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Yanis Varoufakis
By Yanis Varoufakis - Mar 25,2023
ATHENS — The banking crisis this time is different. In fact, it is worse than in 2007-08.
By Yanis Varoufakis - Jan 09,2023
ATHENS — This is not a polemic about whether Russia can be trusted to respect any future peace treaty with Ukraine. Nor is it a commentary on the merits of ending the war by diplomatic means.
By Yanis Varoufakis - Nov 28,2022
ATHENS — Elon Musk had good reasons to feel unfulfilled enough to buy Twitter for $44 billion. He had pioneered online payments, upended the car industry, revolutionised space travel and even experimented with ambitious brain-computer interfaces.
By Yanis Varoufakis - Sep 24,2022
ATHENS — Capitalism conquered the world by commodifying almost everything that had a value but not a price, thus driving a sharp wedge between values and prices. It did the same to money.
By Yanis Varoufakis - Sep 04,2022
ATHENS — The blades of the wind turbines on the mountain range opposite my window are turning especially energetically today.
By Yanis Varoufakis - Jul 31,2022
ATHENS — It is never easy to wake up to the news that your country’s business model is busted.
By Yanis Varoufakis - Jun 23,2022
ATHENS — The blame game over surging prices is on. Was it too much central-bank money being pumped out for too long that caused inflation to take off?
By Yanis Varoufakis - May 23,2022
ATHENS — In 1943, progressives had a moral duty to dismiss calls for a negotiated settlement with Hitler. Cutting a deal with the Nazis to end the carnage would have been unforgivable.
By Yanis Varoufakis - Apr 25,2022
ATHENS — French President Emmanuel Macron’s reelection by a comfortable margin against an opponent with whom he shares a mutual dislike almost obscured a certain co-dependence between their political camps.
By Yanis Varoufakis - Mar 21,2022
ATHENS — Once upon a time, capital goods were just the manufactured means of production. Robinson Crusoe’s salvaged fishing gear, a farmer’s plough and a smith’s furnace were goods that helped produce a larger catch, more food, and shiny steel tools.