Posts Tagged ‘Greece’

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    Greek (Debt) Myths

    Jan 26, 12 • 273 Views • No Comments

    Maybe sell some islands and an ancient ruin or two? In Boomerang, Blind Side author Michael Lewis repeats what German politicians were suggesting in 2009 when they heard that the Greek debt was much larger than previous estimates. How much bigger? No one was...  [read more]

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    Heed the Herd

    Jan 25, 12 • 260 Views • No Comments

    By Mira Korber, guest blogger. Just the other day, I walked outside to find all six of my horses facing the exact same direction, muscles tensed, ears pricked, nostrils flared…Clearly their horsey intuition was picking up on some obscure, equine-eating...  [read more]

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    Why Might People Cheat?

    Dec 7, 11 • 225 Views • No Comments

    When are people more likely to cheat? Behavioral economist Dan Ariely says to look at sweatshirts, the Ten Commandments, dollar bills and cans of Coca-Cola. In one experiment, Ariely discovered that more students would copy someone’s seemingly dishonest...  [read more]

  • Tax Revenue

    Greek Taxes

    Nov 29, 11 • 330 Views • No Comments

    Having added property taxes to electric bills, the Greek government is shutting off the power to people who do not pay what they owe. The response? In a northern suburb of Athens, a mayor has assembled a group of electricians to reconnect people who lose...  [read more]

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    The First Credit Default Swap

    Nov 28, 11 • 334 Views • No Comments

    Some of the euro zone’s problems actually started with the Exxon Valdez oil spill. After the 1989 Exxon Valdez calamity, when an Alaska jury said that Exxon owed $5 billion in damages, they asked J.P. Morgan for a $4.8 billion line of credit. Concerned...  [read more]