Archive | May 2011

Let the lazy Greeks help themselves!

Titles in the Bild Magazine about Greece and the bailout

"Just sell the islands you banrupt Greeks!" "The Bild writes to the Greek bankrupt PM: You won't get anything from us!" etc.

Greeks were happily spending others’ money and piling up uncovered debts. They were living beyond their means. They should be therefore punished or at least publicly humiliated. Anyway, all southerners are similar idlers and slackers. All you hear is just their mañana, domani, siesta and fiesta. Greeks are especially repulsive. They’re fat, they sit all day long outside their houses, eat lamb and drink ouzo.

Indeed, the Greeks are the fifth most obese developed nation, they eat by far the most lamb in Europe and they have a world monopoly for ouzo. But how do you want to measure laziness? There’s no clear indicator whatsoever, which would capture it in its entirety and hence confirm this dangerous but seemingly obvious popular wisdom. On the contrary, the indicators we have would suggsest the very opposite.

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