A multitude of evils can hide behind the ideological veil of top-down European integration.
Select articles by Yanis Varoufakis, a prestigious economist who heads the Department of Economic Policy at the University of Athens. From 2004 to 2007 Varoufakis served economic adviser to George Papandreou. Author of several books on Game Theory, Varoufakis is also a recognized speaker and often appears as guest analyst for news media like the BBC, Russia Today and Bloomberg TV among others. Truman Factor features Varoufakis' articles in English and in Spanish.
Is there any justification in saying that these two countries are closer today to exiting their ward-of-the-troika status than they were last July, before Mr Draghi’s pronouncement that he will do all it takes to save the Eurozone?
At the end of the day, tens of billions of fresh loan tranches will have authored another nasty act in the cruel theatre of horrors that is the Greek bailout.
The repercussions of this short-sighted agreement are grave not only for Greece but for the Eurozone, and indeed the European Union, more broadly.
In a sense, the Latin troika secured an agreement that may be confirmed in the total breach rather than the implementation.
Europe may have got its wish this weekend. Soon, however, it will be reminded, yet again, that the most vengeful god is the one who grants such wishes.
I would like to call upon northern European governments to cease and desist from more ‘solidarity’ offerings to our fiscally-stricken, fast impoverishing nations.
In view of the deflation that is coming to the deficit countries, having German inflation rise above average is as inevitable as it is useless.
Interview with CNN’s Christian Amanpour on the the theme of Europe’s slow suicide by inane austerity.
Talk at the panel entitled “The Future of Europe” at the Institute for New Economic Thinking’s (INET) Paradigm Lost Conference in Berlin.
The Greek PSI was always an error in search of a rationale. It gave shadow banking a great new opportunity to profiteer at the expense of Greece and of Europe and escalated the latter’s crisis rather than help tame it.
Just like its mythological predecessor, our Global Minotaur kept the world economy going for decades…
Interview for The Capital Account (RT) on the December 9th euro zone summit.
How a peripheral member-state could try to minimise the (huge) socio-economic costs of an exit from the eurozone forced upon it by the latter’s steady disintegration.
Presentation of Yanis Varoufakis’ book “The Global Minotaur: America, the true causes of the world economy and the future of the world economy.”
Europe has no time left in its hourglass. It must act now. What it needs to do is to empower the ECB to issue its own (euro)bonds.
Interview taped after Yanis Varoufakis’ presentation of his “Modest Proposal” at the University of Groningen (Netherlands) on October 6th, 2011.
Greek economist Yanis Varoufakis on the roots of the crisis in the Eurozone, and his own proposals for solving it.