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<title>The Euro crisis: Same as ever</title>
<link>http://teodesian.net/posts/44d61ec6-13f4-11ec-bdd7-84948a2eb91a</link>
<description><![CDATA[<a class="usericon Doge" href="index.php?nav=4" title="Posted by Doge"></a></h3>Mises had it right 80 years ago.  The mises institute has <a href="https://mises.org/library/greece%E2%80%99s-biggest-problem-its-anti-capitalist-culture">a good message</a> for Greece:
<blockquote><em>
...the lesson is clear. An economic crisis can jolt a fundamentally pro-capitalist (or mostly pro-capitalist) nation that had lost its way back onto the straight and narrow. But there is no guarantee of recovery when the culture has descended into infantile anti-capitalism, dysfunctional statism, and an antagonism toward entrepreneurial dynamism and self-reliance. For these a crisis may not herald recovery but instead a longer, deeper national decline. Only a culture shift resulting from the spread of sound ideas can make Greece (and other countries) a fertile ground to accept real solutions. The need to spread the good news of liberty and free markets is clearly as urgent as ever.
</em></blockquote>
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<author>nobody</author>
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<pubDate>2015-07-18T08:46:00</pubDate>
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<title>The Euro crisis: Same as ever</title>
<link>http://teodesian.net/posts/1437209160</link>
<description><![CDATA[<a class="usericon Doge" href="index.php?nav=4" title="Posted by Doge"></a></h3>Mises had it right 80 years ago.  The mises institute has <a href="https://mises.org/library/greece%E2%80%99s-biggest-problem-its-anti-capitalist-culture">a good message</a> for Greece:
<blockquote><em>
...the lesson is clear. An economic crisis can jolt a fundamentally pro-capitalist (or mostly pro-capitalist) nation that had lost its way back onto the straight and narrow. But there is no guarantee of recovery when the culture has descended into infantile anti-capitalism, dysfunctional statism, and an antagonism toward entrepreneurial dynamism and self-reliance. For these a crisis may not herald recovery but instead a longer, deeper national decline. Only a culture shift resulting from the spread of sound ideas can make Greece (and other countries) a fertile ground to accept real solutions. The need to spread the good news of liberty and free markets is clearly as urgent as ever.
</em></blockquote>
]]></description>
<author>nobody</author>
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