Austerity

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How do we choose between what is fair and just, and what our debtors demand of us? Yanis Varoufakis was put in such a dilemma in 2015 when he became the finance minister of Greece. In this rousing book, he charts the absurdities that underpin calls for austerity, as well as his own battles with a bureaucracy bent on ignoring the human cost of its every action. Passionately outspoken and tuned to the voices of the oppressed, Varoufakis presents a guide to modern economics, and its threat to democracy, like no other.

Selected from the books And the Weak Suffer What They Must? and Adults in the Room

About the Author

Born in Athens in 1961, Yanis Varoufakis was for many years a professor of economics in Britain, Australia and the USA before becoming finance minister of Greece in 2015. His memoir of his experiences in government, Adults In the Room: My Battle with Europe’s Deep Establishment, was a number one bestseller in 2017. His previous book, And The Weak Suffer What They Must? Europe, Austerity and the Threat to Global Stability was a number one bestseller in 2016.