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difficult to control; unruly; irritable and quarrelsome

ix

Why is Europe so clearly failing to emulate the United States, which also began life as a loose confederacy of fractious states before consolidating magnificently in response to its various existential crises?

I mean I don't know if I agree about the "magnificently" part but I guess he's comparing to Europe so fair enough

—p.ix Foreword to the Paperback Edition (ix) by Yanis Varoufakis
notable
6 years, 7 months ago

Why is Europe so clearly failing to emulate the United States, which also began life as a loose confederacy of fractious states before consolidating magnificently in response to its various existential crises?

I mean I don't know if I agree about the "magnificently" part but I guess he's comparing to Europe so fair enough

—p.ix Foreword to the Paperback Edition (ix) by Yanis Varoufakis
notable
6 years, 7 months ago

the repeal or abolition of a law, right, or agreement

x

the European Union had lost its integrity by crushing Greece and while it was in the process of forfeiting its soul by abrogating its responsibilities to refugees

—p.x Foreword to the Paperback Edition (ix) by Yanis Varoufakis
notable
6 years, 7 months ago

the European Union had lost its integrity by crushing Greece and while it was in the process of forfeiting its soul by abrogating its responsibilities to refugees

—p.x Foreword to the Paperback Edition (ix) by Yanis Varoufakis
notable
6 years, 7 months ago

assistance and support in times of hardship and distress

9

Before long the working class in one nation turned against the working classes of all other nations, looking to protectionism for succour. In 1929 protectionism took the form of devaluing one’s currency vis-à-vis others. As we shall see, in 2010 it took the form of devaluing one’s labor vis-à-vis others.

—p.9 Preface: The Red Blanket (1) by Yanis Varoufakis
notable
6 years, 7 months ago

Before long the working class in one nation turned against the working classes of all other nations, looking to protectionism for succour. In 1929 protectionism took the form of devaluing one’s currency vis-à-vis others. As we shall see, in 2010 it took the form of devaluing one’s labor vis-à-vis others.

—p.9 Preface: The Red Blanket (1) by Yanis Varoufakis
notable
6 years, 7 months ago

the condition of self-sufficiency, especially economic, as applied to a nation; a national policy of economic independence

21

a closed, autarkic (meaning self-sufficient) economy [...] may be poor, solitary and undemocratic, but at least it is free of problems caused by other economies, by external deficits or surpluses

—p.21 And the Weak Suffer What They Must (13) by Yanis Varoufakis
notable
6 years, 7 months ago

a closed, autarkic (meaning self-sufficient) economy [...] may be poor, solitary and undemocratic, but at least it is free of problems caused by other economies, by external deficits or surpluses

—p.21 And the Weak Suffer What They Must (13) by Yanis Varoufakis
notable
6 years, 7 months ago

a supranational currency imagined by Keynes between 1940–1942 and which the UK proposed to introduce after WWII; it could then be used in international trade as a unit of account within a multilateral clearing system—the International Clearing Union—which would also have to be founded

25

An international fund would be created to play the role of the world's central bank and issue its currency--the bancor, as Keynes provisionally named it.

—p.25 And the Weak Suffer What They Must (13) by Yanis Varoufakis
notable
6 years, 7 months ago

An international fund would be created to play the role of the world's central bank and issue its currency--the bancor, as Keynes provisionally named it.

—p.25 And the Weak Suffer What They Must (13) by Yanis Varoufakis
notable
6 years, 7 months ago

(noun) preponderant influence or authority over others; domination / (noun) the social, cultural, ideological, or economic influence exerted by a dominant group

36

Thus in 1971 Europe was jettisoned from the dollar zone by a United States intent on preserving its hegemony and unwilling to turn to austerity to save Bretton Woods.

cus of the $35/oz of gold value being heavily tested in the late 60s/early 70s

—p.36 And the Weak Suffer What They Must (13) by Yanis Varoufakis
notable
6 years, 7 months ago

Thus in 1971 Europe was jettisoned from the dollar zone by a United States intent on preserving its hegemony and unwilling to turn to austerity to save Bretton Woods.

cus of the $35/oz of gold value being heavily tested in the late 60s/early 70s

—p.36 And the Weak Suffer What They Must (13) by Yanis Varoufakis
notable
6 years, 7 months ago

(noun) a painkilling drug or medicine

38

anticipating another anodyne meeting like all the previous ones

—p.38 An Indecent Proposal (38) by Yanis Varoufakis
notable
6 years, 7 months ago

anticipating another anodyne meeting like all the previous ones

—p.38 An Indecent Proposal (38) by Yanis Varoufakis
notable
6 years, 7 months ago

the Treaty establishing the European Economic Community (became the EU in 1993); signed on 25 March 1957 by Belgium, France, Italy, Luxembourg, the Netherlands and West Germany and came into force on 1 January 1958

38

The European Economic Community (EEC), as the European Union was then known, comprised Germany, France, the Netherlands, Luxembourg, Belgium and Italy, the original six founding members and signatories of the Treaty of Rome, signed on 25 March 1957.

—p.38 An Indecent Proposal (38) by Yanis Varoufakis
notable
6 years, 7 months ago

The European Economic Community (EEC), as the European Union was then known, comprised Germany, France, the Netherlands, Luxembourg, Belgium and Italy, the original six founding members and signatories of the Treaty of Rome, signed on 25 March 1957.

—p.38 An Indecent Proposal (38) by Yanis Varoufakis
notable
6 years, 7 months ago

an economic miracle, especially the economic recovery of the Federal Republic of West Germany after the Second World War

42

Erhard had overseen Germany’s Wirtschaftswunder, the economic miracle that had transformed Germany from 1949 to that day

—p.42 An Indecent Proposal (38) by Yanis Varoufakis
notable
6 years, 7 months ago

Erhard had overseen Germany’s Wirtschaftswunder, the economic miracle that had transformed Germany from 1949 to that day

—p.42 An Indecent Proposal (38) by Yanis Varoufakis
notable
6 years, 7 months ago

(especially in international affairs) an establishment or resumption of harmonious relations

42

Adenauer and de Gaulle put their signature on the Elysée Treaty; a treaty that was presented to the world as the cornerstone of French-German rapprochement

—p.42 An Indecent Proposal (38) by Yanis Varoufakis
confirm
6 years, 7 months ago

Adenauer and de Gaulle put their signature on the Elysée Treaty; a treaty that was presented to the world as the cornerstone of French-German rapprochement

—p.42 An Indecent Proposal (38) by Yanis Varoufakis
confirm
6 years, 7 months ago