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Yanis Varoufakis
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.
By Yanis Varoufakis - Jan 24,2022
ATHENS  —  Twenty years ago this month, Europe’s common currency became a tangible reality with the introduction of euro banknotes and coins.
By Yanis Varoufakis - Jan 10,2022
ATHENS — Once upon a time, in the ancient kingdom of Lydia, a shepherd called Gyges found a magic ring, which, when rotated on his finger, made him invisible. So, Gyges walked unseen into the royal palace, seduced the queen, murdered the king, and installed himself as ruler.
By Yanis Varoufakis - Dec 27,2021
ATHENS — Once upon a time, in the ancient kingdom of Lydia, a shepherd called Gyges found a magic ring, which, when rotated on his finger, made him invisible. So, Gyges walked unseen into the royal palace, seduced the queen, murdered the king, and installed himself as ruler.
By Yanis Varoufakis - Nov 24,2021
ATHENS — The silver lining in the gloomy cloud of the pandemic was the opportunity it gave the West to mend its ways. During 2020, rays of light shone through. The European Union was forced to contemplate a fiscal union. Then, it helped remove Donald Trump from the White House.
By Yanis Varoufakis - Nov 07,2021
ATHENS — As the coronavirus pandemic recedes in the advanced economies, their central banks increasingly resemble the proverbial ass who, equally hungry and thirsty, succumbs to both hunger and thirst because it could not choose between hay and water.
By Yanis Varoufakis - Sep 27,2021
ATHENS — A “brutal lesson in geopolitics”, is how the Berlin newspaper Der Tagesspiegel described the announcement of AUKUS, the new security partnership between Australia, the United Kingdom and the United States.
By Yanis Varoufakis - Aug 24,2021
ATHENS — On February 9, 1967, hours after the US Air Force pounded Haiphong Harbour and several Vietnamese airfields, NBC television screened a politically momentous episode of Star Trek.
By Yanis Varoufakis - Jul 31,2021
ATHENS — The history of money has been the history of the struggles to control the payment system and the money tree.
By Yanis Varoufakis - Jul 03,2021
ATHENS — This is how capitalism ends: not with a revolutionary bang, but with an evolutionary whimper.

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