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Yanis Varoufakis

economist, politician, non-fiction writer, university teacher, writer

1961

Ioannis Georgiou "Yanis" Varoufakis is a Greek economist and politician. Since 2018, he has been Secretary-General of the Democracy in Europe Movement 2025 (DiEM25), a left-wing pan-European political party he co-founded in 2016. Previously, he was a member of Syriza and was Greece's Minister of Finance between January and July 2015, negotiating on behalf of the Greek government during the 2009–2018 Greek government-debt crisis.

All Quotes by Yanis Varoufakis

“Because I spent many years during my previous life as an academic researching game theory, some commentators rushed to presume that as Greece's new finance minister, I was busily devising bluffs, stratagems and outside options, struggling to improve upon a weak hand. Nothing could be further from the truth.”
— Yanis Varoufakis
“Because I spent many years during my previous life as an academic researching game theory, some commentators rushed to presume that as Greece's new finance minister, I was busily devising bluffs, stratagems and outside options, struggling to improve upon a weak hand. Nothing could be further from the truth.”
— Yanis Varoufakis
“Europe in its infinite wisdom decided to deal with this bankruptcy by loading the largest loan in human history on the weakest of shoulders … What we’ve been having ever since is a kind of fiscal waterboarding that has turned this nation into a debt colony.”
— Yanis Varoufakis
“(The ) resembles a fine riverboat that was launched on a still ocean in 2000. And then the first storm that hit it, in 2008, started creating serious structural problems for it. We started leaking water. And of course, the people in the third class, as in the Titanic, start feeling the drowning effects first.”
— Yanis Varoufakis
“Why did they force us to close the banks? To instil fear in people.And spreading fear is called terrorism.”
— Yanis Varoufakis
“The referendum of 5th July will stay in history as a unique moment when a small European nation rose up against debt-bondage...”
— Yanis Varoufakis
“Politics, I now understand, is at its best when it enlightens us via an opponent's insight.”
— Yanis Varoufakis
“If you take an iPhone apart, every single technology in it was developed by some government grant, every single one.”
— Yanis Varoufakis
“I mean, the enclosures in Britain would never have happened without the king’s army and without state brutality for pushing peasants off their ancestors’ land and creating the commodification of labor, the commodification of land which then gave rise to capitalism.”
— Yanis Varoufakis
“These lazy answers always flourish during periods of deflation. Deflation, ladies and gentlemen, was always going to be the result of this particular design of the euro and deflation begets monsters: it was Mussolini, it was Hitler; now it is [a new fascist international].”
— Yanis Varoufakis
“Unfortunately the euro's design has created a vicious cycle between failed institutions that create failed policies that lead to discontent and then the only way the powers-that-be in Brussels can clamp down and continue to impose their authority is through increasing degrees of authoritarianism.”
— Yanis Varoufakis