To be honest, I have never quite understood Yanis Varoufakis - on some interviews he has seemed to sound reasonable, but nothing much about what he says has ever stuck in my mind for long. I'm not sure why. I mean, I "get" the basic messages of some other high profile economists - say, Krugman, Stiglitz (or even Piketty) pretty easily - but the details in what Varousfakis argues end up somewhat opaque to me.
Anyway, I'm writing about him because of a Washington Post review of his new book "Technofeudalism - What Killed Capitalism". I also see that he touched on its themes in a very wide ranging talk at the National Press Club, and the transcript is here.
He still confuses me.
I have always found him overrated.
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