Monday, February 23, 2015

It's all up to Merkel: Galbraith on the Greek Crisis

"Is Greece’s fate in the hands of Angela Merkel? One leading economist with close ties to Greek finance minister Yanis Varoufakis says that the primary obstacle to compromise is a dramatic division within the German government, with one faction demanding that Greece fully adhere to its previous commitments, and another powerful group advocating compromise."

Read rest here.

PS: Listen also to this interview here.

PS': And Jamie thinks that the agreement was good, as I did notice Saturday that it was Mario Nuti's and my own view.

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Surplus approach, Historical Materialism, and precapitalist economies:

New Paper by Sergio Cesaratto on a topic closely related to what he has discussed here before. From the abstract: In the classical economis...