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Talking to my Daughter About the Economy: A Brief History of Capitalism

Talking to my Daughter About the Economy: A Brief History of Capitalism

Author: Yanis Varoufakis
$35.00(NZD)  inc GST
Available Stock: 1

I was immediately attracted to this book by its title. Maybe this book could help me understand what is going on in the world. In the prologue Varoufakis explains why he wrote the book. It is his belief that it is time people take charge of the economy and take it out of the hands of the Economists, who he believes are the ones least able to manage it. The book was written in nine days in 2013 in his native language of Greek while at his island home in Greece. He addressed it to his daughter who lives with her mother in Australia. He tells how it was a joy to write and he let the book write itself, without any plan. To put this book in historical context, from January to August of 2015, Varoufakis was the Minister of Finance for Greece, in the Alexis Tsipras government, negotiating for their bailout. Varoufakis's politics are pretty apparent in this book. He obviously has no time for banks, describing them as making a profitable business of lending money simply by adding zeros to bank accounts and the purpose of central banks supported by governments is to bail them out when they get into trouble. Then when the government gets into trouble, he believes the only option is for the debts to be forgiven. There is no other way.
The book is written as he describes it. It does ramble somewhat. He makes dubious comparisons to Greek myth, Shelly's Dr Frankenstein and the film the Matrix. He also touches on Bitcoin and the dangers of apolitical money. I enjoyed this book and some of its ideas. But I am not sure if I understand the economy any better. Peter


In this letter to his teenage daughter, one of the world's most famous economists uses vivid stories to explain what economics is and why it is so dangerous. What is money and why does debt exist? Where do wealth and inequality come from? How come economics has the power to shape and destroy our lives? Economics is not a technical science, it is an epic drama: a battleground of ideas, a war between the powerful for our allegiance. In this universally accessible book, Yanis Varoufakis describes how this drama first emerged and has since come to dominate the fate of human societies worldwide. In answering all of the big questions about money and debt, power and inequality, he shows how economics has sought to solve the problems of our world but ended up being a major cause of many of them. Drawing on history and literature, science fiction and personal memories, this intimate and inspiring book shines a light for readers of all ages on some of the most bewildering questions and important challenges that humanity faces.


"The reason Varoufakis seems to have captured the imaginations of so many is that his words about the European crisis speak universal truths about democracy, capitalism and social policy" Guardian "A global celebrity" Economist "He writes with great panache ... and in a gripping style" Times Literary Supplement "The most interesting man in the world" Business Insider "The emerging rock-star of Europe's anti-austerity uprising" Telegraph

Author description

Yanis Varoufakis is the former finance minister of Greece and the author of several international bestselling books. And the Weak Suffer What They Must?: Europe, Austerity and the Threat to Global Stability reveals the underlying problems that led to the Eurozone crisis and its ongoing catastrophic mishandling. Adults In the Room: My Battle with Europe's Deep Establishment is an explosive memoir that reveals what goes on behind the scenes in Europe's corridors of power. Talking To My Daughter About the Economy: A Brief History of Capitalism (forthcoming) explains through vivid stories and easily graspable concepts what economics actually is and why it is so dangerous in the form of a letter to his teenage daughter. Born in Athens in 1961, Yanis Varoufakis was for many years a professor of economics in Britain, Australia and the USA before he entered government and is currently Professor of Economics at the University of Athens. Since resigning from Greece's finance ministry he has co-founded an international grassroots movement, DiEM25, campaigning for the revival of democracy in Europe and speaks to audiences of thousands worldwide. / @yanisvaroufakis

Stock Information

General Fields

  • : 9781847924421
  • : Vintage Publishing
  • : The Bodley Head Ltd
  • : May 2017
  • : 216mm X 135mm
  • : United Kingdom
  • : October 2017
  • : books

Special Fields

  • : Yanis Varoufakis
  • : Paperback
  • : en
  • : 330
  • : 288