Yanis Varoufakis has emerged not only as an embattled finance minister, iconoclastic economist, and co-founder of the Democracy in Europe Movement (DiEM25), but a life-long lover of Shakespeare. He called the Greek debt crisis ‘a Shakespearean tragedy’, reported that observing the European Union is ‘like watching Othello’, and compared the world’s Deep Establishment to Shylock and Macbeth. Those who sold out were...
Read More »Long review of ‘Adults in the Room’, by J.W. Mason, in the Boston Review
Adults In The Room: My Battle With Europe’s Deep Establishment Yanis Varoufakis Farrar, Straus and Giroux, $28.00 (cloth) In the spring of 2015, a series of debt negotiations briefly claimed a share of the world’s attention that normally goes only to events where celebrities give each other prizes. Syriza, a scrappy left-wing party, had stormed into office in Greece on a promise to challenge the consortium of...
Read More »‘Adults in the Room’ and ‘And the Weak Suffer What They Must?’ reviewed by B. Baumer for the INDYPENDENT
Along with French economist Thomas Piketty, former Greek finance minister Yanis Varoufakis is making economics sexy again. Journalists enjoyed snapping photos of Varoufakis, clad in a black leather coat, commuting to the finance ministry’s offices on his Yamaha motorcycle. But his short tenure in the Greek government was marked by clashes with the country’s creditors and ultimately with the leadership of...
Read More »How Trump rose to power (in 2’33”) – Business Insider video
[embedded content] Yanis Varoufakis, former finance minister of Greece and author of “Adults in the Room: My Battle with the European and American Deep Establishment,” explains that the rise of Donald Trump and the alt-right is a symptom of the failure of the establishment and liberal capitalism. Following is a transcript of the video. [embedded content] Yanis Varoufakis: My name is Yanis...
Read More »Europe’s Gradualist Fallacy – Project Syndicate op-ed
ATHENS – Europe is at the mercy of a common currency that not only was unnecessary for European integration, but that is actually undermining the European Union itself. So what should be done about a currency without a state to back it – or about the 19 European states without a currency that they control? The logical answer is either to dismantle the euro or to provide it with the federal state it needs. The...
Read More »The Guardian on the paperback edition of ‘And the Weak Suffer What They Must?’
Click here for The Guardian site. Or… Writing a book should be a life-changing experience for its author. This book was no exception: it was as if, halfway through writing it, the subject matter jumped off the page and demanded a real-life response. I soon found myself in the belly of the beast I had been writing about. I started researching and writing And the Weak Suffer What They Must? in response to a...
Read More »Lunch with The Globe and Mail, in discussion with Eric Reguly
by Eric Reguly for The Globe and Mail Having lost the old fight over Greece’s financial future, Mr. Varoufakis is focused on a different cause: preserving the European Union Click here for The Globe and Mail site and here for a pdf of the article. Alternatively… The explosive public career of Yanis Varoufakis started in January, 2015, and ended less than six months later, when he resigned as Greek finance minister after accusing his boss, Prime Minister Alexis Tsipras, of wholesale...
Read More »Athens book launch of the Greek translation of ‘And the weak suffer what we must?’ Monday 12/12, 19.00
The book will be launched at 19.00 on 12th December 2016 at Parnassos Hall, Plateia Karitsi 8. Speakers include Nicholas Theocarakis (University of Athens), Thanos Mikroutsikos (Composer) and Kostas Vaxevanis (Journalist and publisher). Video messages by Noam Chomsky, James K. Galbraith, Jeff Sachs and Slavoj Zizek. (Please note that this event will be conducted in Greek)
Read More »Reflections on the nature & causes of global financial uncertainty – Amsterdam 4th DEC 2016
On 4th December 2016 I delivered the keynote at the RiskMinds International risk management conference in Amsterdam. A summary of my talk, compiled by the organisers, follows. What’s worse? Being a finance minister of a bankrupt state, or a risk manager in this environment? Tuesday morning’s guest speaker at RiskMinds in Amsterdam, former finance minister of Greece Yanis Varoufakis, wasn’t sure. “We seem to be having a perfect storm,” he began. “A political class which is very rapidly...
Read More »Austerity in 8 minutes: Why it does not work. Why it is still practised
[embedded content] This speech was part of a Cambridge Union debate on ‘This House Has Lost Confidence in Austerity’. See below for the video of the whole debate. [embedded content]
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