Jun 23, 2023
Yanis Varoufakis visits Google to discuss his book “And the Weak
Suffer What They Must?”, a critique of the European Union’s
austerity policies during the Greek financial crisis of the early
2010’s.
In January 2015, Yanis Varoufakis, an economics professor teaching
in Austin, Texas, was elected to the Greek parliament with more
votes than any other member of parliament. He served as Greece’s
Minister of Finance for five months in 2015.
In his book, Varoufakis delivers a fresh look at the history of
Europe’s debt crisis and America’s central role in it. He presents
his case against austerity, proposing concrete policies for Europe
that he believes are necessary to address excessive sovereign debt
and avert contagion to America, China, and the rest of the world.
With passionate, informative, and at times humorous prose, he warns
that the implosion of an admittedly imperfect European monetary
union should, and can, be avoided at all cost.
Varoufakis is the Finance Minister of Greece. A Professor of
Economic Theory at the University of Athens and a visiting
professor at the Lyndon B. Johnson School of Public Affairs, he is
the author of "The Global Minotaur: America", "The True Causes of
the Financial Crisis" and "The Future of the World", among
others.
Originally published in April of 2016.
Visit YouTube.com/TalksatGoogle to watch the video.