Economy: Economic News, Policy & Analysis - The Washington Post: Should Greeks learn German to solve their debt crisis?

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Should Greeks learn German to solve their debt crisis? Feb 23rd 2012, 15:11 A Yale economist has found that people whose languages draw strong differences between the present and the future — like the Greeks — tend to save less. Kevin Chen examined two groups of languages in a new working paper: languages that use words like "shall" or "will" to indicate the future, and languages that frequently rely on context rather than a separate verb tense for the future. Speakers of the first set of languages, like Greek, Italian, and English, tend to see the present and future as more disconnected. By contrast, languages that don't grammatically distinguish between present and future events, like German, Finish and Mandarin, "lead their speakers to take more future-oriented actions." Read full article >>

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