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Morning Must-Read: Yanis Varoufakis: No Time for Games in Europe - Washington Center for Equitable Growth

Yanis Varoufakis: No Time for Games in Europe: “The trouble with game theory… …as I used to tell my students, is that it takes for granted the players’ motives…. In the current deliberations between our European partners and Greece’s new government, the whole point is to forge new motives. To fashion a fresh mind-set that transcends national divides, dissolves the creditor-debtor distinction in favor of a pan-European perspective, and places the common European good above petty politics, dogma that proves toxic if universalized, and an us-versus-them mind-set…. I am convinced that we have one option only: to shun any temptation to treat this pivotal moment as an experiment in strategizing and, instead, to present honestly the facts concerning Greece’s social economy, table our proposals for regrowing Greece, explain why these are in Europe’s interest, and reveal the red lines beyond which logic and duty prevent us from going…
#Fiscal-Policy #Eurozone #Greece #anis-Varoufakis - equitablegrowth.org