Trying to choose among the best places to live, we wind up with disparate global rankings, depending on the criteria.
For countries with smaller economies that depend on tourism spending, the impact of the Covid-19 pandemic will be even more devastating.
Looking at activities that range from jaywalking to loading dishwashers, we can see how tight and loose social norms can shape behavior.
When the digits that appear frequently in national accounting figures, spreadsheets, and earnings reports are missing, then we can say we have suspicious numbers.
A big part of the shadow economy, the tax evasion in Greece that prevails among the self-employed substantially ups the deficit and distorts fiscal policy.
Reflecting collective intelligence, markets in Greek CDSs and Greek bonds, and the dwindling deposits of Greek banks show if we'll have a Greek default.
People and nations might perpetuate a bad investment because they look back at their past sunk costs. Instead they should compare future cost and benefit.








