Tag Archives: international monetary fund

Cynics and the Big Fat Greek Default

Posted on May 26, 2015 by MN Gordon

“Crito, we owe a rooster to Asclepius.  Please don’t forget to pay the debt,” were the final words of Socrates.  He uttered them shortly after downing poison hemlock in 399 BC, in fulfillment of his death sentence for corrupting the … Continue reading →

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Property Confiscation Is Coming

Posted on October 29, 2013 by MN Gordon

Outright property confiscation by governments is something that’s ardently disparaged here at the Economic Prism.  There’s no justification we can rationalize for state sponsored theft.  This includes penalizing those who are young and healthy with a disproportionate burden of a … Continue reading →

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Give Default A Chance

Posted on June 21, 2011 by MN Gordon

“Jove does not give all men their heart’s desire.” – Homer, The Iliad The Measures Are Killing Us Last week, following several shots of ouzo, the Greeks took to the streets of Athens.  There, while attempting to surround Parliament, they … Continue reading →

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