Showing posts with label Yanis Varoufakis. Show all posts
Showing posts with label Yanis Varoufakis. Show all posts

Wednesday, 1 June 2016

The ECB’s Illusory Independence (Yanis Varoufakis, Project-Syndicate)

A commitment to the independence of central banks is a vital part of the creed that “serious” policymakers are expected to uphold (privatization, labor-market “flexibility,” and so on). But what are central banks meant to be independent of? The answer seems obvious: governments

https://www.project-syndicate.org/commentary/europe-least-independent-central-bank-by-yanis-varoufakis-2016-06

Thursday, 5 May 2016

Imagining a New Bretton Woods (Yanis Varoufakis, Project-Syndicate)

The financial meltdown of 2008 prompted calls for a global financial system that curtails trade imbalances, moderates speculative capital flows, and prevents systemic contagion. That, of course, was the goal of the original Bretton Woods system. But such a system today would be both untenable and undesirable. So, what might an alternative look like?

https://www.project-syndicate.org/commentary/imagining-new-bretton-woods-by-yanis-varoufakis-2016-05

Wednesday, 16 March 2016

Lies, Damn Lies, and European Growth Statistics (Yanis Varoufakis, Project-Syndicate)

“Greece has at last returned to economic growth.” That was the official European Union storyline at the end of 2014. Alas, Greek voters, unimpressed by this rejoicing, ousted the incumbent government and, in January 2015, voted for a new administration in which I served as finance minister.