The Global Minotaur by Yanis Varoufakis


Last year, I visited one of the most beautiful bookstores in the world – Lello in Oporto. This bookstore has more than 100 years of existence and is nowadays also a tourist attraction. The store, because of the huge number of daily visitors, charges a fee of around €3 per visitor, although if you buy a book, they discount the fee you paid to the book’s price. While admiring the building me and a friend found some interesting books. He loves history, especially Romans, and he found Veni Vidi Vici by Peter Jones, he instantly became interested in the book and brought it home. I saw a lot of interesting books, but there was one that caught my eyes more than any other The Global Minotaur by Yanis Varoufakis.

Yanis Varoufakis is a Greek economist, he was recently Minister of Finance in Greece and has a strong political view. He also speaks often about the after-2008-financial-crisis-economy on his blog.

I recently finished reading the book and I have to say it probably has become one of my favourites. The author starts with a historical vision of the world economy since the Great Depression, focus on the 2008 Financial Crisis and the European Debt Crisis and offers a possible solution for this last one. Although, he also recognises the solution won’t be used. Why? Again, because of political interests.

One of the reasons I appreciated the book so much is that it shows the problems of the present monetary union – the Euro -, which resulted in the crisis we are still in.

The book is a little economical but worth it, especially if you are European because with this book you can understand better what happen in this last years. I intend to read some of his other books, do you have already red one? Which do you recommend?

Other interesting contents from Yanis Varoufakis:
What should the future of capitalism look like? ARTICLE
Capitalism will eat democracy -- unless we speak up TED Talk

This article was not sponsored.

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