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On Italy & the EU after the Eurogroup of 9th April – fanpage.it (English version)

Summary:
The debate about the economic consequences of the Coronavirus pandemic has already begun: what do you think is easier to happen? Will it be a momentary crisis or a crisis destined to change our economic system forever? Neither. The consequences will be harsh and will not disappear any time soon. But, it will not, on its own, change the way capitalism works – even though, it is true, commentators revisit important policy changes, e.g. Universal Basic Income. We must not forget that in times of crisis all sorts of progressive ideas are floated. For example, in 2009 the G20 even discussed the prospect of rejigging global finance in a manner that reflecting John Maynard Keynes’ splendid proposal for an

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Yanis Varoufakis
An accidental economist Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. But let’s take things one at a time.

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