I always slightly disliked Yanis Varoufakis. Strike that, actually I always thought he’s a bit of a clown. Motorbike-riding, leather-jacket-clad, attention-seeking, populist, arrogant clown. Worst of all, he was part of that annoying movement of European politicians that rejected the narrative I believed in, namely that:
- One must always pay ones debts.1
- EU and its institutions always know what they’re doing.
- Countries must be extremely careful with public spending and apply strict austerity measures when facing economic difficulties.2
Varoufakis, an outspoken critic of European Union and its institutions, and a prime minister in a populist government was in stark opposition to that narrative, and thus to everything I knew about public-sector economics (gives you an idea of how deep my knowledge was). I really hated the man, and felt sorry for the Greek people that they had a politician like this, in as critical a function as their finance minister, in the midst of such an enormous crisis.
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