BRYAN CAPLAN
May 7, 2013
Keynesian Bets: What's Out There
May 6, 2013
Keynesian Bets Bleg
May 6, 2013
The Pyramid of Macroeconomic Insight and Virtue
May 2, 2013
A Natalist Provision
May 1, 2013
I Was a Teenage Misanthrope
DAVID HENDERSON
May 5, 2013
John Thacker on Vaccinations and the Sequester
May 3, 2013
Chef Rudy's Virtues Project
May 2, 2013
My take on Reinhart and Rogoff
May 1, 2013
Medicare Kills a Program


I'm afraid that your Turkish student is right about what is going on in Greece. You can also hear/read some useful idiots suggesting controls to prevent a massive capital flight from Greece, including border controls and an Argentine "corralito". Their ultimate objective appears to be the issue of a national currency, the kind of confetti that none would like to hold but to get rid of immediately. Yes, in theory a national currency is a good instrument to control people, but never in practice (the idiots still don't understand the Argentine experience).
Funny. I was just thinking most Americans realistically should probably downsize their 'American dream.' This is because we can see the generation born now is born into a class system.