University Temple United Methodist Church University District
Tues May 15, 7:30 pm
Recommended by Charles Mudede
Yanis Varoufakis is an economist and the former finance minister of Greece, and he is planning to run for prime minister in the next general election. His period as the finance minister lasted only last six months. He was not liked by the bankers in Paris and Frankfurt. But despite what many say, he is not a Marxist or even a radical. He is a European social democrat to the bone. The English-speaking world would call him a post-Keynesian. Varoufakis believes that there are obvious solutions to the European crisis that began in 2010 with Greece and then spread to Ireland, Spain, Italy, and Portugal. But these solutions, which are fundamentally rational, cannot be activated or even considered as policy because those making major economic decisions in Europe are not elected, often hold secret meetings, and automatically side with policies that favor Europe’s banking community. Varoufakis's new book, Talking to My Daughter About the Economy: or, How Capitalism Works—and How It Fails, is exactly about Varoufakis explaining economics to his 13-year-old daughter.