English The Global Minotaur: A theory of the Global Crisis Uncategorized Video

Video: A brief introduction to The Global Minotaur, courtesy of ScotlandUnite

Last Friday, 2nd September, a day after the launch of The Global Minotaur, ScotlandUnite, the trades union, invited me to their London offices where they kindly interviewed me on a number of issues, including the book. Here is the video of what I had to say about The Global Minotaur: America, the True Origins of […]

English European Crisis Uncategorized

Eurobonds: Not a question of ‘whether’ but one of ‘who will issue them’ and ‘who will back them’

by Yanis Varoufakis and Stuart Holland Ever since the Crisis erupted, Europe’s leaders have reacted to the suggestion that eurobonds are sine qua non with a familiar repertoire of responses. First came denial of the need for eurobonds, coupled with a snub for those who proposed them. More recently, we witnessed depression at the realisation […]

English European Crisis Greek Crisis Uncategorized

Hour long radio interview (91.5FM WNYE New York) on the eurozone crisis and the Modest Proposal

Hour long radio interview (91.5FM WNYE New York, broadcasting across NY, NJ, CT, and PA) in which I discussed the euro crisis, explained  why eurobonds are essential as long as they are not guaranteed by the eurozone’s member-states, and argued in favour of the continuing appeal of the Modest Proposal (click here for the Levy Institute […]

English North America Politics and Economics Terrorism Uncategorized

CATHARSIS DENIED: The tragedy of 9/11 ten years on

The death of innocents haunts the living until each death is individuated, every last moment is narrated, all personal stories are woven into some unified, cathartic account. During the past ten years, much of the haunting has been lifted by superb reconstructions of the last phone calls, the self-denying rescue efforts, the struggle to escape […]

English European Crisis Uncategorized

To the Finland Station: The undoing of the Menshevik Approach to the Euro Crisis

When Lenin alighted on 3rd April 1917 at Petrograd’s Finland Station, a train was set in motion that upstaged, and eventually overturned, the Mensheviks’ plan for an ‘evolutionary’ path from absolute Tsarism to some form of social democracy. Ironically, it took a Finnish social democrat (newly elected finance minister Jutta Urpilainen) to derail once and […]

English Politics and Economics Uncategorized

And the winner is… (The final verdict on our mini competition on Liberty, Justice and Crisis is in)

Back on 7th July I invited readers to submit short pieces on Liberty and Justice, in the context of the present crisis. The prize on offer was a signed copy of a recent book (entitled MODERN POLITICAL ECONOMICS: Making sense of the post-2008 world, jointly scribbled by myself, Joseph Halevi and Nicholas Theocarakis). The time […]

English European Crisis Uncategorized

Why Eurobonds are Essential and Fiscal Union a Folly (Or how to escape the equally untenable positions of German economists Thomas Straubhaar and Otmar Issing)

The context: In the middle of a mighty bushfire the fire brigade just held a summit between its chief fire fighters (Mrs Merkel and Mr Sarkozy) to discuss the importance of biodiversity, leaving the flames to destroy the forest. Italy and Spain are collapsing. The EFSF, the only institution that was set up to deal […]