The Varoufakis conundrum
I support what Yanis Varoufakis is trying to do in Greece. I see him as someone who is trying to change the debate in Europe from a narrow one about fiscal rectitude that brings out all sorts of nationalistic prejudices to a wider debate about how precisely to re-shape the European Monetary Union into a sustainable currency union despite differing political and social agendas in individual eurozone nations. Frankly, this is the only way the eurozone stays together. Thus far, Yanis has not been successful in this endeavour and I have some comments below as to why.