracy and PASOK 162 seats in the 300-seat parliament, in an | Read More »

    Do Welfare States Incur Odious Debts?

    We think single currencies really require single governments…There’s nowhere in the world that has more of a single currency without having more of a single government. British PM David Cameron (HT: The Daily Mail).