Video TEDxAcademy - Yanis Varoufakis - A Modest Proposal for Transforming Europe

Professor Varoufakis proposes a decentralized system for europe in order to transform it before the crisis of the system crashes Europe. He studies all the different possibilities of actions that can be taken and explains why his proposal is the best option.


Studied mathematics at Essex University, received an MSc in mathematical statistics from the University of Birmingham and then, curiously, completed a PhD in... economics at Essex University. Between 1982 and 1988 he taught at the Universities of Essex, East Anglia and Cambridge. From 1988 to 2000 he lived in Sydney, where he lectured at the University of Sydney, with short stints at the University of Glasgow and (an even shorter one) at the Université Catholique de Louvain. In 2000 a combination of nostalgia and abhorrence of the conservative turn of the land down under (under the government of that awful little man, John Howard) led him to return to Greece. Since then he has been teaching political economics at the University of Athens.


He lives with Danae Stratou with whom he is sharing life, work and a myriad of projects.


The Crash of 2008 and the subsequent metamorphoses of the crisis (in Europe and in the world at large) seem to have energized him.


He is determined to help in the dissemination of ideas and suggestions concerning the way we interpret and act upon our mad, sad and bewildering post-2008 era.


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