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Medicare suffers from an economic "tragedy of the commons".
As I've said before, I'm not entirely convinced that leaving the euro zone would be an economic tragedy for Greece.
In a new book, a Nobel laureate economist pins the blame for Europe's economic tragedy on the euro.
Because bottlefeeding is more than a health tragedy in this country: it is an economic tragedy, too.
Athens, classically understood as a wellspring of Western civilization, is now widely pilloried as a crisis-addled economic tragedy, crippled by austerity and restive as a result.
If they come up with a credible solution, it does not guarantee a smooth ride for the world economy; but not coming up with a solution guarantees an economic tragedy.
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Now that Greece is vilified, its attempt to reassert the democracy that is such a proud creation of ancient Athens is damned as a threat to the eurozone, and a great history of Hellenic Europe is reduced to repeated – and increasingly real – references to an economic "Greek tragedy".
It would be a real tragedy if we failed to prevent another economic catastrophe because of widespread misunderstanding about the nature of the public debt.
Hobsbawm says he felt relief at the fall of the Berlin Wall, though he sees conditions in Russia since the collapse of the Soviet Union as an "unbelievable economic and social tragedy".
Being from a similar economic background, the tragedy for me is that Jade, Jo and Danielle have confirmed every anti-working class prejudice in this country: that ordinary people are stupid, vicious, racist, cunning, and cannot be trusted with power.
Maryann Piazza's New York firm, Majestic Vending & Services, has endured a national tragedy, economic downturn and a natural disaster.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com