Regardless of whether Germany bends on the euro crisis, we will still have a fairly desperate situation in Greece. New unemployment figures show an all-time high in the country, and economic activity is practically non-existent. Many workers are staying on their jobs without pay, in contrast to the stereotype of the lazy Mediterrenean workforce. And [...]

I was on The Young Turks with Cenk Uygur last night. You’ll have to trust me, because I’m not in the above video; that’s just Cenk’s setup. But I was there, talking about Iceland and how differently they have managed their economic crisis compared to the rest of the world. Cenk wanted to compare it [...]

I love this story. It’s one of those that calls to mind the old Margaret Mead dictum, “Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it’s the only thing that ever has.” Icelanders who pelted parliament with rocks in 2009 demanding their leaders and bankers answer for the [...]