All Commentary
Tuesday, February 21, 2012

Greece Gets Bailed Out Again

“After months in which Greece teetered on the verge of bankruptcy, European officials agreed Tuesday to give the country a second massive bailout in exchange for harsh austerity measures, as grim new estimates about the country’s economy pushed off a resolution until what some officials called the last possible day to reach one.” (Washington Post)

Meanwhile, American politicians whistle past the graveyard.

FEE Timely Classic
“Greece: The Canary in the U.S. Coal Mine?” by Steven Horwitz