Talking To My Daughter About the Economy: A Brief History of Capitalism
In this letter to his teenage daughter, the world-famous economist and number one bestselling author Yanis Varoufakis uses vivid stories to explain what economics is and why it is so dangerous. What is money and why does debt exist? Where do wealth and inequality come from? How come economics has the power to shape and destroy our lives? Economics is not a science, it is an epic drama: a battleground of ideas, a war between the powerful for our allegiance. In this universally accessible book, Yanis Varoufakis describes how this drama first emerged and has since come to dominate the fate of human societies worldwide. In answering all of the big questions about money and debt, power and inequality, he shows how economics is actually ‘religion with equations’, and in seeking to solve the problems of our world it has turned out to be a major cause of many of them.
**THE SUNDAY TIMES BESTSELLER**
Yanis Varoufakis, world renowned economist, writes to his daughter to teach her the hazards of capitalism.
‘Why is there so much inequality?’ asked Xenia to her father. Answering her questions in a series of accessible and tender letters, Varoufakis educates her to what economics and capitalism is and why it is so dangerous.
Taking from memories of her childhood and a variety of well-known tales – from Oedipus and Faust to Frankenstein and The Matrix – Varoufakis turns Talking To My Daughter into an enjoyable and engaging read, without ever shying from the harder truths. Greece’s former finance minister explains everything you need to know to understand why economics is the most important drama of our times.
In answering his daughter’s deceptively simple questions, Varoufakis disentangles our troubling world with remarkable clarity and child-like honesty, as well as inspiring us to make it a better one.
‘Utterly accessible, deeply humane and startlingly original – a potent democratic tool at the perfect time’ Naomi Klein
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