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23 crucial days for Greece

, 28/07/2012

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 technical failure foretold? My interrupted BBC TV interview on the… BBC's bias

, 20/06/2012

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 […]

Ponzi Austerity: Interviewed on the Keiser Report

, 15/06/2012

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 […]

In conversation with Rob Johnson (INET Chairman) on the Global Minotaur, the Slump, US and Europe

, 08/06/2012

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, […]

'Plotting' an economics' rebellion? Featured on Deutsche Welle's mini video documentary on the INET Berlin Conference

, 02/05/2012

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 Modest Proposal in Berlin – INET Conference, 13th April 2012

, 16/04/2012

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 […]

CBS’s 60 Minutes program on An Imperfect Union: Europe’s Debt Crisis. An ‘eyewitness’ assessment

, 09/04/2012

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.

Θεωρία Παιγνίων

, 09/03/2012

Η Θεωρία Παιγνίων, αφού καταξιώθηκε ως η σύγχρονη θεμελίωση της οικονομικής, φιλοδοξεί πλέον να ενοποιήσει όλες τις κοινωνικές επιστήμες. Από τα μικρά προβλήματα της κοινωνίας (π.χ. το σχεδιασμό δημοπρασιών) μέχρι τα μεγάλα φιλοσοφικά μας αινίγματα (π.χ. περί Ηθικής και του ρόλου του Κράτους), η Θεωρία Παιγνίων έχει άποψη. Εντάσσει τον εαυτό της στα φαινόμενα που […]

My documentary for Channel 4: The Eurozone, the Ant and the Grasshopper

, 21/02/2012

A Special Report commissioned by Channel 4 (UK), based on an earlier post in this blog entitled Never Bailed Out: Europe’s ants and grasshoppers revisited  See also the piece I wrote for Channel 4’s website. And do not neglect to watch the full interview with Mr Robert Halver, Baader Bank’s Chief economist. It sheds plenty […]

Europe's austerian state of play, animated

, 04/02/2012

Written and produced by Irish economist David McWilliams, who deserves a round of applause. 

Two interviews on the futile PSI negotiations

, 19/01/2012

  For the second interview click here: Europe as the world’s laughing stock

On Sky TV discussing the PSI+ negotiations, interviewed by Jeff Randall

, 17/01/2012

PSI talks to resume in Athens over the haircut imposed on banks by the EU in October 2011. Back then, Mrs Merkel and MR Sarkozy forced the hand of the IIF’s head, Mr Dallara, to accept the notion of a  ‘voluntary’ 50% haircut on the face value of Greek government bonds (except those not owned […]

The Modest Proposal in the European Parliament: Varoufakis and Holland, on video, presenting

, 08/12/2011

On Thursday 1st December, Stuart Holland and I presented our Modest Proposal to members of the European Parliament. Here is a compilation of one of our presentations – the one featured was hosted by the EU Parliament’s Left Caucus. (While I believe that the eurozone is probably incapable of adopting a rational solution package, like […]

The Global Minotaur: The Crash of 2008 and the Euro-Zone Crisis in Historical Perspective. Columbia University, Nov. 2011

, 20/11/2011

    On 9th November 2011, Mark Mazower (Professor of History at Columbia University) kindly organised an event, at the University of Columbia, to launch my recent book (The Global Minotaur: America, the true causes of the world economy and the future of the world economy). Justin Fox (author of The Myth of the Rational Market) […]

The Euro, Greece, the World Economy: Part B, a debate with Colin Bradford and Mattias Matthijs. (Canadian Public TV)

, 09/11/2011

Here comes the second part of my hour long interview-debate on the Crisis. Not only did Steve Paikin prove an excellent, well read, internviewer but, to boot, I had the pleasure and honour of debating, in the program’s second part, with Colin Bradford (Brookings Institute and Project Leader of Brookings-CIGI Global Governance Reform Project) and Mattias […]

The Euro, Greece, the World Economy: Part A of an hour long interview on 'The Agenda' with Steve Paikin (Canadian Public TV)

, 09/11/2011

The Agenda with Steve Paikin, an in-depth current affairs program on Canadian public TV, kindly afforded me an hour long interview on all aspects of the Crisis (Greece, euro, global). 

From a Referendum not called to the reinforcement of a dangerous illusion

, 06/11/2011

After the Referendum Call turned out to be a cheap trick by the Greek PM, Papandreou promised to do a Jeanne D’ Arc (i.e. to sacrifice himself to save the nation) before trying to pull a Hosni Mubarak (i.e. “Allow me to remain in power in order to usher in the next regime”). With all […]

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