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Preview — Talking to My Daughter About the Economy by Yanis Varoufakis
Talking to My Daughter About the Economy: A Brief History of Capitalism
In Talking to My Daughter About the Economy, activist Yanis Varoufakis, Greece’s former finance minister and the author of the international bestseller Adults in the Room, pens a series of letters to his young daughter, educating her about the business, politics, and corruption of world economics.
Yanis Varoufakis has appeared before heads of nations, assemblies of experts, and countless student...more
What I liked: Varoufakis explains his understanding of the evolution of Capitalism briefly, clearly, and engagingly. A bright child really could read and grasp what he has written. That's well done and not easy to achieve.
I am going to review this as if politics and economies are necessarily married to each other, because that is Varoufakis's belief and one which I completely agree with. Good luck trying to separate the two! He gives a very good explanati ...more
Varoufakis also takes us on a tour of several key moments that truly de ...more
--This book and Understanding Power: The Indispensable Chomsky exemplify accessibility. As Varoufakis puts it:
As a teacher of economics, I have always believed that if you are not able to explain the economy in a language young people can understand,/>As/>The ...more
Varoufakis believes that understanding economics is key to a truly well-functioning democracy. Yet, the jargon-filled academic field of economics obscures important ideas in strange language and uses inane examples that make it ...more
"When you were born, your name, Xenia, appealed to me greatly because its etymology comes from the Greek word xenos, meaning 'stranger' or 'foreigner' and translates as 'kindness to strangers'. The appeal of this name came in part from my belief that the best way to see your country, your society, is to see it through the eyes of an outsider, a refugee. [...] Doing so will grant you the opportunity to retain your freedom."
In this book, Yanis Varoufakis who is widely regarded as one of the greatest living eco ...more
Overall an interesting book. Would be re-reading it soon.
A necessary book for all. Not interested in economics? Find it dull and unnacessible? Honestly give this a go. Thought-provoking and relatable, Yanis once again gets us all thinking about the important questions in life with regards to the economy and politics.
Where his book falls down is in the blanket covering of all forms of capitalism b ...more
"There are no economic expe/>"There ...more
To begin with, let’s start with a quote from the book, which I think might capture the overall message nicely:
“The worst slavery is that of heavily indoctrinated happy morons who adore their chains and cannot wait to thank their masters for the joy of their subservience.”
The bartender polishing a glass, “What is 1 + 1?”
The mathematician instantly answers, “2”.
The software developer waits until the mathematician is done, “1.999999….”
The economist looks directly into the bartenders eyes, “What do you want it to be?”
This joke was given by Varoufakis at Politics and Prose, a talk I watched before reading this book and I think it sums up his healthy cynic ...more
That being said I picked this book up as somebody who understands the basic concept of capitalism but not much more. I wasn't really expected to enjoy reading it but I did want to understand more about the topics the book covers. I was pleasantly surprised to find this book was really accessible and easy to understand and kept me interested all t ...more
Should add that I borrowed this fr ...more
Peppered with greek mythology and a not very well disguised anger and disgust about the austerity policy after the Greek crash, it's a clever little book for anyone - ...more
Let me begin with a confession: I am a Professor of Economics who has never really trained as an economist. While I may have a PhD in Economics, I do not believe I have ever attended more than a few lectures on economics! But let's take things one at a time.
I was born in Athens back in the mists of 1961. Greece was, at the time, struggling to shed the post-civ ...more