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The Brexit clock must be run down, not re-set – op-ed

, 24/01/2019

The overwhelming defeat that Britain’s Parliament inflicted upon Prime Minister Theresa May’s Brexit plan was fresh confirmation that there is no substitute for democracy. Members of Parliament deserve congratulations for keeping their cool in the face of a made-up deadline. That deadline is the reason why Brexit is proving so hard and potentially so damaging. […]

Turning Brexit Into a Celebration of Democracy – Project Syndicate op-ed, 26 DEC 2018

, 14/01/2019

Paradoxically, while the current Brexit impasse is pregnant with risk, the British should welcome it. Their discontent with the choices before them is an opportunity, not a curse, and more democracy is the antidote, not the disease. ATHENS – Discontent without end looms over Britain. Leavers and Remainers are equally despondent. Her Majesty’s Government and […]

, 01/10/2018

ATHENS – As deadlines approach and red lines are redrawn in the United Kingdom’s impending withdrawal from the European Union, it is imperative for the people of Britain to regain democratic control over a process that is opaque and ludicrously irrational. The question is: How? Democracy can never aspire to being more than a work […]

The three tribes of austerity: enemies of big government, Germany’s social democrats, and tax-cutting Republicans – op-ed in Project Syndicate

, 31/08/2018

No policy is as self-defeating during recessionary times as the pursuit of a budget surplus for the purpose of containing public debt – austerity, for short. So, as the world approaches the tenth anniversary of the collapse of Lehman Brothers, it is appropriate to ask why austerity proved so popular with Western political elites following […]

Behind Greece’s forest fires: a tragic reminder of our collective responsibility as Europeans

, 27/07/2018

ATHENS – A biblical calamity befell Attica last Monday. I saw its first sign in the late morning at Athens airport, where I was seeing off my daughter to Australia. A strong whiff of burning wood caused me to look up to the sky, where a whitish-yellow sun beckoned, surrounded by the telltale eclipse-like daytime […]

Profiles in Euro-Denial: The thwarted euro reforms & Greece’s permanent debt bondage – Project Syndicate op-ed

, 28/06/2018

ATHENS – Europe’s establishment is luxuriating in two recent announcements that would have been momentous even if they were only partly accurate: The end of Greece’s debt crisis, and a Franco-German accord to redesign the eurozone. Unfortunately, both reports offer fresh proof of the European Union establishment’s remarkable talent for never missing an opportunity to […]

Merkel’s Comeuppance is Europe’s – and the World’s – Misfortune – Project Syndicate op-ed

, 30/05/2018

JOHANNESBURG – One of the most common mistakes European leaders make in interpreting US President Donald Trump’s hostility toward America’s traditional allies, or the alacrity of his administration’s efforts to blow up the international order, is to assume that all of this is unprecedented. Nothing could be further from the truth. To continue reading for […]

Liberal Totalitarianism – Project Syndicate op-ed, 30 APR 2018

, 15/05/2018

LISBON – It used to be an axiom of liberalism that freedom meant inalienable self-ownership. You were your own property. You could lease yourself to an employer for a limited period, and for a mutually agreed price, but your property rights over yourself could not be bought or sold. Over the past two centuries, this […]

No Brexit for a Eurozone Britain? Project Syndicate op-ed

, 04/04/2018

As British Prime Minister Theresa May is finding out, disentangling a member state from the EU is an arduous and complex undertaking. But how much harder would Brexit have been had the United Kingdom adopted the euro back in 2000? ATHENS – “You can check out any time you like, but you can never leave.” […]

How Europe’s Band-Aid Ensures Greece’s Debt Bondage – Project Syndicate op-ed, 26 FEB 2018

, 04/03/2018

ATHENS – Greece’s never-ending public-debt saga has come to signify the European Union’s inept handling of its inevitable eurozone crisis. Eight years after its bankruptcy, the Greek state’s persistent insolvency remains an embarrassment for Europe’s officialdom. That seems to be why, after having declared the euro crisis over in the rest of Europe, the authorities […]

The Economists Who Stole Christmas – Project Syndu

, 30/12/2017

How might opposing schools of economic thought – from neoclassical and Keynesian to Libertarian and Marxist, view Christmas presents? Levity aside, the answer reveals the pompousness and vacuity of each and every economic theory. ATHENS – To welcome the New Year with a cheeky take on the clash of economic ideologies, how might opposing camps’ representatives […]

The High Cost of Denying Class War – Project Syndicate op-ed, 8th December 2017

, 12/12/2017

ATHENS – The Anglosphere’s political atmosphere is thick with bourgeois outrage. In the United States, the so-called liberal establishment is convinced it was robbed by an insurgency of “deplorables” weaponized by Vladimir Putin’s hackers and Facebook’s sinister inner workings. In Britain, too, an incensed bourgeoisie are pinching themselves that support for leaving the European Union […]

Lesbos’s Ghosts, Europe’s Disgrace – Project Syndicate op-ed, 31st October 2017

, 31/10/2017

Oct 31, 2017 YANIS VAROUFAKIS ,  GEORGE TYRIKOS-ERGAS In September alone, another 2,238 refugees arrived in Lesbos, despite Turkey’s attempts to cut the flow. A camp designed for 2,000 people now “houses” three times that number, behind rows of barbed wire, in a magma of mud, refuse, and human excrement.  ATHENS – In 2015, hundreds of thousands of […]

On China as a patient investor – Project Syndicate Video

, 27/10/2017

With President Xi Jinping’s signature ‘Belt and Road’ initiative gaining momentum, more countries will be negotiating with China for inward investment in infrastructure. Yanis Varoufakis, the former Greek Finance Minister, says that his own experience was highly encouraging. Greece and China, two ancient civilizations, two countries whose peoples have had a long experience and quite […]

Spain’s Crisis is Europe’s Opportunity – Project Syndicate op-ed, 6 OCT 2017

, 06/10/2017

The Catalonia crisis is a strong hint from history that Europe needs to develop a new type of sovereignty, one that strengthens cities and regions, dissolves national particularism, and upholds democratic norms. Imagining a pan-European democracy is the prerequisite for imagining a Europe worth saving. ATHENS – To revive the ailing European project, the ugly […]

On negotiating with the EU & fiscal money – with Anatole Kaletsky & journalists from El Pais, Handelsblatt – Project Syndicate video

, 28/09/2017

Yanis Varoufakis  discusses how to negotiate with the EU and his proposal to introduce fiscal money with Anatole Kaletsky, Co-Chairman of Gavekal Draganomics, David Alandete, Managing Editor of El Pais, and Torsten Riecke, Handelsblatt’s international correspondent.

Discussing China’s role in Europe, with Anatole Kaletsky & journalists from El Pais, Handelsblatt – Project Syndicate video

, 20/09/2017

Yanis Varoufakis, discusses China’s growing role in Southern Europe and EU politics with Anatole Kaletsky, Co-Chairman of Gavekal Draganomics, David Alandete, Managing Editor of El Pais, and Torsten Riecke, Handelsblatt’s international correspondent.

The Promise of Fiscal Money – Project Syndicate op-ed

, 30/08/2017

ATHENS – Western capitalism has few sacred cows left. It is time to question one of them: the independence of central banks from elected governments. The rationale for entrusting monetary policy fully to central banks is well understood: politicians, overly tempted during the electoral cycle to create more money, pose a threat to economic stability. […]

Europe’s Gradualist Fallacy – Project Syndicate op-ed

, 28/06/2017

ATHENS – Europe is at the mercy of a common currency that not only was unnecessary for European integration, but that is actually undermining the European Union itself. So what should be done about a currency without a state to back it – or about the 19 European states without a currency that they control? […]

Congratulations, President Macron. Now We Oppose You! – Project Syndicate op-ed

, 15/05/2017

ATHENS – Prior to the second round of the French Presidential election, DiEM25 (the pan-European movement of democrats, mostly of the left, that I helped to found) promised Emmanuel Macron that we would “mobilize fully to help” him defeat Marine Le Pen. This we did – incurring the wrath of many on the left – […]

, 06/04/2017

[Αναδημοσίευση από το ThePressProject άρθρου που αρχικά δημοσιεύτηκε στα αγγλικά στο Project Syndicate] Mήπως γιόρταζαν την αποσύνθεση της Ευρώπης, την οποία τώρα αποκαλούν Ευρώπη «πολλών ταχυτήτων» ή «μεταβλητή γεωμετρία»; Ή μήπως βρίσκονταν εκεί για να επικροτήσουν την «business as usual» προσέγγιση τους σε κάθε κρίση – μία προσέγγιση που έχει πυροδοτήσει τις φλόγες του ξενοφοβικού εθνικισμού […]

Europe’s Illiberal Establishment – Project Syndicate op-ed

, 03/04/2017

ATHENS – On March 25, Europe’s leaders convened in the birthplace of the “European project” to celebrate the 60th anniversary of the Treaty of Rome. But what exactly was there to celebrate? Were they reveling in Europe’s disintegration, which they now call “multi-speed” or “variable geometry” Europe? Or were they there to applaud their business-as-usual […]

Socialising androids – Two Project Syndicate op-eds & one Guardian commentary

, 14/03/2017

Click here for my Project Syndicate op-ed in which I reply to Bill Gates’ proposal for a tax on robots, counter-proposing the idea first canvassed here of a universal basic dividend from a public share trust fund. See also this commentary in The Guardian.  

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