Comments for Prosperity Unbound http://www.prosperityunbound.com/blog Elena Panaritis Mon, 23 May 2011 14:26:41 +0000 http://wordpress.org/?v=2.9 hourly 1 Comment on Now is not the time to bet against Greece by Aussie http://www.prosperityunbound.com/blog/2011/05/now-is-not-the-time-to-bet-against-greece/comment-page-1/#comment-4011 Aussie Mon, 23 May 2011 14:26:41 +0000 http://www.prosperityunbound.com/blog/?p=164#comment-4011 Dear Elena you failed to note that the public sector in Greece is huge and literally sucking the life out of the economy: approx 1million public servants in 10million population in Greece, when the state of New York has 10 thousand public servants in 21million population!!!! Furthermore these public servants are making exorbitant amounts of money for doing nothing! Are you aware that there is a financial incentive offered to many of them just to show up at work on time? Do you know that many of them are paid 16 and 17 monthly salaries in a year? (ie the employees of Parliament) The current austerity measures have not really dealt with this problem but have instead focused on reducing pensioner's salaries and increasing all levels of business, individual and property taxation. Obviously then they've been ineffective as investment and consumption have declined. They are preparing to do the same again today with a new set of austerity measures One needs not be an economist to realize they 're blind to the facts and will fail miserably again... Thanks Manolis Dear Elena you failed to note that the public sector in Greece is huge and literally sucking the life out of the economy: approx 1million public servants in 10million population in Greece, when the state of New York has 10 thousand public servants in 21million population!!!!
Furthermore these public servants are making exorbitant amounts of money for doing nothing! Are you aware that there is a financial incentive offered to many of them just to show up at work on time?
Do you know that many of them are paid 16 and 17 monthly salaries in a year? (ie the employees of Parliament)

The current austerity measures have not really dealt with this problem but have instead focused on reducing pensioner’s salaries and increasing all levels of business, individual and property taxation. Obviously then they’ve been ineffective as investment and consumption have declined.
They are preparing to do the same again today with a new set of austerity measures
One needs not be an economist to realize they ‘re blind to the facts and will fail miserably again…
Thanks
Manolis

]]> Comment on The Historical Roots of Greece’s Debt Crisis by Liz http://www.prosperityunbound.com/blog/2011/05/the-historical-roots-of-greeces-debt-crisis/comment-page-1/#comment-4003 Liz Mon, 16 May 2011 09:08:11 +0000 http://www.prosperityunbound.com/blog/?p=169#comment-4003 Well explained Elena! Very useful information on the background of the crisis and good solid proposals on what to do next. Well explained Elena! Very useful information on the background of the crisis and good solid proposals on what to do next.

]]> Comment on Greece’s Date with the Taxman by Maria http://www.prosperityunbound.com/blog/2011/05/greeces-date-with-the-taxman/comment-page-1/#comment-3997 Maria Fri, 13 May 2011 15:38:45 +0000 http://www.prosperityunbound.com/blog/?p=156#comment-3997 Excellent piece of work! Greece is going throuh a very tough period and its policy-makers should be left at peace to do their job. Excellent piece of work! Greece is going throuh a very tough period and its policy-makers should be left at peace to do their job.

]]> Comment on Greece’s Date with the Taxman by Peter http://www.prosperityunbound.com/blog/2011/05/greeces-date-with-the-taxman/comment-page-1/#comment-3996 Peter Fri, 13 May 2011 15:37:43 +0000 http://www.prosperityunbound.com/blog/?p=156#comment-3996 At last somebody is talking straight! At last somebody is talking straight!

]]> Comment on Now is not the time to bet against Greece by Maria http://www.prosperityunbound.com/blog/2011/05/now-is-not-the-time-to-bet-against-greece/comment-page-1/#comment-3995 Maria Fri, 13 May 2011 15:34:38 +0000 http://www.prosperityunbound.com/blog/?p=164#comment-3995 Good piece of work! Greece is going through a very tough period right now and its policy makers should be left at peace to do their job. Good piece of work! Greece is going through a very tough period right now and its policy makers should be left at peace to do their job.

]]> Comment on Article by Willem Buiter’s Maverecon at the Financial Times.com Prosperity Unbound is mentioned in the Useful Finance paragraph by Pachelo http://www.prosperityunbound.com/blog/2009/05/article-by-willem-buiters-maverecon-at-the-financial-timescom-prosperity-unbound-is-mentioned-in-the-useful-finance-paragraph/comment-page-1/#comment-3984 Pachelo Wed, 27 Apr 2011 17:28:55 +0000 http://www.prosperityunbound.com/blog/?p=26#comment-3984 This Best article for me. Thank you very much. This Best article for me. Thank you very much.

]]> Comment on Prosperity Unbound now in Greek edition by Marilyn http://www.prosperityunbound.com/blog/2011/04/prosperity-unbound-now-in-greek-edition/comment-page-1/#comment-3977 Marilyn Mon, 18 Apr 2011 15:12:34 +0000 http://www.prosperityunbound.com/blog/?p=138#comment-3977 A very moving presentation as Elena shared her own personal experience working together with indigenous people in Peru and elsewhere... It was impressive to see how a European woman with a western education became "local" for a while and how she worked hard to secure property rights and abolish informality! Very useful contributions by the other speakers, all of which are highly respected academics and personalities from the banking sector! I hope we learn from Elena's experience and that her vision is put in practice in order to transform informality, broken institutions and bad rules. A very moving presentation as Elena shared her own personal experience working together with indigenous people in Peru and elsewhere…

It was impressive to see how a European woman with a western education became “local” for a while and how she worked hard to secure property rights and abolish informality!

Very useful contributions by the other speakers, all of which are highly respected academics and personalities from the banking sector!

I hope we learn from Elena’s experience and that her vision is put in practice in order to transform informality, broken institutions and bad rules.

]]> Comment on Prosperity Unbound now in Greek edition by Mike http://www.prosperityunbound.com/blog/2011/04/prosperity-unbound-now-in-greek-edition/comment-page-1/#comment-3976 Mike Sun, 17 Apr 2011 20:21:13 +0000 http://www.prosperityunbound.com/blog/?p=138#comment-3976 Excellent presentation which reminded me of my passion as a fledgling student studying Economic Development and why i came back to Greece. Raises pertinent issues - issues that explain to a great extent how Greece is where it is. Elucidating the economic prison that informal property rights bestow not only on their owners but to the national economy. Hope to read the book in English to do it justice. Excellent presentation which reminded me of my passion as a fledgling student studying Economic Development and why i came back to Greece. Raises pertinent issues – issues that explain to a great extent how Greece is where it is. Elucidating the economic prison that informal property rights bestow not only on their owners but to the national economy.
Hope to read the book in English to do it justice.

]]> Comment on Prosperity Unbound now in Greek edition by Laz http://www.prosperityunbound.com/blog/2011/04/prosperity-unbound-now-in-greek-edition/comment-page-1/#comment-3972 Laz Fri, 15 Apr 2011 14:05:34 +0000 http://www.prosperityunbound.com/blog/?p=138#comment-3972 I was there! Nice presentation with very interesting and timely remarks from the speakers. As informality has been for years a typical dysfunction in my country, I hope that a new generation of politicians and a general change of Greek mentality can contribute to its elimination. I was there! Nice presentation with very interesting and timely remarks from the speakers.
As informality has been for years a typical dysfunction in my country, I hope that a new generation of politicians and a general change of Greek mentality can contribute to its elimination.

]]> Comment on Global Productivity=Technology +IRP by Towards a Folklore Industry:Put Copyright on Folklore | Beyond The First World http://www.prosperityunbound.com/blog/2010/04/global-productivitytechnology-irp/comment-page-1/#comment-3860 Towards a Folklore Industry:Put Copyright on Folklore | Beyond The First World Thu, 19 Aug 2010 06:56:06 +0000 http://www.prosperityunbound.com/blog/?p=79#comment-3860 [...] was well captioned by Reneta Milcheva who gave a very good example using William, the boy that harvested the wind in Africa. His was a [...] [...] was well captioned by Reneta Milcheva who gave a very good example using William, the boy that harvested the wind in Africa. His was a [...]

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