"We all live under the dark cloud of the same crisis" James Galbraith at Germany’s IG Metall Trades Union Congress, 7th December 2012
There is only one crisis. The various ‘episodes’ of US subprime mortgages, European and American banks, Greek debt, the recession of the Eurozone today, the trials and tribulations of Ireland, etc., all these are part of the very same, deeply interconnected world crisis. Pretending otherwise is fuel that gives this global crisis another lease of life, […]
At the Kreisky Forum: Why have Europe's social democrats surrendered to the toxic logic of current policies?
On 5th December, I had the great pleasure of addressing a splendid audience at the Kreisky Forum, in Vienna. My theme was, surprise surprise, the European Crisis in its Global Context. Nevertheless, in view of the very special venue (dedicated to the late Chancellor Bruno Kreisky, and delivered in his former home), I was compelled to […]
Click below for a China International Radio debate on the Eurozone Crisis, the extent to which austerity has caused the latest slip of the currency union area into recession and what can be done about it. Panel Discussion involving: -Cui Hongjian, Research Fellow with the China Institute of International Studies. -Yanis Varoufakis, Professor of Economic […]
USI (Union Solidarity International) paid me the complement, on the occasion of the Pan-European Trades Union Action against Austerity, of organising a Web Conference to discuss my take on the Eurozone Crisis. To visit their relevant webpage, click here. In the following video, I had a chance to offer an update on where we stand, […]
DESIGN DEFECTS AND POLICY FAILURES: An institutional analysis Of The Eurozone Crisis: Video of the Varoufakis-Auerback presentations, Columbia Law School
Back in October, the Columbia Law School organised a debate on the Eurozone Crisis as part of their series Modern Money & Public Purpose 3: The Eurozone. Click below for the talks by Yanis Varoufakis and Marshall Auerback
Should the completion of the Single Market be Europe’s top priority now? Watch the video of the 90-minute debate
Last week Intelligence Squared, Google and Youtube, with the support of the European Commission, organised a televised debate on the future of Europe using their standard debate format. The statement that was put to the audience was: Europe, wake up! We will only return to growth and prosperity if we complete the Single Market A […]
While the Columbia University technicians are preparing a proper podcast of my debate with Marshall Auerback (held last Friday, 5th October) on the Euro Crisis at the Columbia Law School, readers can have a pre-hearing (as opposed to a preview) of my presentation. The audio is reasonable and can be heard here: YV talk Columbia […]
Tom O’ Brien runs From Alpha to Omega, an excellent podcast-based blog focusing on political economics. He recently interviewed me on the Global and Euro Crisis. Click here to visit From Alpha to Omega, and listen to the 45′ interview. Or for a podcast uploaded on this site click here:
You may have seen the leaked letter (see below for its contents and also read the Guardian’s report on the matter), authored by the troika and sent to the hapless Quisling-like Greek government. In this interview I was given a brief ‘window’ of an opportunity to discuss its contents and general ‘philosophy’.
On 20th August, the Greek government will have to borrow 3.2 billion from one arm of the Eurozone (from the EFSF) in order to repay another (the ECB). Yet Greece is insolvent. The very idea of an insolvent entity borrowing more from a community, like the Eurozone, in order to repay that same community is […]
A discussion with Doug Henwood on why I accepted the position of Economist-In-Residence at Valve Software. Jump to 33’40” to hear my take on the company’s anarchosyndicalist management structure and the scope for original economic research it provides. (Please forgive the poor sound quality – courtesy of a low quality skype line). See also this […]
You may recall that on Greek election day I issued a missive to the BBC, suggesting that they recover forthwith the journalistic standards which they seemed to have dropped in the run up to the Greek election. That missive, might I add, came from a long standing friend and contributor to the BBC. Indeed, I […]
Max Keiser and Stacy Herbert interviewed me, on the Keiser Report, on my notion of Ponzi Austerity, with particular reference to Spain, Ireland and Greece. Watch the video below and let me know what you think. But before you watch it, allow me to state one disagreement of mine with Max and Stacy’s interpretation. Max […]
A few weeks ago, while in New York, Rob Johnson (Chair of the Institute of New Economic Thinking) invited me to their offices where we recorded a conversation on my The Global Minotaur, the true causes of the Crash of 2008, the reasons why the global economy cannot find its poise after that momentous Crash, […]
A radio panel discussion on China Radio International discussing, for a whole hour (!), the (I am afraid) inconsequential Greek Elections that are coming up this Sunday. Click here PANEL: –Zhao Changhui, Senior analyst with the Export-Import Bank of China; –Yanis Varoufakis, Professor of Economic Theory at the University of Athens; –Nicholas Economides, Professor of […]
'Plotting' an economics' rebellion? Featured on Deutsche Welle's mini video documentary on the INET Berlin Conference
During the INET Berlin Conference, April 2012, DW tv spent a day with me, compiling this mini documentary on the INET Conference in general and my involvement in it in particular. You can watch it here: click the video entitled Economists Planning a Revolution. [Those of you who have missed my INET address, and can […]
The invitation to address INET’s Berlin Conference, and to deliver a fresh version of the Modest Proposal, gave me the impetus to revisit the latter. The extended summary below (of my INET talk) will soon spawn Version 3.0 of the Modest Proposal. Europe’s strategy for dealing with the Euro Crisis has been to ringfence, at […]
On 8th of April, CBS’s 60 Minutes featured a section on the Euro Crisis in which I appeared. Here is my account, and assessment, of it.