Economic Indiscipline the Root of Europe's Woes

Economic Indiscipline the Root of Europe's Woes: "Greece represents a perverse aspiration — a society with (in the words of Wisconsin Republican Rep. Paul Ryan) 'more takers than makers,' more people taking benefits from government than there are people making goods and services that produce the social surplus that funds government. By socializing the consequences of Greece's misgovernment, Europe has become the world's leading producer of a toxic product — moral hazard."

Read the entire article... Brilliantly written. People need to have an understanding of the issues.