Posts Tagged ‘Greece’

  • euro zone map

    Exit Plans

    May 24, 12 • 349 Views • No Comments

    A British charitable trust has offered a hefty reward for the best eurozone break-up plan. Their goal? Improve and influence policy though a 250,000 pound ($393,430) incentive prize. As I read through the finalists’ plans, the unfathomable complexity of...  [read more]

  • pill...medicine...16800_pill.12.12.11_000014989557XSmall

    Aspirin for the Euro Zone?

    May 8, 12 • 314 Views • No Comments

    Tomorrow is Euro Day and it reminds me of aspirin. On May 9, 62 years ago, the French foreign minister proposed a limited economic partnership with West Germany. By the time the treaty was signed in 1951, the Netherlands, Luxembourg, Belgium and Italy had...  [read more]

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    Now or Later?

    May 4, 12 • 351 Views • No Comments

    Reading about why people have a tough time delaying gratification, I started to think about countries. First people… A part of your brain–the insula–becomes more active when faced with an unpleasant task like dieting or seeing your team...  [read more]

  • 16698_6.16_000006078784XSmall

    Opposing Austerity

    Apr 12, 12 • 414 Views • No Comments

    Thinking about our fiscal woes, I keep returning to the fallacy of composition. Here it is: When one farmer harvests a huge crop and sells it, her profits soar. But if every farmer grows more and sells more, then the price drops. Similarly, if one person...  [read more]

  • red tape...bureaucracy..16181_12.29_000011761845XSmall-3

    Greek Red Tape

    Mar 23, 12 • 315 Views • No Comments

    Our story begins with 3 Greek entrepreneurs who want to create an e-commerce business selling olive products. It ends as Oliveshop.com begins to flourish with orders from the U.S., Australia, Japan, Mongolia and beyond. The middle of the story, though, is...  [read more]