The Econoclasts

🔗Get your tickets for The Econoclasts Live with Hasan Piker here: http://unherd.com/econoclastsliveIn this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect Keir Starmer’s attempts to maintain power in a declining UK economy alongside the paradoxical surge in US market wealth triggered by Donald Trump’s war with Iran - a conflict that is failing to smoke out Tehran while simultaneously enriching a narrow elite of tech lords and fracking independents at the expense of the global working class. Hosted on Acast. See acast.com/privacy for more information.

🔗Get your tickets for The Econoclasts Live with Hasan Piker here: http://unherd.com/econoclastsliveIn this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the myth of European strategic sovereignty and the lie at the heart of the City of London, exposing how Germany’s failure to innovate within its declining car industry leaves it defenceless against Trump’s revenge tariff assault, while the UK’s ‘finance curse’ has replaced productive industrial investment with a parasitic reliance on property speculation and shareholder payouts. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the orthodox view that the newly established U.S. dollar swap lines for Gulf states are a charitable bailout for the Middle East, arguing instead that these facilities are a desperate signalling mechanism designed to bail out the American financial system and the petrodollar recycling machine, as the escalating war in Iran threatens to permanently dismantle U.S. economic hegemony. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau pull back the curtain on the fairy tales of Western geopolitical and technological independence, arguing that Europe is sleepwalking into a decade of industrial decline and techno-vassalage because it has allowed its core innovation to be hollowed out by Silicon Valley, while simultaneously failing to acknowledge the reality that its own energy security and economic survival will ultimately force a desperate reconnection with Russia, even as China successfully weaponises Western sanctions and digital isolation to leapfrog a generation ahead in the global AI war. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dismantle the orthodoxies surrounding the Iran war and Hungarian election by arguing that Donald Trump’s "blockade of the blockade" in the Strait of Hormuz is less a repeat of the 1956 Suez crisis than a catalyst for a new electro-economy and a non-dollar financial architecture, while simultaneously warning that the landslide victory of Péter Magyar over Viktor Orbán is not the liberal restoration the West is celebrating, but rather the replacement of one right wing leader with a fresh face of the same illiberal nationalism. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the crumbling facade of Western geostrategic and economic orthodoxies, arguing that the United States has already reached a military checkmate against Iran, while simultaneously warning that Europe’s delusion of energy independence and perilous vulnerability to supply shocks will likely collapse into a humiliating, American-mediated return to Russian gas. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dismantle the orthodoxies of European leadership and AI-driven warfare, breaking down how the EU’s structural fragmentation make it incapable of filling the global power vacuum, and exposing how corporations like Palantir provide absolution from accountability by replacing human judgment with the clinical, automated efficiency of cloud capital. Hosted on Acast. See acast.com/privacy for more information.

Live from a packed Emmanuel Centre, the Econoclasts brought their podcast to London for a sweeping ‘around-the-globe’ deconstruction of the failing orthodoxies shaping our modern world. From the structural drivers of ‘forever wars’ in the Middle East to a sobering analysis of the Ukraine-Russia stalemate and the undeniable rise of Chinese technological supremacy, Yanis Varoufakis and Wolfgang Munchau strip away the myths regarding China’s industrial success and Europe’s own productivity collapse, and debate whether the West’s current trajectory can be reversed or if we are witnessing a permanent shift in the global balance of power. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dismantle the narratives surrounding the closure of the Strait of Hormuz, breaking down how the resulting energy shock could trigger a permanent global recession. As the West faces systemic economic damage and a depleted military arsenal, and Russia reaps a massive financial windfall, is the West sleepwalking into a dual defeat in both Iran and Ukraine? Hosted on Acast. See acast.com/privacy for more information.

🔗 Click the following link to get tickets to 'The Econoclasts LIVE' in London on March 23rd: https://unherd.com/econoclastsliveIn this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau strip away the orthodoxies surrounding the ongoing conflict with Iran, and – via analysis of the 1953 CIA coup to the modern-day ‘Syrianisation’ of the Middle East - reveal a strategy-less West paralysed by its own deindustrialisation, dangerously dependent on China, and projecting power externally to mask a profound systemic rot at home. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau target the orthodoxy of NATO’s post-1991 expansion as well as dismantling the prevailing narrative surrounding the war in Ukraine, including the logistical delusion of a Western victory and the dereliction of duty by European leadership that risks a global escalation. Hosted on Acast. See acast.com/privacy for more information.

🔗 Click the following link to get tickets to 'The Econoclasts LIVE: Is Russia really a threat to Europe?' in London on March 23rd: https://unherd.com/econoclastsliveIn this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the geopolitical fallout of the U.S. bombing campaign against Iran, arguing that the strikes signal a definitive shift toward a "permanent war doctrine" and expose how Donald Trump has abandoned his non-interventionist promises to embrace a neocon agenda of regional destabilisation. From the erosion of European sovereignty to the strategic victories handed to China and Russia, Yanis and Wolfgang challenge the "weapons of mass destruction" pretexts of the past and analyse the high economic and human cost of a conflict that seems designed to have no end. Hosted on Acast. See acast.com/privacy for more information.

🔗Go to unherd.com/econoclastslive to get your tickets to Yanis & Wolfgang's upcoming event!In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau pull back the curtain to reveal the shifting tectonic plates of the global economy, arguing that the world’s fixation on Donald Trump’s tariffs and Supreme Court rulings is a dangerous distraction from a much more profound transformation – namely a new form of power that allows Big Tech to hold the West to ransom, and an AI revolution that will permanently dismantle the foundations of human agency, private property, and the free market. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the false orthodoxies surrounding the current state of the transatlantic relationship and the UK’s post-Brexit strategy. Pointing to Marco Rubio’s Munich speech as a signal that America has pivoted its priorities away from its security guarantee with Europe, and highlighting Keir Starmer’s attempt to seek a backdoor return to the EU through regulatory alignment, they paint a stark picture of a West in transition, where old alliances are crumbling and delusional European leaders remain unable to confront the fiscal and military realities of a changing world order. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau confront the false orthodoxies of finance and power, beginning with a deep dive into the “rigged” valuation of the SpaceX-xAI merger and toxicity of stock buybacks, before clashing over Keir Starmer’s appointment of Peter Mandelson as US Ambassador, Mandelson's links to Jeffrey Epstein, and the resignation of Morgan McSweeney as proof of a clownish and ultimately doomed political strategy. Hosted on Acast. See acast.com/privacy for more information.

Following a historic price crash for gold and silver after President Trump picked Kevin Warsh to lead the Federal Reserve, Yanis Varoufakis and Wolfgang Munchau dismantle the orthodoxies surrounding the slump and connect the dots between Warsh’s Mar-a-Lago family ties, the toxic legacy of Quantitative Easing, and the inevitable shift toward fiscal dominance, exposing why the crash is a symptom of a dying central banking era and a warning of the dollar debasement yet to come. Hosted on Acast. See acast.com/privacy for more information.

In this week’s Econoclasts, Yanis Varoufakis and Wolfgang Munchau engage in a deconstruction of multiple modern economic and geopolitical myths, from Mark Carney’s Davos speech to the shifting power dynamics between Europe and the United States. Was Carney’s much-lauded call for a new multilateral alliance actually a muddled and hypocritical attempt to revive a global order that has already ruptured? And was Europe’s “victory” over Trump with regard to Greenland actually delusional cheerleading, when the declining continent remains trapped by a deep dependency on American technology, the dollar, and security infrastructure? Hosted on Acast. See acast.com/privacy for more information.

In the week when President Donald Trump vowed to implement a wave of increasing tariffs on European allies until the United States is allowed to buy Greenland, Yanis Varoufakis and Wolfgang Munchau dissect the terminal decline of European sovereignty and the shifting pillars of the global economy. Is Europe unable to confront Trump due to its total reliance on American technology and defence? And while the U.S. and China embrace disruptive economic models to maintain their dominance, why does the EU choose to preserve a failing status quo rather than pursuing the radical political union necessary for survival? Hosted on Acast. See acast.com/privacy for more information.

In the week when the Trump administration threatened criminal charges against Federal Reserve chair Jerome Powell, Yanis Varoufakis and Wolfgang Munchau expose the high-stakes power struggle to dismantle central bank independence and privatise the U.S. dollar. Added to Bulgaria’s controversial entry into the eurozone, Yanis and Wolfgang argue that the era of technocratic consensus is dead, replaced by a volatile new age of economic ‘techno-feudalism’ where the lines between state power and private profit have finally vanished. Hosted on Acast. See acast.com/privacy for more information.

In today’s Venezuela special, Yanis Varoufakis and Wolfgang Munchau expose the reality behind the abduction of Nicolás Maduro and the dawn of a ‘Donroe Doctrine’ that signals the end of international law. As the first days of 2026 unfold, could Trump’s gangster-style intervention actually be emboldening Putin and Xi, and are Greenland and Canada truly the next targets on the list? And in a ‘Putinised’ West where European leaders remain non-entities, is this merely a regime change in Caracas, or a strategic flooding of the zone designed to shatter the transatlantic alliance and usher in a new era of transactional warfare? Hosted on Acast. See acast.com/privacy for more information.

In this special year-end edition of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect 2025 - a pivotal year and annus horribilis for the European Union in a world reshaped by a G2 power structure, where a resurgent Russia, a technologically dominant China, and a tariff-wielding Trump administration have left Europe and the UK strategically "snookered." From the collapse of international law and the death of the green transition to the rise of Cloud Capital and autonomous AI warfare, Yanis and Wolfgang shatter the comforting myths of the centrist establishment. As capitalism mutates into a predatory digital feudalism, how can we make the distinction between empirical optimism and the necessity of human hope as we enter 2026? Hosted on Acast. See acast.com/privacy for more information.

This week on a special Q&A edition of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau confront the uncomfortable truths of 2025. From the economic death trap currently paralysing German society, to why nationalist parties like the AfD are sympathetic to Putin, America’s waning interest in NATO, and BRICS’s blockchain-based new world order - Yanis and Wolfgang look back on a year in which global values were rubbished. Hosted on Acast. See acast.com/privacy for more information.

This week, Yanis Varoufakis and Wolfgang Munchau take aim at two prevailing myths: the widespread belief that Greece's recovery is a heartwarming success story—a model for debt-laden nations like Germany and the UK—and the soft centre-left idea that the EU can "go it alone" and challenge the United States politically and economically. Is Greece's success real, or just a financial illusion? And is a meaningful decoupling from a tariff-wielding America possible, or is the dream of a strategically independent Europe dead? Hosted on Acast. See acast.com/privacy for more information.

This week, Yanis Varoufakis and Wolfgang Munchau take aim at two prevailing orthodoxies. Is the explosive AI boom really a bubble, or is the technology itself forcing a non-reversible shift away from capitalism and toward a new age of Techno-Feudalism? Plus, are Trump's orders to sink Venezuelan boats and kill sailors really about a "War on Drugs," or is that just a cynical cover story when what the administration really want from Venezuela is oil? And if the term "war crime" is wrong, should these acts be called something far more chilling: extrajudicial murder?The Econoclasts is the podcast from UnHerd in which Yanis Varoufakis and Wolfgang Munchau each week pick pillars of the economic orthodoxy – so-called ‘settled facts’ – and shatter them. Why? Because, while they don’t always agree politically, they’re united in one conviction: the consensus is rotten and the establishment’s model is failing.If you have a question for Yanis and Wolfgang then now is your chance. Send us your Econoclastic questions and they'll answer them on a future episode of the show. Email your questions to us at [email protected] Hosted on Acast. See acast.com/privacy for more information.

This week, Yanis Varoufakis and Wolfgang Munchau take aim at Europe's core illusions. Are Europe's 'values' anything more than a slogan when its leaders fail to defend a French ICC judge sanctioned by the Trump administration? And why is Europe fixated on rapidly increasing defence spending to 3.5% of GDP - is this target a genuine strategy to counter Russia and achieve independence, or is it a doomed exercise that will only funnel money inefficiently and increase Europe's reliance on American arms suppliers?The Econoclasts is the podcast from UnHerd in which Yanis Varoufakis and Wolfgang Munchau each week pick pillars of the economic orthodoxy – so-called ‘settled facts’ – and shatter them. Why? Because, while they don’t always agree politically, they’re united in one conviction: the consensus is rotten and the establishment’s model is failing. Hosted on Acast. See acast.com/privacy for more information.

This week on The Econoclasts, Yanis Varoufakis and Wolfgang Munchau challenge two global orthodoxies: Europe's cynical strategy in the Ukraine war and the alleged freedom of the cryptocurrency world. Are European leaders actively frustrating any Ukraine peace plan to buy time for re-armament? And did last week’s crypto winter confirm that the digital currency universe has been taken over by an unholy alliance of Big Government and Big Finance that will guarantee future global financial chaos? Prepare to see the world's strategic priorities—from Kyiv to Bitcoin—in a new and alarming light.The Econoclasts is the podcast from UnHerd in which Yanis Varoufakis and Wolfgang Munchau each week pick pillars of the economic orthodoxy – so-called ‘settled facts’ – and shatter them. Why? Because, while they don’t always agree politically, they’re united in one conviction: the consensus is rotten and the establishment’s model is failing. Hosted on Acast. See acast.com/privacy for more information.

On this episode of The Econoclasts, in an important week for the British economy, Yanis Varoufakis and Wolfgang Munchau debate speculation over Keir Starmer’s leadership and whether political instability is now a permanent feature of Westminster - before dissecting the fatal mistake at the heart of Rachel Reeves’ budget, her reliance on economic “experts”, and why Reeves is paralysed by a crisis of her own choosing. Hosted on Acast. See acast.com/privacy for more information.

This week on The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk two more establishment orthodoxies. First, Wolfgang challenges the widespread belief that the euro is a safe and permanent currency and investigates the deep structural flaws that were never fixed, exploring whether a new political shock in a major country like France could be the trigger that finally unravels the entire project. Next, Yanis shatters the foundational myth that capitalism is synonymous with free markets, exploring the cozy relationship between big business and the state, and questioning whether the 'free market' is just an ideological smokescreen. Is the system secretly designed to secure monopoly power, and will AI be a force for true competition, or will it be the ultimate weapon for existing tech giants to solidify their control forever? Hosted on Acast. See acast.com/privacy for more information.

This week on The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk two more establishment orthodoxies. First, Yanis challenges the widespread belief that China is actively trying to dethrone the US dollar as the world's reserve currency, arguing that while Beijing wants independence from US sanction power, it is strongly opposed to the idea of taking on the burden of the reserve currency. And second, Wolfgang debunks the "cordon sanitaire", or "firewall" orthodoxy that European centrist parties must never form coalitions with the far-Right, exposing how this failed tactic forces centrists into permanent coalitions that deliver only stagnation and ultimately guarantees the rise of far-Right parties Hosted on Acast. See acast.com/privacy for more information.

In this first episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk two failed economic orthodoxies shaping our world. First, they dismantle the narrative that Europe is helping Ukraine - and striking a powerful blow against Russia - by raiding Russia’s frozen assets. More than this being legally questionable, is it also economically and geopolitically self-defeating? Next, they expose the "battle" between central banks and anti-establishment crypto rebels as a false choice, revealing it as a dangerous illusion that serves the powerful. Far from being revolutionary, are stablecoins turbo-charging financial instability for the next global crash? Hosted on Acast. See acast.com/privacy for more information.

The Econoclasts is a new podcast from UnHerd hosted by economist Yanis Varoufakis and journalist Wolfgang Munchau. While they don't always agree politically, they are united in one conviction: the consensus is rotten. Mainstream economics has consistently failed to predict the events that shape our world, yet this broken orthodoxy still dominates policy and media. Each week, they choose two pillars of the established orthodoxy — the "settled facts" — and shatter them, cutting through the spin to connect the dots between money, geopolitics, and the real forces shaping our future.Don't forget to rate, like and subscribe wherever you get your podcasts. Hosted on Acast. See acast.com/privacy for more information.

This week, Tom and Helen follow on from the previous episode by analysing Donald Trump's response to the multipolar world and its implications, especially for Europe. They dive into Trump's clear actions towards Russia, the complications with China, the broader strategic shifts, European interests, NATO's current state, and rising geopolitical tensions involving Turkey. Hosted on Acast. See acast.com/privacy for more information.

In this week's episode, Tom and Helen zoom out to look at the wider geopolitical world order coming into being in the midst of Donald Trump's second term, and whether American acceptance of a multipolar world is the key thread in Trump's geopolitical ambitions. Hosted on Acast. See acast.com/privacy for more information.

This week, Tom and Helen discuss the growing American debt crisis and whether Donald Trump's bold political moves can be understood as a response to this escalating financial challenge. Hosted on Acast. See acast.com/privacy for more information.

This week, Tom and Helen discuss the growing focus on the US-Ukraine minerals deal and its potential impact on intelligence sharing and arms supplies. They also explore whether the war in Ukraine has evolved into a battle over resources amid rising global geopolitical tensions. Hosted on Acast. See acast.com/privacy for more information.

This week, Tom and Helen discuss the recent whirlwind of political events: Keir Starmer's meeting with Donald Trump after announcing a boost in British defense spending, Volodymyr Zelensky’s fiery Oval Office press conference, and European leaders’ efforts to draft a peace plan for presentation to the U.S. Hosted on Acast. See acast.com/privacy for more information.

This week, Tom and Helen discuss the aftermath of Germany's election, where the Christian Democrats won but with their second-lowest vote tally ever. They explore what these results mean for the future of European politics and the shifting dynamics of Europe’s relationship with the United States. Hosted on Acast. See acast.com/privacy for more information.

This week Tom and Helen discuss the impact that peace talks with Russia might have on the United States security commitment to Europe. Hosted on Acast. See acast.com/privacy for more information.

In this episode of These Times, Tom and Helen discuss the deep history behind Trump's latest round of tariffs on China, Mexico and Canada; how the US has used tariffs throughout history, how protectionism shifted between the Democratic and Republican parties, and what it all means for global politics. Hosted on Acast. See acast.com/privacy for more information.

Following on from the previous episode, this week, Tom and Helen expand even further on the topic of Europe and its dependance on the United States. Hosted on Acast. See acast.com/privacy for more information.

This week, Tom and Helen discuss what Donald Trump's presidency means for Europe, historically, after his revealing first week in office. Hosted on Acast. See acast.com/privacy for more information.

This week, Tom and Helen delve into Joe Biden's farewell address, why he warned of a new tech oligarchy and the possible new epoch in American politics. Hosted on Acast. See acast.com/privacy for more information.

This week, Tom and Helen delve into Donald Trump's open attempt to annex Greenland, retake the Panama Canal, and seduce Canada into joining the United States. Hosted on Acast. See acast.com/privacy for more information.

For the first episode of 2025, Tom and Helen take a deep dive into the life and worldview of the world's richest man; who is Elon Musk, what does he believe - and what does he want? Hosted on Acast. See acast.com/privacy for more information.

On the final episode of the year, Tom and Helen reflect on the events of 2024 and how they may effect the geopolitical future. Hosted on Acast. See acast.com/privacy for more information.

For our Christmas special episode Tom and Helen take a look back at the state of British politics this year and ask the question - Is British politics unravelling? Hosted on Acast. See acast.com/privacy for more information.

This week Tom and Helen return to the extraordinary situation in Syria and question whether it's really possible to have a unified Syrian state. Hosted on Acast. See acast.com/privacy for more information.

Following the collapse of the French government, Tom and Helen discuss the Franco-German crisis in the new age of Trump. Hosted on Acast. See acast.com/privacy for more information.

The Economist's Defence Editor Shashank Joshi joins Tom and Helen for an early episode this week to discuss how the Assad regime fell so rapidly and what this means for Syria and the world. Hosted on Acast. See acast.com/privacy for more information.

This week on the podcast Helen and Tom explore why Keir Starmer's government has come so far adrift so quickly and what this means for the future of British politics. Hosted on Acast. See acast.com/privacy for more information.