- Author:Yanis Varoufakis
- Publisher:Zed Books; Second Edition, Revised, Updated edition (March 12, 2013)
- Pages:288 pages
- Subcategory:Social Sciences
- FB2 format1523 kb
- ePUB format1996 kb
- DJVU format1412 kb
- Formats:lrf docx mobi mbr
Revised and updated, The Global Minotaur, originally published in 2011 is a provocative book. Instead the US came up with the Marshall Plan to turn Europe and Asia into prosperous markets for US goods, especially Germany and Japan.
Revised and updated, The Global Minotaur, originally published in 2011 is a provocative book. Yet, however amazing, this "Global Plan" was not built to last, unlike the Keynes plan.
The book goes back and retells the economic history of the last 90 years or so, nicely summarizing the concerns of the major . Worth reading by all concerned citizens.
The book goes back and retells the economic history of the last 90 years or so, nicely summarizing the concerns of the major world players during the Great Depression and through the postwar period of the Marshall Plan and the gold standard. He writes of the Bretton Woods global economic regime as a particular paradigm called the Global Plan, one in which the US played a central but mostly magnanimous role in the free world's economy.
Thus Varoufakis more sinister name of "The Global Minotaur" for what took place after the Global Plan fell apart in 1971 when Nixon took the US off the gold standard.
Similar books to The Global Minotaur: America, Europe and the Future of the Global Economy (Economic Controversies). Kindle (5th Generation). Thus Varoufakis more sinister name of "The Global Minotaur" for what took place after the Global Plan fell apart in 1971 when Nixon took the US off the gold standard. This happened because the US, instead of surpluses, had begun running both budget and trade deficits, especially due to the Vietnam War and the maturing of the German and Japanese economies. By then others had the surpluses, so the flow of funds had to be reversed in some way.
Yanis Varoufakis is a rare economist: skilled at explaining ideas, happy to join in public debates and able to put his discipline in a broader context. You may not agree with what he says, but you’ll enjoy the way he says i. – Aditya Chakrabortty, The Guardian lead economics writer.
The Global Minotaur: America, Europe and the Future of the Global Economy is a book by economist and former Minister of Finance for Greece Yanis Varoufakis, first published in 2011 by Zed Books. The book seeks to explain the origins of the 2008 financial crash through an analogy of the story of the Minotaur from Greek mythology
The Global Minotaur book. Today’s deepening crisis in Europe, Varoufakis shows, is just one of the inevitable signs of the weakening Minotaur-of a global system that is now as unsustainable as it is unbalanced.
The Global Minotaur book.
In this provocative book, Yanis Varoufakis-the fiery former finance minister in Greek's new Syriza-led government .
In this provocative book, Yanis Varoufakis-the fiery former finance minister in Greek's new Syriza-led government-explodes the myth that financialization, ineffective regulation of banks, and generalized greed and globalization were the root causes of the global economic crisis. Rather, he shows, they are symptoms of a much deeper malaise, one that can be traced all the way back to the Great Depression, then through the stagflation of the 1970s, when a "Global Minotaur" was born
It was this flow of money that became the "engine" that pulled the world economy through to the financial collapse of 2008. Aditya Chakrabortty, Guardian lead economics writer. Yanis is one of the best, brightest and most innovative economists on the planet. Steve Keen, author of Debunking Economics. Clearly and strongly written, with logical organization building towards simple conclusions, the book is an easy yet rewarding read.