NYT: three bloggers and a debate

Avoiding the Default Trap by Daniel Gros

...one should take advantage of the current low prices of Greek debt to go for a market-based debt reduction

Get It Over With by Dani Rodrik

...The lesson is that default can be the better option when the alternative is years of continued austerity.

Why the I.M.F. Isn't the Solution by Veronique de Rugy

 One lesson from the past is that the I.M.F. always gets paid back.

The I.M.F., Greece and Europe: Who Benefits? 

New York Times: Room for Debate

What form should an I.M.F. intervention in Greece take, who stands to gain, and what lessons have been learned from Argentina and other national financial crises?