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Greece Isn’t a Morality Tale

Buchanan, Mark, (2015), “Greece Isn’t a Morality Tale”, Bloomberg View, 29 July

One of the more troubling elements of the recent drama over Greece’s debt was the urge by many to see a deficiency of national character, rather than euro-zone economics, as the problem. Right-leaning opinion, not only in Germany but around the world, put the trouble down to Greek corruption and, worse, laziness:  The bad people of Greece retire too early and produce less per capita than the European average, despite working longer hours.

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