by Summary:
Age of Economics: in the first part of this project a diverse group of global thinkers answers 8 fundamental questions about economics and capitalist civilization. (Interview number 28) 0:00 - Prologue 01:19 - Intro 01:38 - 1. Why does economics matter? 03:00 - 2. What are the differences between economic science and economic engineering? 09:46 - 3. What role does economics play in society? Does it serve the common good? 15:21 - 4. Economics provides answers to problems related to markets, efficiency, profits, consumption and economic growth. Does economics do a good job in addressing the other issues people care about: climate change and the wider environment, the role of technology in society, issues of race and class, pandemics, etc.? 27:50 - 5. As we live in an age of economics and
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Yanis Varoufakis considers the following as important:
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Age of Economics: in the first part of this project a diverse group of global thinkers answers 8 fundamental questions about economics and capitalist civilization. (Interview number 28) 0:00 - Prologue 01:19 - Intro 01:38 - 1. Why does economics matter? 03:00 - 2. What are the differences between economic science and economic engineering? 09:46 - 3. What role does economics play in society? Does it serve the common good? 15:21 - 4. Economics provides answers to problems related to markets, efficiency, profits, consumption and economic growth. Does economics do a good job in addressing the other issues people care about: climate change and the wider environment, the role of technology in society, issues of race and class, pandemics, etc.? 27:50 - 5. As we live in an age of economics and
Topics:
Yanis Varoufakis considers the following as important:
This could be interesting, too:
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| Age of Economics: in the first part of this project a diverse group of global thinkers answers 8 fundamental questions about economics and capitalist civilization. (Interview number 28) 0:00 - Prologue 01:19 - Intro 01:38 - 1. Why does economics matter? 03:00 - 2. What are the differences between economic science and economic engineering? 09:46 - 3. What role does economics play in society? Does it serve the common good? 15:21 - 4. Economics provides answers to problems related to markets, efficiency, profits, consumption and economic growth. Does economics do a good job in addressing the other issues people care about: climate change and the wider environment, the role of technology in society, issues of race and class, pandemics, etc.? 27:50 - 5. As we live in an age of economics and economists – in which economic developments feature prominently in our lives and economists have major influence over a wide range of policy and people – should economists be held accountable for their advice? 45:47 - 6. Does economics explain Capitalism? How would you define Capitalism? 54:52 - 7. No human system to date has so far been able to endure indefinitely - not ancient Egypt or Rome, not Feudal China or Europe, not the USSR. What about global Capitalism: can it survive in its current form? 01:02:26 - 8. Is Capitalism, or whatever we should call the current system, the best one to serve the needs of humanity, or can we imagine another one? About Yanis Varoufakis Greek. Economist, politician, leader of MeRA25 and DiEM25, former Greece’s Finance Minister, author and professor Yanis Varoufakis is a member of Greece’s Parliament and parliamentary leader of MeRA25, the Greek political party belonging to DiEM25 – Europe’s first transnational paneuropean movement. Previously, he served as Greece’s Finance Minister during the first six months of 2015. Varoufakis read mathematics and economics at the Universities of Essex and Birmingham and subsequently taught economics at the Universities of East Anglia, Cambridge, Sydney, Glasgow, Texas and Athens where he still holds a Chair in Political Economy and Economic Theory. He is also Honorary Professor of Political Economy at the University of Sydney, Honoris Causa Professor of Law, Economics and Finance at the University of Torino, Visiting Professor of Political Economy at King’s College, London, and Doctor of the University Honoris Causa at University of Sussex. He is the author of a number of best-selling books, including Another Now: Dispatches from an alternative present (London: Bodley Head, 2020), Adults in the Room: My struggle against Europe’s Deep Establishment (London: Bodley Head, 2017); Talking to My Daughter About the Economy: A brief history of capitalism (London: Bodley Head, 2017), And the Weak Suffer What They Must? Europe, Austerity and the Threat to Global Stability (London: Bodley Head and NY: Nation Books, 2016); and The Global Minotaur: America, Europe and the Future of the World Economy (London: Zed Books, 2011,2015). His academic books include Economic Indeterminacy (London: Routledge, 2014); Foundations of Economics (London: Routledge, 1998); and Rational Conflict (Oxford: Blackwell, 1991). In his own words, Varoufakis was “thrust onto the public scene by Europe’s inane handling of an inevitable crisis”. In January 2015 he was elected to Greece’s Parliament with the largest majority in the country and served as Greece’s Finance Minister (January to July 2015). During his term he experienced first hand the authoritarian inefficiency of the European Union’s institutions and had to negotiate with the Eurogroup, the European Central Bank and the International Monetary Fund. Varoufakis resigned the finance ministry when he refused to sign a loan agreement that perpetuated Greece’s debt-deflationary cycle. In February 2016 Varoufakis co-founded DiEM25, the Democracy in Europe Movement - Europe’s first transnational movement. In March 2018 DiEM25 founded MeRA25, its Greek political party. Led by Varoufakis, MeRA25 entered Parliament with nine MPs in the July 2019 General Election. For more information on Yanis Varoufakis visit: http://yanisvaroufakis.eu/ ►Website 👉https://www.ageofeconomics.org ►Transcript👉https://www.ageofeconomics.org/interviews/yanis-varoufakis/ ►Youtube channel👉https://www.youtube.com/c/AgeofEconomics ►Twitter 👉https://twitter.com/AgeofEconomics ►Facebook 👉https://www.facebook.com/ageofeconomics Interview by Fabio Dondero and Julian Karaguesian Music: J.S. Bach, from The Well-Tempered Clavier. Kimiko Ishizaka, piano. Video by Fabio Dondero |