World's top 26 Economists back Syriza

In an essay published on Friday morning in the Financial Times, 26 of the world’s most renowned economic minds proclaimed their solidarity with Syriza, Greece’s ruling anti-austerity party.

The article’s authors—a group that includes Joseph Stiglitz and Thomas Piketty —summarized their message as a “plea for economic sanity and humanity.”

Arguing that the fate of the European Union depends on the ability of Greece and its creditor institutions to compromise, they demanded that the European Union provide “forbearance and finance to promote structural reform and financial recovery,” and that Greece demonstrate “credible commitment” to reform and playing “a positive role in the EU.”

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