Germans Like Austerity Greeks Prefer Ingenuity

(Photo/Yorgos Karahalis/Reuters) Greek public sector workers take to the streets in Athens to protest job cuts again. KALYVES, Greece -- Economics in Germany, it has been noted, is a branch of moral philosophy. Growth is the reward for good behavior. Such virtue includes frugality and avoidance of debt. It goes without saying that, in this view, promoting growth by increasing fiscal deficits is ...

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