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IT IS an article of faith among some economists that Argentina's past history of monetary irresponsibility means its people think in only one currency: the dollar.
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In a monetary union, irresponsibility by one member endangers the well-being of others.
Disinhibition, characterized by: irresponsibility, impulsivity and risk taking. .
In this respect, the loyalist camp has today warned the opposition that its "intransigence" and "irresponsibility" could precipitate a monetary crisis.
And not only him but also the International Monetary Fund, who no one could accuse of financial irresponsibility".
There are many reasons behind the crisis, from corruption and collective irresponsibility in Greece to European institutional rigidities and the flawed concept of a monetary union without a fiscal union.
"Italy comes off as a borderline case of the irresponsibility of national governments towards collective European interests that is no longer compatible with monetary union," wrote Stefano Lepri in a front-page editorial in La Stampa, a newspaper in Turin.
Deficits imply irresponsibility.
"This irresponsibility requires bail".
FISCAL irresponsibility is one thing.
"Greed and irresponsibility," blasted Barack Obama.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com