Tag Archives: economics

Yanis Varoufakis Slaps Down An Economic Simpleton

I had to post this clip from last night’s Question Time of Yanis Varoufakis demolishing this audience member’s simplistic economic analogy. It’s the first time I can remember anyone on television ripping apart the Thatcherite notion that household and personal finances are equivalent to state finances. Glorious.

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Filed under Government & politics, Public spending