In April 2015 I was vilified for refusing to bow to the troika’s demands for a ridiculously high 3.5% primary surplus and for countering the creditors’ failed ‘program’ with a growth plan dubbed A New Deal for Greece. Not only was I vilified by the troika but I had to deal with a Governor of the Bank of Greece who was fully in cahoots with the troika, backing the creditors rejection of my New Deal proposals and even claiming that my insistence on A New Deal cost Greece 85 billion euros! Yesterday, the good Governor wrote in the FT that Greece needs a… New Deal, effectively regurgitating my proposals from last year. As for the technical details of the two proposals, I let the reader decide which was superior: our technical proposals (worked out jointly with Jeff Sachs and Lazard) or those coming out now from the Bank of Greece?
Some will say better late than never. Others may think that the manner in which this poacher is so shamelessly turning gamekeeper is an important reason why Europeans are turning their backs to a European Union so badly served by its functionaries.
By: Professor Vikas S. Shah, Thought Economics
June 11th, 2016 – Download this paper as a PDF here , or click here for the original site at thoughteconomics.com
On June 23, 2016 the people of the United Kingdom will be asked the single most important political question in modern history, “Should the United Kingdom remain a member of the European Union?” The ‘European Question’ is not a simple one. The population is being asked to distil hundreds of years of geopolitics, economics, culture, conflict, treaties and more into a simple ‘yes or no’ decision against a backdrop of exaggerated arguments, scare-tactics and misinformation (on both sides). The decision we (as citizens) make will not only impact many future generations of our own, but in this hyper-connected global world; it will have repercussions wider than we could possibly predict. Continue reading
FOR THE PUBLISHED VERSION IN SPANISH, CLICK HERE. For the original Q&A (in English)… Continue reading
Labour’s Shadow Chancellor of the Exchequer, John McDonnell has now joined forces with DiEM25. Continue reading
On 31st May 2016 the New York Times published the op-ed below (under a title that is unfortunate and not my choice). (For the NYT site, click here.) The version below is the original and contained graphs and data that could not be fitted in the printed version. (You can also download a pdf of the full article here.)
Athens — After last summer, when the clash between Greece’s recently elected Syriza government and the insolvent state’s creditors ended, the world’s media moved on. The brief rebellion against the austerity measures imposed on Greece was snuffed out in July 2015 when Prime Minister Alexis Tsipras folded. Continue reading
Click here for the interview with Gabrielle Jackson as published on THE GUARDIAN’s site. Or… Continue reading
The interview with Yohann Koshy (April 21, 2016) can be read on VICE’s site here. Otherwise… Continue reading
Click here for the Newsweek site. Or… Continue reading
Yanis Varoufakis joins Rob Cox, global editor of Breakingviews, to talk about his new book, ”And the Weak Suffer What They Must?”, the state of the EU, and the implications of a potential Brexit and Trump presidency.
To watch the video click the image above – or just here. For audio only click below
On 5th May 2016, DiEm25 went to Vienna, the scene where the scandalous decisions regarding border closures motivated by a ‘moral panic’ over the refugees, were taken. The people of Vienna embraced our event with splendid warmth, generosity and enthusiasm. You can watch the event in two parts (click above) and you can catch glimpses of the atmosphere backstage and during our parallel meetings here.
How Greece was turned into a permanent debt-deflationary trap through unsustainable extend-and-pretend bailout loans. And how difficult it was to negotiate with creditors who do not really care about getting their money back. CLICK ON THE IMAGE ABOVE OR CLICK HERE.
This talk on the future of capitalism and democracy was delivered on 26th April 2016
On 26th April 2015, I had the immense privilege of appearing at the New York Public Library with Noam Chomsky. Amongst other topics, we discussed Bernie Sanders, Greece, Europe, capitalism, the state of economic doctrine and, of course, DiEM25, the Democracy in Europe Movement that Noam recently joined. My deepest gratitude to the good people at New York Public Library for the generosity and hospitality.