Books

This time on the New World Next Year: James and James tie their ties for another year end episode of the New World Next Week. As always, they unveil their Story of the Year and their prediction for the next year.

This time on the New World Next Year: James and James tie their ties for another year end episode of the New World Next Week. As always, they unveil their Story of the Year and their prediction for the next year.

America offline, punk jingles and rare vinyl + this day in history w/the Silver Bridge collapse and our song of the day by Miguel on your Morning Monarchy for December 15, 2017.

On the occasion of the publication of ‘Talking To My Daughter about the Economy: A brief history of capitalism‘, the Sunday Times published this interview, in the context of their series ‘A Day in the Life of…’ Apologies for the lifestyle-like style and content…

Interview by Gabriel Pogrund

How far should economists engage in day-to-day politics?

“Researchers have an obligation to society to take positions on questions on which they have acquired professional competence,” says French economist Jean Tirole[1]. But how does an academic do this when media are not, in Tirole’s words, his ‘natural habitat’?

It is not often that one’s book is reviewed by a sitting finance minister. But these are strange times.

On 4th November Ireland’s finance minister Paschal Donohoe took the trouble to review my ‘Talking to My Daughter About the Economy: A brief history of capitalism” for The Irish Times. To my utter surprise, he had some exceptionally complimentary things to say about my little book, for which I am – naturally – grateful.

“A gripping tale of an outspoken intellectual’s sudden immersion in high-stakes politics,… an attempt to divine why smart, seemingly decent politicians and bureaucrats would continue pushing a pointlessly cruel approach long after its pointlessness had become clear.”

“Varoufakis wasn’t always trying to make waves. And he seems to have approached his chief task with great seriousness.”

Why the Greek Bailout Went So Wrong
 by Justin Fox, New York Times, 17th November 2017 (Click here for the NYT site)

Yanis Varoufakis, former finance minister of Greece and author of “Adults in the Room: My Battle with the European and American Deep Establishment,” explains that the rise of Donald Trump and the alt-right is a symptom of the failure of the establishment and liberal capitalism. Following is a transcript of the video.

“Utterly accessible, deeply humane and startlingly original – a potent democratic tool at the perfect time” Naomi Klein, author of NO IS NOT ENOUGH and THE SHOCK DOCTRINE

Yanis Varoufakis, the bestselling author of Adults in the Room, uses personal stories and famous myths to explain what economics is and why it has the power to change our world.