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Nicholas Kristof

One of the earliest recorded economic crises in the Western world came in Athens in the 5th century B.C. Fortunately, Athens was then led by the great Pericles, an early Keynesian who did not respond by slashing budgets.

Instead, he ordered a public works initiative and built the Parthenon. I dropped by the Parthenon the other day, seeking inspiration, and a guide, Miranda-Maria Skiniti, was incisive about the lessons: “We need Pericles today.”

There’s ageless wisdom there for Greeks, Europeans — and Americans.

Read entire article at NYT