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Excuse me? July 30, 2012

Posted by proeconomia in Fiscal policy, Main, News on Greece, On the crisis, Opinion.
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Read this article (its in Greek): the sum total from 2009 and 2010 of money that traveled abroad was over 2 billion while the corresponding declared incomes of those that move that money abroad was (take a guess): about 5 million euro…He he, this is priceless!!! Due to the fiscal adjustment in wages we will not need to worry as to whether there was any tax evasion on all or part of the above sums, the usual suspects will pay again the bill for all the rest…

For laughs! July 30, 2012

Posted by proeconomia in Fiscal policy, Main, News on Greece, On the crisis, Opinion.
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Maybe we can argue that the debt figures for Greece have an inflation factor from the latent revenues that were never entered in the state’s coffers. Here is a nice article (in Greek)  about the millions of euro that went to foreign banks in 2010 from Greeks that were declaring either no income(!) or income below the taxable limit(!). For example, there are 403 individuals that moved abroad amounts from 100K euro and above that their declared income was zero (0)!!!

 

How Recession Will Change University Financing July 29, 2012

Posted by proeconomia in Main, On the crisis, Science and technology.
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Have a look at this article and, for those here in Greece, cross-compare the arguments in it with out current situation in academia. I am sure you will draw some interesting conclusions!

Devaluing the Pound Isn’t a Solution, It’s Default July 5, 2012

Posted by proeconomia in Fiscal policy, Main, Monetary policy, News on Greece, On the crisis, Opinion.
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A very interesting article which you should read. The now popular devaluation scenario for the Greek economy, and its focus on promoting exports (btw many Greek companies have differentiated policies wrt local Greek consumers and their innovative products never reach Greeks or reach them at far higher prices – domestic inflation that is) is not always a solution, certainly not a solution that cures massive unemployment. What do you think?

Physicists Nearer to a Key Clue to Universe July 4, 2012

Posted by proeconomia in Main, Science and technology.
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We should not be forgetting and our general education. The article is from the WSJ – if you have the time browse through the readers’ comments there to get a feeling of the discussion!

France Raises Taxes On Rich, Companies To Narrow Budget Gap July 4, 2012

Posted by proeconomia in Fiscal policy, Main, On the crisis, Opinion.
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He he, keep an eye on what’s coming to you! Read this carefully to see if you agree – its a choice problem not a fiscal one though (in my opinion).

How Radical Economics Led to U.S. Independence July 4, 2012

Posted by proeconomia in Main, On the crisis, Opinion.
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Read this piece from Bloomberg, and note how the will to change a lot can achieve the small changes that are usually required for progress.

Cause life ain’t only about economics! July 4, 2012

Posted by proeconomia in Main.
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A belated, and much deserved, thank you to all the fellow bloggers that have been kind enough to continue reading Proeconomia and have liked several of our posts. Perhaphs you would be willing to participate more actively in our posts and share your ideas, since many come from different backgrounds.

I have linked all fellow bloggers in the main page, see if your site is listed there! If by chance I missed someone please send me your links on a comment to this post and I will gladly make amends.

Thanks again for following and commenting.

Europe’s Abysmal Crisis Management July 4, 2012

Posted by proeconomia in Fiscal policy, Main, Monetary policy, News on Greece, On the crisis, Opinion.
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From Clive Crook @ Bloomberg. Have a look.