Financial and Monetary Systems

The problem with capitalism’s magic number

A woman pulling a shopping cart reacts outside a closed Eurobank branch in Athens, Greece June 29, 2015. Greece closed its banks and imposed capital controls on Sunday to check the growing strains on its crippled financial system, bringing the prospect of being forced out of the euro into plain sight.   REUTERS/Alkis Konstantinidis      TPX IMAGES OF THE DAY      - GF10000143182

Capitalism has only one natural tendency - stagnation. Image: REUTERS/Alkis Konstantinidis

Yanis Varoufakis
Former Finance Minister, Greece
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Financial and Monetary SystemsEconomic ProgressJustice and Law
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