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Yanis Varoufakis
By Yanis Varoufakis - May 22,2023
ATHENS — When First Republic Bank failed, the Federal Deposit Insurance Corporation organised a shotgun sale of its assets to JPMorgan Chase.
By Yanis Varoufakis - Apr 05,2023
ATHENS — European industry is reeling under the twin threat of high energy prices and President Joe Biden’s Inflation Reduction Act (IRA) which, in essence, bribes Europe’s green industries to migrate to the United States.
By Yanis Varoufakis - Mar 25,2023
ATHENS — The banking crisis this time is different. In fact, it is worse than in 2007-08.
By Yanis Varoufakis - Jan 09,2023
ATHENS — This is not a polemic about whether Russia can be trusted to respect any future peace treaty with Ukraine. Nor is it a commentary on the merits of ending the war by diplomatic means.
By Yanis Varoufakis - Nov 28,2022
ATHENS — Elon Musk had good reasons to feel unfulfilled enough to buy Twitter for $44 billion. He had pioneered online payments, upended the car industry, revolutionised space travel and even experimented with ambitious brain-computer interfaces.
By Yanis Varoufakis - Sep 24,2022
ATHENS — Capitalism conquered the world by commodifying almost everything that had a value but not a price, thus driving a sharp wedge between values and prices. It did the same to money.
By Yanis Varoufakis - Sep 04,2022
ATHENS — The blades of the wind turbines on the mountain range opposite my window are turning especially energetically today.
By Yanis Varoufakis - Jul 31,2022
ATHENS — It is never easy to wake up to the news that your country’s business model is busted.
By Yanis Varoufakis - Jun 23,2022
ATHENS — The blame game over surging prices is on. Was it too much central-bank money being pumped out for too long that caused inflation to take off?
By Yanis Varoufakis - May 23,2022
ATHENS — In 1943, progressives had a moral duty to dismiss calls for a negotiated settlement with Hitler. Cutting a deal with the Nazis to end the carnage would have been unforgivable.