Columnist

Yanis Varoufakis

Yanis Varoufakis, a former finance minister of Greece, is professor of economics at the University of Athens.

Twitter: @yanisvaroufakis

Latest published

EU recovery fund a blueprint for division, not unity

During the worst clashes between the Greek and German governments amid the euro zone crisis, a German official attempted to dissuade me from insisting on debt relief for Greece with the argument that Germany may be rich, but a majority of its people are poor. On this point, he was right.

August 04, 2020

Europe’s gradualist fallacy

Europe is at the mercy of a common currency that not only was unnecessary for European integration, but that is actually undermining the EU 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?

June 27, 2017

The left must vote for Macron

In 2002, Jacques Chirac, the French right’s leader, faced Jean-Marie Le Pen, the leader of the racist National Front, in the second round of France’s presidential election. The French left rallied behind the Gaullist, conservative Chirac to oppose the xenophobic heir of Vichy collaborationism.

May 05, 2017

Europe’s illiberal establishment

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?

April 04, 2017

A new deal to save Europe

“I don’t care about what it will cost. We took our country back!” This is the proud message heard throughout England since the Brexit referendum last June. And it is a demand that is resonating across the continent.

January 26, 2017

Greece’s perpetual crisis

Since the summer of 2015, Greece has (mostly) dropped out of the news, but not because its economic condition has stabilized. A prison is not newsworthy as long as the inmates suffer quietly.

December 23, 2016

Idea of a universal basic income

The right to laziness has traditionally been only for the propertied rich, whereas the poor have had to struggle for decent wages and working conditions, unemployment and disability insurance, universal health care, and other accoutrements of a dignified life.

November 09, 2016

Answer to global turmoil

Politics in the advanced economies of the West is in the throes of a political shakeup unseen since the 1930s. The Great Deflation now gripping both sides of the Atlantic is reviving political forces that had lain dormant since the end of World War II.

August 01, 2016

Democratizing the EU

The United Kingdom’s referendum on whether to leave the European Union created odd bedfellows — and some odder adversaries. As Tory turned mercilessly against Tory, the schism in the Conservative establishment received much attention.

June 26, 2016