Greekonomics: The Euro crisis and why politicians don't get it Paperback – 14 Nov 2013
|New from||Used from|
- Choose from over 13,000 locations across the UK
- Prime members get unlimited deliveries at no additional cost
- Find your preferred location and add it to your address book
- Dispatch to this address when you check out
Frequently Bought Together
Customers Who Bought This Item Also Bought
Enter your mobile number below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
Getting the download link through email is temporarily not available. Please check back later.
To get the free app, enter your mobile phone number.
"The book, niftily titled Greekonomics, is an interesting and accessible polemic" -Guardian Weekend
"An admirable job of rescuing Greece from the scurrilous portraits that have dominated the press" -Independent on Sunday
"Her account of the country's institutionalised rottenness...is shatteringly comprehensive" -Sunday Times Culture
"She offers three persuasive, if irreconcilable, conclusions unless Germany pays much more: that a Greek exit from the euro is too dangerous; that Greece cannot repay its debts; and that a diet of perpetual austerity risks killing the patient." -The Economist
"A lively and non-technical description of just how we got here with the euro-crisis. "-The Business Economist
"There is no doubt that Greekonomics is a good read. It has intellectual depth and insider perspective ... There are even flashes of humour." -The Independent
"An interesting and accessible polemic. "-The Guardian
"The future of the euro matters hugely to everyone in Europe, whether we are in or out of the single currency. I am delighted that Vicky Pryce has produced this book on the economic and political issue of the moment. "-Peter Mandelson
About the Author
Vicky Pryce is an economist, and former Joint head of the United Kingdom's government economic service. She lives in Clapham.
What Other Items Do Customers Buy After Viewing This Item?
Top Customer Reviews
As she observes, the eurozone was never an optimal currency area. It was always a political project, imposed on an unwilling group of countries, whatever the cost. As the head of the European Central Bank Mario Draghi said in July 2012, “The euro is irreversible and the ECB will do everything needed to preserve it.”
But the euro is indeed, as the author notes, ‘flawed’, ‘misconceived’ and ‘very badly applied’. And it has caused disasters which the European Commission then blames on its victims.
Pryce herself, in true colonial style, compares Greece to ‘a naughty child’. But the real villains are the agents of finance capital. Portugal, Ireland, Greece and Spain get called PIGS, but really PIGS should stand for Problems Instigated by Goldman Sachs.
Why? Because Goldman Sachs managed to hide the extent of Greece’s debts, allowing the EU to let Greece to join the euro, even though the country’s economy was clearly unsuited to being part of the single currency club. The bank is said to have made $500 million from its assistance.
Pryce writes that “I have been arguing for some time that Greece needs to be treated more generously.” But of course the EU took no notice: this is yet another example of the endless, futile calls for reforming the EU.
She writes of the 2102 New Democracy government, “Greece is in a position now where the new government has no choice but to implement reform …” This is the only kind of reform the EU wants – wage cuts, welfare cuts, mass unemployment, permanent slumps. Greece must kill itself for the sake of the euro. This is what the EU is all about - you have no choice, resistance is futile.
Most Recent Customer Reviews
INteresting analysis of EU politics and impact on Greek economic crisis. Some basic economic concepts required for full understanding of the processes.Published on 24 Jan. 2014 by Mujum
This book is not radical enough in the value-set it brings to the situation it accurately analyses and so fails to measure up to the significance - and the tragedy - of the subject... Read morePublished on 3 Nov. 2013 by Southville
Greekonomics . This is an excellent book which puts the whole thing into plain perstective which is easy to understand by the ordinary person .Published on 8 July 2013 by Al
I thoroughly enjoyed reading this book and would recommend it to anyone who would like a clear, informative and easy to read account of how Greece and the Eurozone found themselves... Read morePublished on 20 Dec. 2012 by Isabella Sarandacos-Hughes