In a comment published by the English edition of newspaper Kathimerini George Pagoulatos, Director General of ELIAMEP, examines the current international standing of the UK and US, employing the “winner’s curse” paradigm. The winner’s curse is a concept used among academics that describes what happens when someone’s plan might win, for them to soon discover their calculations to be incorrect and their plan to be more costly or less effective. This is pertinent to the US and the UK in multiple ways. Pagoulatos concludes that a Hobbesian world order is a lose-lose scenario for everyone involved.


You can find the full article in English here.