A Democratic History of Ancient Greece

Temple of Olympian Zeus

Alexis de Tocqueville observed that historians writing in aristocratic ages tend to emphasize the role of great individuals and of chance, while historians who write in democratic eras are “not only prone to assign a great cause to every incident, but they are also given to connect incidents together, so as to deduce a system from them.” Alexis de Tocqueville, it is fair to say, had Josiah Ober and his colleagues figured.

U.S. Per Capita Debt Worse than Greece

U.S. per capita debt is larger than that of Europe’s most financially distressed countries, including Greece, a new analysis reveals. U.S. debt per capita is nearly $45,000, approximately 15 percent higher than that of Greece ($38,937), and more than double that of Portugal ($19,989). Under President Obama’s fiscal year 2013 budget, U.S. debt per capita is projected to reach $75,000.