A few days ago I received an email from the Guardian: “We’re putting a panel together of writers and thinkers following the announcement that Jeremy Corbyn is planning to relaunch his image and policies as a leftwing populist. We are asking for 300 words in response to the question, “What should Corbyn’s leftwing populism look […]
On 4th December 2016 I delivered the keynote at the RiskMinds International risk management conference in Amsterdam. A summary of my talk, compiled by the organisers, follows.
ATHENS – If Donald Trump understands anything, it is the value of bankruptcy and financial recycling. He knows all about success via strategic defaults, followed by massive debt write-offs and the creation of assets from liabilities. But does he grasp the profound difference between a developer’s debt and the debt of a large economy? […]
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Yanis Varoufakis, Ralph Nader, Tim Barker, Donna Murch and Simon Schama, interviewed by Christopher Lydon.
The chances of Trump pursuing an economic stimulus that will benefit the lives of those he promised to help are slim.
I had no doubt Donald Trump would win, just like I had no doubt Brexit would happen, so maybe I’m not as shell-shocked as you,” says Yanis Varoufakis. The former Greek finance minister is speaking to me several days after the Republican candidate’s historic victory. He doesn’t sound smug about being so prescient, more resigned, deflated, […]
[Originally published here] The election of Donald Trump symbolises the demise of a remarkable era. It was a time when we saw the curious spectacle of a superpower, the US, growing stronger because of – rather than despite – its burgeoning deficits. It was also remarkable because of the sudden influx of two billion workers […]
Why is America still important? Below I copy the answer I gave in 2011 in the last chapter of The Global Minotaur: America, Europe and the Future of the World Economy. (For those not familiar with the economic meaning of my Minotaur allegory, read this.) Today, as the Trump Presidency looms, I fear that that conclusion […]
I had a bet with my American friend Stewart Brand that Trump would win. He wrote to me this morning: “You called it right. And I called it wrong. Groan. Now the weirdness!” I wrote back to him:
Donald Trump’s victory marks the end of an era when a self-confident Establishment preached the end of history, the end of passion and the supremacy of a technocracy working on behalf of the 1%. But the era it ushers in is not new. It is a new variant of the 1930s, featuring deflationary economics, xenophobia […]
By Thomas Seibert and Yanis Varoufakis, members of DiEM25’s Coordinating Collective As in the case of Brexit, we refuse to respond in a binary manner (remain or leave, Clinton or Trump) to the question facing voters.