When the bombs began to rain down on Iran, I predicted Donald Trump’s Waterloo. Watching his MAGA coalition, a noxious brew of working-class resentment and tax cuts for billionaires, descend into a civil class war, I paraphrased Churchill on the Battle of El Alamein: in his second term, before Iran, Trump had never faced a […]
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Can we escape AI slavery? Only the Left can tame big tech Yanis Varoufakis · 12 Feb 2026 · 6 mins This is light years beyond mere surveillance capitalism. (Andriy Onufriyenko/Getty) Janus, the Roman god of beginnings and endings, did not have two separate heads, but rather was two faces bound together into one divine […]
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On Iran and the Left A Lebanese woman passes a portrait of Ruhollah Khomeini. (Anadolu/Getty) Yanis Varoufakis · Mar 14, 2026 · 7 mins Once again, I find myself caught in the conundrum of opposing an illegal war unleashed by the United States and its allies on a country whose regime I vehemently oppose. It […]
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Can we escape AI slavery? Only the Left can tame big tech This is light years beyond mere surveillance capitalism. (Andriy Onufriyenko/Getty) Yanis Varoufakis 12 Feb 2026 · 6 mins Artificial intelligence · Big tech · Prometheus Janus, the Roman god of beginnings and endings, did not have two separate heads, but rather was two […]
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Francisco Goya’s etching The Sleep of Reason Produces Monsters was an artist’s stern warning of the hideous forces unleashed in the mind when reason lowers its guard. Today, stablecoins are the gruesome forces being released into the global economy as President Trump’s crypto dreams, unchecked by reason, morphed into the GENIUS Act. Stablecoins are the […]
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UnHerd’s Freddie Sayers interviews renowned economist and former Greek Finance Minister Yanis Varoufakis and Eurointelligence founder Wolfgang Münchau as they dissect the escalating trade war between Europe and the United States. With the US recently striking a so-called trade deal with the UK, and news of India signing a comprehensive agreement with the UK, tensions […]
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In this interview, I argue that how Trump’s Shock pans out will largely depend on whether Europe and China will act in concert or turn against one another. As for the UK, Trump has given Brexit a major boost. And here is another interview with Emily Jeshinsky of Unherd’s Undercurrents on the same subject: Trump’s […]
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“My philosophy, Mr President, is that all foreigners are out to screw us and it’s our job to screw them first.” With these words, the US Treasury Secretary convinced the President to deliver a colossal shock to the global economy. In the words of one of the President’s men, the objective was to trigger “a […]
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“He wants to reduce the value of the dollar… in order to make American exports more competitive and imports into the United States more expensive. At the same time he wants to maintain the hegemony of the dollar.” Yanis Varoufakis explains the secret behind Trump’s tariff strategy, and his new obsession with cryptocurrency. This interview […]
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Whatever happened to the notion that, faced with the enemies of democracy, we should fight their ideas but, equally, for their right to express them? The answer, unfortunately, is that it died an ignominious death on Sunday, as Romania’s Central Electoral Bureau, with the full support of the European Union’s liberal establishment, banned far-Right candidate Cǎlin Georgescu […]
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