Talking to My Daughter About the Economy

or, How Capitalism Works--and How It Fails

Paperback, 224 pages

Published May 21, 2019 by Farrar, Straus and Giroux.

ISBN:
978-0-374-53849-1
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In Talking to My Daughter About the Economy, activist Yanis Varoufakis, Greece's former finance minister and the author of the international bestseller Adults in the Room, pens a series of letters to his young daughter, educating her about the business, politics, and corruption of world economics. Yanis Varoufakis has appeared before heads of nations, assemblies of experts, and countless students around the world. Now, he faces his most important and difficult audience yet. Using clear language and vivid examples, Varoufakis offers a series of letters to his young daughter about the economy: how it operates, where it came from, how it benefits some while impoverishing others. Taking bankers and politicians to task, he explains the historical origins of inequality among and within nations, questions the pervasive notion that everything has its price, and shows why economic instability is a chronic risk. Finally, he discusses the inability of market-driven policies to …

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Finally a book about economics that I can understand. May have benefited from footnotes pointing out which theories are being discussed. But certainly a very accessible introduction to the economy of the current world of market society, how it came about and where it might lead us to.

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