Nobel Economist Mirrlees: Greece Needs More Time

James Mirrlees, winner of the 1996 Nobel Prize in Economics, talks about the economic situation in Greece.
Greece Backs Tsipras’s Rejection of Further Austerity
44:03 - Greece voted against yielding to further austerity demanded by creditors, leaving Europe’s leaders to determine if the nation can remain in the euro. In other developments, outspoken Greek Finance Minister Yanis Varoufakis resigned, giving Greece a chance to lower the temperature on its often confrontational interactions with other European countries.
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