No matter the jubilation articulated by the White House, Wall Street or the Washington press corps, happy days are most definitely not here again. So what accounts for the yawning chasm between a utopian jobless rate and a dystopian reality for a growing number of Americans?
Ancient Greece is perhaps best known for its contributions to mankind in the areas of philosophy, architecture, and science. But a modern-day economist suggests that some of the economic practices that were used in ancient times could help to solve Greece’s current debt crisis.
ATHENS (Interview) -- Closing in on a full decade in duration, the Greek economic crisis is unprecedented in the modern history of economically-developed nations. During this period, Greece’s GDP has declined by over a quarter, unemployment has skyrocketed to record levels, salaries and pensions have been decimated and a significant percentage of