All content tagged: English

Yanis Varoufakis - 2018-03-22 - Original post - cached version


Perhaps the best known and respected conservative German economist, Hans-Werner Sinn (Munich University and for many years Chair of Ifo Institute), had this to say in reaction to the claims of various troika officials that I cost Greece billions of euros: “Yanis Varoufakis has acted very...
Yanis Varoufakis - 2018-03-22 - Original post - cached version
Last March, 15 activists chained themselves around an aircraft that was being used by British authorities to deport asylum seekers from Stansted Airport, many of whom had legitimate reasons to fear for their lives if returned to countries like Pakistan and Afghanistan. While at first the Stansted...
Yanis Varoufakis - 2018-03-22 - Original post - cached version
Full script of my lecture at the Rose Theatre on Shakespeare: Since brevity is, indeed, the soul of wit, let me begin by stating the obvious: I am as qualified to deliver an annual Shakespeare lecture in this splendid theatre as an ant that walks in wonder on an iPhone is able to explain the...
Yanis Varoufakis - 2018-03-19 - Original post - cached version
Mark Lawson, in today’s Guardian, previews my Annual Shakespeare Rose Lecture, ahead of tonight’s delivery. He begins with its title ‘Shake the Superflux’ and the statement: ‘The beauty of King Lear is that it encourages us to think about inequality’.

Is Theresa May Macbeth? Might King...

Yanis Varoufakis - 2018-03-18 - Original post - cached version

Donald Trump is perhaps the US president best equipped to understand that some rise by sin, and some by virtue fall. His personal business plan always involved racking up enormous deficits and debts, before finding a way to unload them on to others – his employees and creditors mostly. Last...
Yanis Varoufakis - 2018-03-18 - Original post - cached version
Thomas Wieser’s claim that Yanis Varoufakis and the Greek government of 2015 cost their economy 200 billion euros is ludicrous. As Wieser knows – because he was one of the architects of the policy – the Greek economy in 2015 was strangled by its creditors. The creditors inflicted severe damage from...
Yanis Varoufakis - 2018-03-18 - Original post - cached version
Yanis Varoufakis has emerged not only as an embattled finance minister, iconoclastic economist, and co-founder of the Democracy in Europe Movement (DiEM25), but a life-long lover of Shakespeare. He called the Greek debt crisis ‘a Shakespearean tragedy’, reported that observing the European Union is...
Yanis Varoufakis - 2018-03-09 - Original post - cached version
In this interview LA STAMPA sought my views on the outcome of the Italian elections. My original answers (in English) appear below. The gist? Italy’s election result is yet another example of the political centre’s implosion as a result of the establishment’s perseverance with failed, austerity-...
Yanis Varoufakis - 2018-03-07 - Original post - cached version

To read one excellent review of one’s book is a joy. To read an engaging and deeply thoughtful review of different categories of reviews of one’s book is a rare privilege. Normally, I should have left matters there, enjoying the diversity of opinion that Adults in the Room engendered. But...
Yanis Varoufakis - 2018-03-04 - Original post - cached version
ATHENS – Greece’s never-ending public-debt saga has come to signify the European Union’s inept handling of its inevitable eurozone crisis. Eight years after its bankruptcy, the Greek state’s persistent insolvency remains an embarrassment for Europe’s officialdom. That seems to be why, after having...
Yanis Varoufakis - 2018-02-17 - Original post - cached version
L’ex-ministre grec des Finances veut lutter contre la pauvreté de façon «concertée» en Europe.

L’ancien ministre grec des Finances, Yanis Varoufakis, fait le tour de l’Europe à la recherche d’alliés pour proposer un programme de gauche aux élections européennes de 2019.

Yanis Varoufakis - 2018-02-17 - Original post - cached version
El libro de memorias de Yanis Varoufakis sobre sus poco más de cinco meses como ministro de Finanzas griego, ‘Comportarse como adultos. Mi batalla contra el establishment europeo‘, (Deusto) es, probablemente, el libro del año.

Y lo es por muchas razones: su narración de las maratonianas...

Yanis Varoufakis - 2018-02-17 - Original post - cached version

« Nous allons, en même temps que le possesseur d’argent et le possesseur de force de travail, quitter cette sphère bruyante où tout se passe à la surface et aux regards de tous, pour les suivre tous deux dans le laboratoire secret de la production, sur le seuil duquel il est écrit : no...

Yanis Varoufakis - 2018-02-15 - Original post - cached version
“I find arrest is a proportionate response.” That was the judgement delivered in court last Tuesday by Judge Emma Arbuthnot, presiding over the case brought to court by Julian Assange’s lawyers. Their argument had been that the warrant for his arrest ought to be withdrawn because arresting him (...
Yanis Varoufakis - 2018-02-14 - Original post - cached version
We have white smoke! DiEM25’s members overwhelmingly approved the name of our new Greek electoral wing – the political party with which DiEM25 will contest elections in Greece, returning the spirit of the Greek Spring to the place of its birth. As with all major DiEM25 decisions, members voted from...
Yanis Varoufakis - 2018-02-13 - Original post - cached version

Adults In The Room: My Battle With Europe’s Deep Establishment
Yanis Varoufakis
Farrar, Straus and Giroux, $28.00 (cloth)

In the spring of 2015, a series of debt negotiations briefly claimed a share of the world’s attention that normally goes only to events where...

Yanis Varoufakis - 2018-02-13 - Original post - cached version
Schon als Minister legte er Wert auf große Gesten. Yanis Varoufakis bleibt sich auch in diesem Buch treu.

Νein, die ganze Geschichte der Auseinandersetzung um die Griechenland-Hilfe im ersten Halbjahr 2015 ist das nicht, was Yanis Varoufakis, der erste...

Yanis Varoufakis - 2018-02-12 - Original post - cached version
For two years now, DiEM25 has been preserving the spirit of the Greek Spring of 2015 across Europe. Now, as we are preparing to present our progressive program to Europeans across the Union, via the ballot box, the time has come to found the Greek DiEM25 affiliate political party that will return...
Yanis Varoufakis - 2018-02-10 - Original post - cached version

This is an extract from a speech at the ‘Alternative Investment Forum’ on 9th February 2018.

Yanis Varoufakis - 2018-02-04 - Original post - cached version


Those who try to understand the Brexit vote in terms of bean counting (or cost-benefit analysis) are missing the point. Yes, there was a strong underlying economic reason for the manner in which the majority adopted Brexit. But it had nothing to do with a calculation of what the result of...
Yanis Varoufakis - 2018-02-04 - Original post - cached version


Besides the gross disrespect to those who voted in favour of Brexit (instructing them to go back to the polling stations to deliver what we think is the ‘right’ verdict), the call for a second referendum is fraught with logical incoherence.

Any referendum, courtesy of being a binary Yes...

Yanis Varoufakis - 2018-02-04 - Original post - cached version
The main argument against my Norway Plus proposal is that such an agreement would jeopardise the capacity of the UK government to strike out into the world to bring home a variety of tailor-made trade deals with the US, China etc. At the same time, hard Brexiteers continue with their disingenuous...
Yanis Varoufakis - 2018-02-04 - Original post - cached version


Britain used to have wage councils that set the minimum wage per sector. Mrs Thatcher saw to it that they were abolished, together (effectively) with trades unions and council houses – thus yielding the present Precariat-Proletariat whose palpable anger and frustration is evident across...
Yanis Varoufakis - 2018-01-31 - Original post - cached version
Courtesy of, here is the transcript of my speech of 29th January at the House of Commons. The theme? How should Jeremy Corbyn’s Labour Party secure a progressive Brexit consistent with a socialist agenda for the UK but also with DiEM25’s campaign to democratise Europe.


Yanis Varoufakis - 2018-01-30 - Original post - cached version


Delivered in front of an audience of Labour MP and staffers, at the kind invitation of Chuka Ummuna MP.

Yanis Varoufakis - 2018-01-27 - Original post - cached version

In what was a tremendous honour, the Bloody Sunday March organising committee invited me to Derry’s Guildhall to deliver the annual memorial lecture highlighting the legacy of Bloody Sunday and linking it with Brexit and DiEM25’s pan-European campaign for democracy and shared prosperity. An...

Yanis Varoufakis - 2018-01-15 - Original post - cached version
Why ‘Bloody Sunday, Brexit & The Democratic Process’ ?

Much like many other parts of the world at that time, the North of Ireland was undergoing a process of profound political change in the early 1970’s.  By the time January 1972 came around the Northern Ireland Civil Rights Association (...

Yanis Varoufakis - 2018-01-15 - Original post - cached version
“Europa es exactamente lo opuesto a democracia”, asegura el ex ministro griego de Finanzas y cofundador de DIEM25, que ajusta cuentas con los protagonistas de la crisis del euro en  “Comportarse como adultos“

“El Gobierno español actuó firmemente en Bruselas contra los intereses de la inmensa...

Yanis Varoufakis - 2018-01-14 - Original post - cached version
Back in 1991, a left-wing friend expressed his frustration that “really existing socialism” was crumbling, with exaltations of how it had propelled the Soviet Union from the plough to Sputnik in a decade.

I remember replying, under his pained and disapproving gaze: “...

The Duran - 2018-01-07 - Original post - cached version

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Yanis Varoufakis - 2018-01-02 - Original post - cached version
El exministro de Finanzas griego ha publicado un libro sobre las entretelas de la política europea Yanis Varoufakis, exministro de Finanzas de Grecia. Barcelona, 9 de noviembre de 2017 ALBERT GARCIA

Polémico. Atractivo. Brillante. Controvertido. Los seis meses de Yanis Varoufakis(Atenas,...

Yanis Varoufakis - 2017-12-30 - Original post - cached version

How might opposing schools of economic thought – from neoclassical and Keynesian to Libertarian and Marxist, view Christmas presents? Levity aside, the answer reveals the pompousness and vacuity of each and every economic theory.


Yanis Varoufakis - 2017-12-25 - Original post - cached version

In an exclusive interview with WIRED, Yanis Varoufakis discusses Bitcoin’s bubble, the fantasy of apolitical money and the opportunities for the blockchain to reform Europe. By TOM UPCHURCH Saturday 23 December 2017

When I first met Yanis Varoufakis in the summer of 2014, he...

Yanis Varoufakis - 2017-12-25 - Original post - cached version

LONDON — If Santa is listening, here’s a suggestion about what to deliver Prime Minister Theresa May of Britain and David Davis, her chief Brexit negotiator: a copy of Yanis Varoufakis’s “Adults in the Room.”...

Yanis Varoufakis - 2017-12-14 - Original post - cached version

We the undersigned, call for an immediate end to investments in new fossil fuel production and infrastructure, and encourage a dramatic increase in investments in renewable energy.

We are issuing this call to action in the lead up to the climate summit hosted by President...

Yanis Varoufakis - 2017-12-12 - Original post - cached version

ATHENS – The Anglosphere’s political atmosphere is thick with bourgeois outrage. In the United States, the so-called liberal establishment is convinced it was robbed by an insurgency of “deplorables” weaponized by Vladimir Putin’s hackers and Facebook’s sinister inner workings. In Britain,...
Yanis Varoufakis - 2017-12-08 - Original post - cached version

Isn’t it remarkable how establishment European politicians speak common sense once they have lost power and are about to begin their long slide into oblivion? Martin Schulz just copied that pattern with his passionate federalist speech and his pronouncement that “the EU cannot afford another...

Yanis Varoufakis - 2017-12-07 - Original post - cached version


Along with French economist Thomas Piketty, former Greek finance minister Yanis Varoufakis is making economics sexy again. Journalists enjoyed snapping photos of Varoufakis, clad in a black leather coat, commuting to the finance ministry’s offices on his Yamaha motorcycle. But his short...
Yanis Varoufakis - 2017-12-07 - Original post - cached version
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…...
Yanis Varoufakis - 2017-12-07 - Original post - cached version
Yanis Varoufakis on EU negotiations, Sam Leith on Brexit language  and Harry Mount andSophia Money-Coutts on the Glamocracy. Click here
Yanis Varoufakis - 2017-12-05 - Original post - cached version

David Dimbleby presents topical debate from Scarborough, with a panel including Conservative MP and prisons minister Sam Gyimah, Labour’s Chuka Umunna, Ukip’s new leader Henry Bolton, deputy editor of The Sunday Times, Sarah Baxter and the economist and Yanis Varoufakis, DiEM25 co-founder & ...

Yanis Varoufakis - 2017-12-04 - Original post - cached version

Yanis Varoufakis, co-founder of DiEM25, former Minister of Finance for Greece and high profile economist, academic and writer, addressed The Oxford Guild  on Tuesday 28th November in the Said Business School Amphitheatre. He discussed the state of the European Union, of the United Kingdom, the...

Yanis Varoufakis - 2017-12-02 - Original post - cached version

“Britain is a great democracy imperilled by the delusion that it is a great power. The EU is a great power imperilled by the delusion that it is a great democracy. To stabilise our common neighbourhood, in the East, the Middle-East and Africa, both Europe and the UK must overcome their delusions...

Yanis Varoufakis - 2017-11-26 - Original post - cached version
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,...

Yanis Varoufakis - 2017-11-25 - Original post - cached version
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...


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