Greece

Greece’s health care system says amputation cheaper than shoes

10/11/2010
by Heather Wilhelm Ouch!  Here’s the latest news from Greece: This Saturday, one of Greece’s most respected newspapers, To Vima, reported that the nation’s largest government health insurance provider would no longer pay for special footwear for diabetes patients.  Amputation is cheaper, says the Benefits Division of the state insurance provider… Greece’s National Healthcare System was created in...

Public Debt and the Ring of Fire

09/12/2010
by Amanda Griffin-Johnson Desmond Lachman of the American Enterprise Institute (AEI) had an interesting article recently in AEI’s journal, The American. The article, titled “The Emerging Markets’ Century,” details how emerging economies may have a growing impact in the global market because of their comparatively strong public finances when compared to industrialized counties. He explains, “Whereas public debt levels in...