IMF lending is generally conditional on specified policies and outcomes. These conditions usually are negotiated compromises between policies initially favored by the Fund and by the country's authorities. In some cases the authorities might be satisfied enough with the outcome to take...

Cost consolidation in the highly fragmented and inefficient Greek health care system was necessary. However, policies introduced were partly formed in a context of insufficient information. Expenditure data from a consumption point of view were lacking and the depth of the political and...

This paper uses the current economic crisis to highlight the importance of ethical cultivation in the educational process relating – not exclusively – to economists' vocation. To do this, the author borrowed ideas from ancient Greek philosophy, as well as some very recent real-life examples.