Banks in Greece are closed today, and for the rest of the week, as the country prepares to vote on an austerity proposal from the financial institutions that have been managing its bailout. The conflict with Europe’s major powers has sent stock markets crashing, the Euro tumbling, and cast a shadow over the future of Europe’s monetary union. We discuss why, and what’s next. Plus: breaking coverage of the Supreme Court’s rejection of a Death Penalty challenge that rested on the use of one drug implicated in three botched executions.
- James Galbraith, economist who serves as a Professor of Government at the University of Texas, where he worked closely with Yanis Varoufakis, the current Finance Minister of Greece. He’s the author of several books, the most recent of which is Inequality and Instability
- Mark Weisbrot, Co-Director of the Center for Economic and Policy Research, and author of the forthcoming book Failed: What the “Experts” Got Wrong About the Global Economy
- John Donohue, an economist, attorney, and professor of law at Stanford Law