Thank you for posting this, I am reblogging it so I can post a response. I have known Costa since 2007 when I was working at SOAS. He is consistent and a serious researcher. He is also wrong.
Hold on! Hold on! Before all you faithful Greece watchers shoot me down in flames. Let’s just take things one step at a a time.
Firstly, Costas Lapavitsas is an academic, a very well educated man and his specialty is Economics. I am not usually impressed by academic titles but I do wish to mention, in passing, that Costas has a Doctorate degree from Birkbeck College, University of London. So, although he may be wrong or misguided in his analysis, he certainly is not stupid. Recently, Costas entered politics and is a Syriza member of parliament in Greece. Does this sound familiar? Has anyone been following the exploits of Yanis Varoufakis?
However, lets not get distracted off the subject of this post.
Recently, Costas wrote an article titled, “The Case for Grexit” and it was published in the July 2015 edition of Le Monde Diplomatique.
The premise of…
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