by Guest Author Andrew Butter Larry Summers has written a prescription for the Eurozone in an opinion piece at the Financial Times.  After you get by the problems Summers has with his dark history (Andrei Shleifer, Brooksley Born and the matter of a lo… more »

As the bankers queue up to get served their pound of flesh, which is all that’s currently on offer, it’s hard not to notice the striking similarities between the Greece of today and Germany in 1923. Then Germany owed billions thanks to a treaty that was made in a French-speaking country along with an offer that couldn’t be refused, back then Versailles, this time Maastricht. more »