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«Yanis Varoufakis 1. Personal information Place and date of birth: Athens, 24 March 1961 2. Educational Background Doctorate: University of Essex, ...»

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Curriculum Vitae


Yanis Varoufakis

1. Personal information

Place and date of birth: Athens, 24 March 1961

2. Educational Background

Doctorate: University of Essex, Department of Economics, 1987, PhD

in Economics; Title: Optimisation and Strikes; Description: A

statistical investigation of competing time series, cross-section,

econometric, parametric and game theoretical models of

industrial strikes based on USA and UK data. The data sets

used were of two forms: macroeconomic (aggregate) and panel data.

Supervisor: Professor Monojit Chatterji (currently at Cambridge University) Examiners: Professors David Ulph (University of Bristol) and Anthony Shorrocks (University of Essex).

Masters: University of Birmingham, Department of Mathematical Statistics, 1982, MSc in Mathematical Statistics Specialisation: Time series, statistical inference, statistical theory, stochastic processes, limited dependent variable estimation, maximum likelihood estimation, non-parametric statistics.

Bachelor: University of Essex, School of Mathematical Studies, 1981, BA(Hons) Mathematical Economics High School Moraitis School, Athens, Greece

3. Academic positions Primary positions September 2006 to date Professor of Economic Theory, Faculty of Economic Sciences, University of Athens, Athens, Greece January 2013 to January 2015 Visiting Professor, Lyndon B. Johnson School of Public Affairs, University of Texas, Austin, USA November 2013 to January 2015 Visiting Professor, Department of Computer Science, University of Stockholm, Sweden Previous appointments


September 2000 to September 2006 Associate Professor of Economic Theory, Faculty of Economic Sciences, University of Athens, Athens, Greece January 1990 to 2002 Senior Lecturer in Economics (tenured), Department of Economics, University of Sydney September 1995 to September 1996 Senior Lecturer, Department of Political Economy, University of Glasgow UK September 1988 to December 1990 Lecturer in Economics, Department of Economics, University of Sydney, Sydney April 1986 to September 1988 Teaching Fellow, Department of Applied Economics and Trinity College, University of Cambridge UK January 1986 to September 1988 Lecturer (tenured), School of Economic and Social Studies, University of East Anglia, Norwich UK April 1985 to December 1986 Senior Research Associate and University Lecturer, Economics Research Centre, School of Economic and Social Studies, University of East Anglia, Norwich UK October 1983 to April 1985 Teaching and Research Assistant, Department of Economics, University of Essex UK


February 1991 to December 2000 Visiting Professor, Graduate School of Business, University of Sydney June 1993 to September 1993 Visiting Professor, Australian Graduate School of Management, Sydney

–  –  –

- Director, Division of Political Economy, Faculty of Economic Sciences, University of Athens, 2002/3 and 2006 to date

- Director, Poverty Monitoring Research Unit (A joint venture of the Greek Confederation of Trades Unions and the Faculty of Faculty of Economic Sciences, University of Athens)

- Founding Director of UADPhilEcon (The University of Athens Doctoral Program in Economics). Faculty of Economics, University of Athens (2001-2008)

- Director of the First Year economic principles course at Sydney University; a course with an enrolment of 1600 students from the Faculties of Business, Economics and Arts. My responsibilities included the management of the five lecturers and the 23 tutors who were involved in the running of the course (1994-1999)

- Director of Third Year studies which involved overseeing, and being responsible for, 29 semester courses and 650 students each year (1992-1994)

4. Professional/Political positions January to December 2012 Chief Economist, Valve Software, Seattle, Washington State January to September 2015 Member of Hellenic Parliament, Athens, Greece January to July 2015 Minister of Finance, Athens, Greece

5. Major research areas A. Global and European Economic and Financial Crisis B. Political Economy C. Strategic choice (game) theory and its links with economic and political philosophy D. Experimental social sciences E. Digital Economies F. Industrial relations and models of wage inflation in Britain and Australia G. Statistical theory and method H. Commodity prices I. Economic education

6. Publications Books

1. Y. Varoufakis (2016). And the Weak Suffer What They Must? Europe’s crisis, America’s future, New York: Nation Books, forthcoming

2. Y. Varoufakis (2015). A Different World Is Possible: Talking to my daughter about the economy, Paris: Flammarion

3. Y. Varoufakis, S. Holland and J.K. Galbraith (2014). Modeste proposition pour résoudre la crise de la zone euro (The Modest Proposal for Resolving the Eurozone

Crisis), with a foreword by Michel Rocard (former Prime Minister of France), Paris:

Les Petit Matins,

4. Y. Varoufakis (2013). Economic Indeterminacy: An encounter with the economists’

peculiar nemesis, London and New York: Routledge, London and New York:


5. Y. Varoufakis (2015, 3rd edition, 2013 2nd edition, 2011 1st edition). The Global Minotaur: America, the True Causes of the Financial Crisis and the Future of the World Economy, London and New York: Z Boos [translated in German, Italian, Greek, Serbian, French, Spanish, Czech, French, Chinese, Finnish]

6. Y. Varoufakis, J. Halevi and N. Theocarakis (2011). Modern Political Economics:

Making sense of the post-2008 world, London and New York: Routledge

7. Hargreaves-Heap, S. and Y. Varoufakis (2004). Game Theory: A Critical Text, London and New York: Routledge

8. Y. Varoufakis (ed.) (2000). Game Theory: Critical Concepts Vol. 1-5, London:

Routledge. A 1600 page, five volume anthology of papers/chapters on game theory in five volumes, each with an introduction by the editor (see Chapters in Books for titles). Volume 1: Foundations, Volume 2: Refinements, Volume 3: Economic

Applications, Volume 4: Game theory in the Social Sciences, Volume 5:

Philosophical Discontents

9. Y. Varoufakis (1998). Foundations of Economics: A beginner's companion, London and New York: Routledge (translated in Chinese)

10. Hargreaves-Heap, S. and Y. Varoufakis (1995). Game Theory: a critical introduction, London and New York: Routledge (Japanese and Italian translations)

11. Y. Varoufakis (1991). Rational Conflict, Oxford: Blackwell Publishers

12. Y. Varoufakis and D. Young (eds.) (1990). Conflict in Economics, Hemel Hempstead:

Wheatsheaf and New York: St Martin's Press

13. Y. Varoufakis (1988). Econometric Methods on MINITAB: A manual, Norwich:

University of East Anglia

Books in Greek

14. Y. Varoufakis, (2014). Discussing economics with my daughter (Μιλώντας µε την κόρη µου για την οικονοµία), Athens: Patakis Plublishers

15. Y. Varoufakis, (2014). The Genesis of ‘Bailed-Out’ Greece (Η Γένεση της Μνηµονιακής Ελλάδας), Athens: Gutenberg

16. Y. Varoufakis, S. Holland, J.K. Galbraith (2014). The Modest Proposal for Overcoming the Euro Crisis (Μια Μετριοπαθής Πρόταση για την Επίλυση της Κρίσης του Ευρώ), Athens: Potamos

17. Y. Varoufakis (2012). The Global Minotaur: The true causes of the world crisis (Ο Παγκόσµιος Μινώταυρος: Τα πραγµατικά αίτια της κρίσης), Athens: Livanis Publishers

18. Y. Varoufakis (2011). A Lexicon for the Age of Crisis: The economic terms that oppress us (Κρίσης Λεξιλόγιο: Οι οικονοµικοί όροι που µας καταδυναστεύουν), Athens: Potamos

19. Y. Varoufakis (2007). Game Theory: The theory that seeks to unify the social sciences

(Θεωρία Παιγνίων: Η θεωρία που φιλοδοξεί να ενοποιήσει τις κοινωνικές επιστήµες,

Athens: Gutenberg

20. Y. Varoufakis (2007). Political Economy: Economic theory in the light of critical

assessment (Πολιτική Οικονοµία: Η οικονοµική θεωρία στο φως της κριτικής, Athens:


21. Y. Varoufakis and N. Theocarakis (2004). Microeconomic Models of Partial and General Equilibrium (Μικροοικονοµικά Υποδείγµατα Μερικής και Γενικής Ισορροπίας, Athens: Gutenberg Chapters in Books

1. Y. Varoufakis (2013). ‘We are all Greeks now: The crisis in Greece in its European and Global context’, in A. Triandafylidou (ed), The Greek Crisis and European Modernity, London: Palgrave Macmillan

2. Y. Varoufakis (2010). ‘Game Theory’ in The SAGE Encyclopedia of Political Theory, Vol.2, edited by Mark Bevir, Los Angeles: Sage Publications, pp. 541-4

3. Y. Varoufakis (2009). 'A most peculiar success: Constructing UADPhilEcon, a Doctoral Program in Economics at the University of Athens, in Robert F. Garnett

Jr, Erik Olsen, Martha Starr (eds.). Economic Pluralism, London and New York:


4. Arnsperger, C. and Y. Varoufakis (2007). ‘What is Neoclassical Economics? The three axioms responsible for its theoretical oeuvre, practical irrelevance and, thus,

discursive power’, in E. Fulbrook (ed.). Pluralism in Economics, Cheltenham:

Edward Elgar

5. Y. Varoufakis (2000). ‘Great Expectations: Game Theory’s Promise to Unify the Social Sciences’, in Y. Varoufakis (ed.) (2000). Game Theory: Critical Concepts Vol.1

6. Y. Varoufakis (2000). ‘Second Wind: Game Theory Comes of Age’, in Y. Varoufakis (ed.) (2000). Game Theory: Critical Concepts Vol. 2

7. Y. Varoufakis (2000). ‘Takeover: Game Theory’s Influence on Economics’, in Y.

Varoufakis (ed.) (2000). Game Theory: Critical Concepts Vol. 3

8. Y. Varoufakis (2000). ‘Beyond Economics: Game Theory’s foray into the Social Sciences’, in Y. Varoufakis (ed.) (2000). Game Theory: Critical Concepts Vol. 4

9. Y. Varoufakis (2000). ‘Game Theory’s Philosophical Foundations: Internal and External Critique’, in Y. Varoufakis (ed.) (2000). Game Theory: Critical Concepts Vol. 5

10. Lyons, B. and Y. Varoufakis (1997). ‘Game theory, oligopoly and bargaining’ in M.

La Manna (ed). Readings in Microeconomic Theory, London: Dryden Press (reprinted from C10 below)

11. Y. Varoufakis (1996). 'Economics as the Ethic of Our Times' in P. Groenewegen (ed.). Ethics and Economics, London: Routledge

12. Hargreaves-Heap, S. and Y. Varoufakis (1995). 'Experimenting with Neo-Classical Economics: a critical review of experimental economics', in I. Rima (ed).

Measurement, Quantification and Development of Modern Economic Analysis, New York: Routledge

13. Y. Varoufakis (1995). ‘Comment’ in T. Aspromourgos and M. Smith (eds.). The Pursuit of Full Employment in the 1990s, Sydney: Department of Economics, University of Sydney

14. Lyons, B. and Y. Varoufakis (1993). 'Theories of Games and Contracts', in L. Fillipini (ed.). Rational Choice and Information (in Italian). Milano

15. Y. Varoufakis (1992). 'The Writing of an Economic Rationalist Manifesto', in Stilwell et al (eds.). Alternatives to Economic Rationalism, Sydney: Pluto Press

16. Hargreaves-Heap, S. and Y. Varoufakis (1991). 'Economic Theories of Information: a critique', in B. Williams and B. Spawl (eds.). Information Technology and Accounting: the impact of information technology, London: Chapman and Hall

17. Y. Varoufakis (1990). 'Conflict in Equilibrium', in Y. Varoufakis and D. Young (1990). Conflict in Economics see above

18. Y. Varoufakis (1990). 'Solidarity in Conflict', in Y. Varoufakis and D. Young (1990).

Conflict in Economics see above

19. Lyons, B. and Y. Varoufakis (1989). 'Game theory, Oligopoly and Bargaining', in J.

Hey (ed.). Current Issues in Microeconomics, London: Macmillan


1. Y. Varoufakis (2013). ‘From contagion to incoherence: Toward a model of the unfolding Eurozone crisis’, Contributions to Political Economy, 32, 51-71

2. Y. Varoufakis (2013). ‘Europe Unhinged: What the financial crisis of 2008 meant for the integrity of the Eurozone’, European Financial Review, June-July 2013, 51-53 (europeanfinancialreview.com)

3. Y. Varoufakis and S. Holland (2011). 'A Modest Proposal for Overcoming the Euro Crisis', International Journal of Pluralism and Economic Education, 2, 227-235

4. Y. Varoufakis (2010). ‘A New Versailles haunts Europe (or Furiosa Teutonicorum insania)’, Re-public, 23

5. Y. Varoufakis (2009). 'Where the customers are always wrong: some thoughts on the societal impact of a non-pluralist economic education', International Journal of Pluralism and Economics Education, 1, 46-57

6. Y. Varoufakis (2009). 'Pristine equations, tainted economics and the postwar order:

Or how the Cold War fashioned a formalist economics whose dominance remains inversely proportional to its explanatory power and functional to an irrational global order', presented on 10th April 2009 at Columbia University and included in the Proceedings of the Cold War Politics and Social Science Workshop, Heyman Centre for the Humanities, Columbia University

7. Y. Varoufakis (2008). 'Game Theory: Can it unify the social sciences?’, Organization Studies, 29, 1255-77

8. Y. Varoufakis (2008). ‘Capitalism according to Evolutionary Game Theory: On the impossibility of a sufficiently evolutionary model of historical change’, Science and Society, 72, 63-94

9. Y. Varoufakis (2006). ‘The Bonds that Impede: A model of the joint evolution of corruption and apathy’, Indian Journal of Economics, 54, 84-105

10. Y. Varoufakis (2006). ‘Rational Rules of Thumb in Finite Dynamic Games: N-person backward induction with inconsistently aligned beliefs and full rationality’, American Journal of Applied Science, 2 (Special Issue). 57-60

11. Y. Varoufakis (2005). ‘A Hard Spectre to Silence: Meghnad Desai’s Marx’s Revenge’, Science and Society, 69:4, 617-25

12. Arnsperger, C. and Y. Varoufakis (2003). 'Toward a Theory of Solidarity', Erkenntnis, 59, 157-188

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