Simitis examines the European debt crisis with particular reference to the Greek case. He investigates its spillover from a Greek-specific problem to a Eurozone-wide crisis and chronicles the policy responses to combat it. His central argument is that the main cause of the Eurozone's problems was, and still remains, the indecisiveness of European elites to tackle its underlying deficiencies. Leading Eurozone countries have been unwilling to commit to a common long-term plan which could deal convincingly with complex and inter-related problems affecting both its 'core' and its 'periphery'
1 Introduction: The Economics of Friendship -- 1 Friendship: Money Can't Buy It? -- 2 Φιλια -- 3 An Economic Mentality -- 4 Apparatus and Argument -- 2 Grace under Pressure: The Anatomy of χάρις -- The Argument -- 1 Three Cases of Isomorphism -- 2 χάρις and Successful Interaction -- 3 Perception and /méconnaissance -- 4 Conflicts and Cynicism -- 5 Concluding Remarks -- 3 The Most Ancient of Obligations: The Nature of Filial Duty -- 1 The Parent-Child Bond: A Paradigm-Case -- 2 The Debtor Paradigm of Obligation -- 3 The Gratitude Theory -- 4 The Gratitude Theory Analysed -- 5 Tensions in the Script: The Possibility of χάρις -- 6 Concluding Remarks -- 4 A Debtor Paradigm of Obligation: Principles of Moral Accounting -- 1 Moral Bookkeeping -- 2 Morality as Paying Debts -- 3 Debts, Gifts and Morality -- 4 Concluding Remarks: The Ledger under Taboo -- 5 Pricing the Invaluable: Socrates and the Proper Use of Friends -- The Argument -- 1 Framing Socratic Conversation -- 2 False Friends, Part One: Utility, Ancient and Modern -- 3 False Friends Part Two: Economics, Ancient and Modern -- 4 Education and the Logic of Wage-Earning -- 5 Concluding Remarks: The Givenness of the Good -- 6 Active Partnership: Socrates and the Art of Seduction -- The Argument -- 1 Amazing Grace: Looking as a Reciprocal Endeavour -- 2 The Hunter Hunted: Role Reversals and the Paradox of the Hetaera -- 3 Desire Management -- 4 The Secrets of Love Magic -- 5 The Socratic Principle: Pay It Forward -- 6 Concluding Remarks: Language Games at the Market Frontier -- 7 Relational Economics: Aristotle on Value and Equivalence -- 1 Aristotle Discovers the Economy? -- 2 Equivalence -- 3 Value and Values -- 4 The Politics of Need -- 5 Concluding Remarks -- Epilogue: Hostile Worlds -- Bibliography -- Index.