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Yanis Varoufakis Quotes

Finance Minister of Greece

Yanis Varoufakis is a Greek economist and politician who served as the Finance Minister of Greece from 2015 to 2015. He is known for his role in the Greek debt crisis and his advocacy for a more democratic economic system.

Famous Yanis Varoufakis Quotes

“All capitalism proved itself capable of after 2020 — just as after 2008 — was a fascinating reversal of natural selection: the larger an institution's failure and the steeper it's financial losses, the greater it's capacity to appropriate society's surplus bailouts.”

Economy Economics Speculative Fiction Alternative History Economy Qoutes

Book:Another Now: Dispatches from an Alternative Present

Source: Another Now: Dispatches from an Alternative Present

“Greece's bailout, then Ireland's, then Portgual's, then Spain's were primarily rescue packages for French and German banks.”

Economy Economics European Union Euro Eurozone Bailout Euro Crisis

Book:And the Weak Suffer What They Must? Europe's Crisis and America's Economic Future

Source: And the Weak Suffer What They Must? Europe's Crisis and America's Economic Future

“... toxic derivatives were underpinned by toxic economics, which, in turn, were no more than motivated delusions in search of theoretical justification; fundamentalist tracts that acknowledged facts only when they could be accommodated to the demands of the lucrative faith. Despite their highly impressive labels and technical appearance, economic models were merely mathematized versions of the touching superstition that markets know best, both at times of tranquility and in periods of tumult.”

Economics Markets Derivatives Economic Models

Book:The Global Minotaur: America, Europe and the Future of the Global Economy

Source: The Global Minotaur: America, Europe and the Future of the Global Economy

Yanis Varoufakis Quotes

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Famous Yanis Varoufakis Quotes