English

What’s behind this summer’s unnaturally huge Greek forest fires – UNHERD

My grandmother had the theory that, as we get older, our mind subconsciously cleanses our memories of a myriad misfortunes, leaving a sanitised version of the past for us to feel nostalgic about. The optimism of remembrance, she called it. Little did she know that her reasonable hypothesis would, one day, become the climate change […]

What is money and who rules the world? | Yanis Varoufakis on Escaped Sapiens #46

On this episode of the podcast I speak with Yanis Varoufakis about the role of banks and politicians. Yanis is an economist, politician, author and Secretary-General of MeRA25. He is perhaps best known for his role as the Greek Minister of Finance during the Greek credit crisis. In our discussion we cover some fairly big […]

How the EU out-trumped Trump, plus what is killing capitalism: My last week’s Diary in The New Statesman

The week started ominously with a French journalist asking me whether the Greeks have turned cold-hearted, alluding to the apparent apathy to the drowning of hundreds of refugees off the coast of the Peloponnese and to the murky role played in this tragedy by our Coastguard. Yes, I replied without a second thought. A population […]

New AI Germ Busters Can Also Bust Unions – Project Syndicate op-ed

Humanity has now developed AI algorithms capable of fully decoding a killer bug’s proteins and creating an effective antibiotic. Was there ever any doubt that conglomerates like Amazon would seize upon this opportunity to shrink workplaces along their supply chain where AI predicts a higher probability of unionization? ATHENS – Last week brought a rare good-news […]

Austerity Ruined Europe, and Now It’s Back – Project Syndicate op-ed

The United States is experiencing an investment boom, owing to industrial policies that grant enormous subsidies – including to European firms – for investing in America, largely in green tech. Europe, meanwhile, is responding with a return to the austerity policies that caused it to fall behind the US in the first place. ATHENS – […]

Alexis Tsipras resigns: lessons for progressives

Following Greece’s latest election, after which Alexis Tsipras announced his resignation, a journalist asked me: “What conclusion do you draw from this situation?” Here is my answer: The crucial conclusion to be drawn is that radicals are never welcomed for long into the club of the powerful, even if they are willing to betray their […]
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Who’s Afraid of Central Bank Digital Currencies? Project Syndicate op-ed

Once upon a time, the greed of tobacco companies was channeled through libertarian outrage over the restriction of smokers’ freedom to choose cancer. Today, the outrage is serving the interests of bankers panicking at the prospect of central bank digital currencies. ATHENS – When First Republic Bank failed, the Federal Deposit Insurance Corporation organized a […]

The Strange Death of the Liberal Individual – Project Syndicate op-ed

Only a comprehensive reconfiguration of property rights over the increasingly cloud-based instruments of production, distribution, collaboration, and communication can rescue the foundational liberal idea of liberty as self-ownership. Reviving the liberal individual thus requires precisely what liberals detest: a revolution. ATHENS – My father was the epitome of the liberal individual, a splendid irony for […]

La Stampa interview (English version) on Greek gvt refugee policy, Greece’s economy, MeRA25′ electoral setback, the euro, Italy’s PD and… Angela Merkel

In this post you will find my original answers (in English) to La Stampa‘s varied questions (27/5/2023); from the Greek government’s shameful policy on refugees and MeRA25’s electoral setback, to the future of the Eurozone, my friend Elly Schlein’s leadership of Italy’s main opposition party, the PD and, yes, Angela Merkel! Almost all parties, on […]

Our defeat in context: Greece’s Erdogan-isation is almost complete

The people spoke. Unlike in 2019, when MeRA25 won nine seats in Greece’s Parliament, in yesterday’s election we failed to clear the 3% hurdle, thus, electing no MPs. However, this freshly minted Parliament was condemned before it got a chance to convene. Kyriakos Mitsotakis, the conservative party leader, who won handsomely, is about to dissolve […]