Showing posts with label Michael Lewis on Greece. Show all posts
Showing posts with label Michael Lewis on Greece. Show all posts

Tuesday, September 21, 2010

Michael Lewis Goes Greek

Michael Lewis always delivers. He's easily my favorite magazine writer. Below is a link to his article on Greece:

http://www.vanityfair.com/business/features/2010/10/greeks-bearing-bonds-201010?printable=true

My favorite sentence from the article: "In Greece the banks didn’t sink the country. The country sank the banks." Mr. Lewis also quotes the ancient orator Isocrates: “Democracy destroys itself because it abuses its right to freedom and equality. Because it teaches its citizens to consider audacity as a right, lawlessness as a freedom, abrasive speech as equality, and anarchy as progress.”

Bonus: if you haven't read Mr. Lewis's article on article on Iceland, you are missing out.