First published 2013
Yanis Varoufakis, the former Greek finance minister, dismantles the myths of economic certainty. In a bold challenge to the status quo, he reveals the inherent indeterminacy at the heart of economic modeling. From the fallacy of the "representative agent" to the limitations of general equilibrium theory, Varoufakis exposes the flaws that have led to financial crises and inadequate policy responses. With razor-sharp analysis, he argues that embracing uncertainty is the key to building a more resilient, just economic system.
Genres: political-science, economics, non-fiction, academic
Vibes: thought-provoking
Tropes: academic-subject
392 pages · Paperback · Routledge