https://toarcheio.org To Archeio project site Mon, 20 Apr 2020 16:49:48 +0000 en-GB hourly 1 https://wordpress.org/?v=5.4.1 https://toarcheio.org/items/eyes-wide-shut-visionary-hubris-provoked-the-greece-euro-crisis/ Tue, 16 Apr 2019 22:25:07 +0000 http://arc.local/items/eyes-wide-shut-visionary-hubris-provoked-the-greece-euro-crisis/ The Greek debt crisis and the threat of national bankruptcy have severely tested the European Union and its common currency. Exactly this magnitude of snafu happens when policymakers give free reign to visions. Europe’s politicians ignored the economic writing on the wall in the interest of “higher” principles—and paid a very steep price.

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