or, How Capitalism Works—and How It Fails
Ratings30
Average rating4.3
THE SUNDAY TIMES BESTSELLER Yanis Varoufakis, the world-renowned economist and #1 bestselling author, uses personal stories and famous myths to explain what economics is and why it has the power to change our world. Why is there so much inequality? In this intimate and accessible book, world famous economist Yanis Varoufakis sets out to answer his daughter Xenia’s deceptively simple question. Drawing on memories of her childhood and a variety of well-known tales – from Oedipus and Faust to Frankenstein and The Matrix -- Talking To My Daughter About the Economy explains everything you need to know in order to understand why economics is the most important drama of our times. It is a book that helps to make sense of a troubling world while inspiring us to make it a better one.
Reviews with the most likes.
A strong 3.5 stars. As someone who didn't study economics but has become interested and eventually fascinated by it over time, I found Varoufakis' exploration of economic theory via simplistic language and vivid story telling to be a really entertaining and informative read.
Outstanding. I'd love actually to get my daughter (15) to read this, but it's unlikely I suppose.
I might just read it again in a year or so, as I'm a bear of very little brain and it would do me some good I think. I'm not saying it's a difficult book — quite the opposite in fact, but I find these concepts a little challenging to grasp fully.
Highly recommended and thank you Waterstone's for having this as a book of the month, else I wouldn't have seen it.
The books is very approachable in explaining concepts like state debt and unemployment. I don't regret reading it and can even recommend with an important caveat: it is poisoned with etatism. Varoufakis sees the state as an ultimate solution to all the problems, while most of the times it is exactly the source of these problems. To be fair he does mention the inherently unbreakable bond between bankers and politicians couple of times, but still justifies strong state existence. He even sees the wise state as a solution for bitcoin-related scums. Who else gonna help us poor little bastards to live our lives if not the almighty state, right? (No)