And the Weak Suffer What They Must?

And the Weak Suffer What They Must?

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Varoufakis, Yanis Nation Books, 2016
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IN THIS SUMMARY

In And the Weak Suffer What They Must? Yanis Varoufakis argues that unless the European Union corrects its inherently flawed monetary system, the fate of the euro will continue to be doomed. By providing readers with an in-depth political history of the European Union and the development of the euro, Varoufakis illustrates how the causes of the recent debt crisis date back to WWII. Tapping into his experience both as an economist and as Greece's former minister of finance, Varoufakis makes a compelling case for a complete redesign of the European Union's monetary system.