Talking to My Daughter About the Economy
Mr B's review
A wonderfully accessible two-hundred page response to a daughter’s gut-punching question, “Why is there so much inequality?” The former Greek finance minister who has become a crucial commentator on the economic and political crises of the last two years, considers what the economy is and how it can wield such power over us. En route he covers “the black magic of banking”, the incompatibility of monetary and environmental concerns and the turbulent economy’s myriad of other problems.
Yanis Varoufakis, the bestselling author of Adults in the Room, uses personal stories and famous myths to explain what economics is and why it has the power to change our world.
Why is there so much inequality? In this intimate and accessible book, world famous economist Yanis Varoufakis sets out to answer his daughter Xenia’s deceptively simple question. Drawing on memories of her childhood and a variety of well-known tales – from Oedipus and Faust to Frankenstein and The Matrix — Talking To My Daughter About the Economy explains everything you need to know in order to understand why economics is the most important drama of our times. It is a book that helps to make sense of a troubling world while inspiring us to make it a better one.
“If you’re Left-wing, or even if you have doubts about market economies, you’ll love his arguments because they’re so easy to understand. If you’re on the Right, you’ll have a very clear idea of how your cleverest opponents think … Varoufakis tells all this with exemplary verve … It’s great fun to read … Varoufakis has started a debate here, and he’s done it brilliantly” * Evening Standard * “Utterly accessible, deeply humane and startlingly original – a potent democratic tool at the perfect time” — Naomi Klein, author of No Is Not Enough “A provocative, challenging, yet non-patronising analysis of the global economy: what it is, how it came to be and why it can never be apolitical. By using ancient myths, contemporary culture and family stories, Varoufakis makes the text intimate and accessible” — Nigel Jones * Observer * “Experts have often found it easier to hide behind opaque language than to explain complex concepts in simple terms … Varoufakis wants to smash this barrier: he argues from the outset that if we defer to experts on the economy then we hand over all our most important political decisions to them … Varoufakis does equip his readers with the beginnings of a new language, and punctures myth after myth” — Anna Minton * Guardian * “Varoufakis’s brief history of capitalism unspools with characteristic fluency and verve … those seeking to better understand the ‘black magic’ of bankers should look no further” * Financial Times * “One of the most accurate and detailed descriptions of modern power ever written” * Guardian on Adults In The Room * “Varoufakis has the greatest political virtues of all – courage and honesty” * The Times * “One of my few heroes. As long as people like Varoufakis are around, there still is hope” — Slavoj Zizek “Superbly written … he was – and is – right” — Martin Wolf, Financial Times, on Adults in the Room “An outstanding economist and political analyst” — Noam Chomsky “Astonishing … a reflection on the nature and meaning of power in our times” * Open Democracy on Adults In The Room * “The Thucydides of our time” — Jeffrey Sachs