While the rating tells you how good a book is according to our two core criteria, it says nothing about its particular defining features. Therefore, we use a set of 20 qualities to characterize each book by its strengths:
Applicable – You’ll get advice that can be directly applied in the workplace or in everyday situations.
Analytical – You’ll understand the inner workings of the subject matter.
Background – You’ll get contextual knowledge as a frame for informed action or analysis.
Bold – You’ll find arguments that may break with predominant views.
Comprehensive – You’ll find every aspect of the subject matter covered.
Concrete Examples – You’ll get practical advice illustrated with examples of real-world applications or anecdotes.
Controversial – You’ll be confronted with strongly debated opinions.
Eloquent – You’ll enjoy a masterfully written or presented text.
Engaging – You’ll read or watch this all the way through the end.
Eye opening – You’ll be offered highly surprising insights.
For beginners – You’ll find this to be a good primer if you’re a learner with little or no prior experience/knowledge.
For experts – You’ll get the higher-level knowledge/instructions you need as an expert.
Hot Topic – You’ll find yourself in the middle of a highly debated issue.
Innovative – You can expect some truly fresh ideas and insights on brand-new products or trends.
Insider’s take – You’ll have the privilege of learning from someone who knows her or his topic inside-out.
Inspiring – You’ll want to put into practice what you’ve read immediately.
Overview – You’ll get a broad treatment of the subject matter, mentioning all its major aspects.
Scientific – You’ll get facts and figures grounded in scientific research.
Visionary – You’ll get a glimpse of the future and what it might mean for you.
Well structured – You’ll find this to be particularly well organized to support its reception or application.
Yanis Varoufakis was a controversial figure as Greece’s finance minister in 2015. But he is also an economics professor, and it shows in this analysis. He describes the history, workings and fault lines of the international economic system, as he places recent euro issues in a historical context. As the euro zone shows, a common currency accelerates bank lending from countries with a trade surplus to their deficit neighbors. Such flows can fund booms, but major financial shocks can deflate borrower nations’ economies. That puts Greece’s predicament at the heart of Europe’s crisis, Varoufakis says. His academic analysis reads like a John le Carré spy novel with a cast of post-WWII government and financial institution leaders trying to outwit each other. The narrative goes back and forth in time and over geographic locations. The book is worthwhile, but intense and detailed. While always politically neutral, getAbstract recommends the author’s strong arguments and articulate economic points to those who want to understand the different viewpoints affecting Europe.
About the Author
Yanis Varoufakis is a professor of economics at the University of Athens. He is best known as the former Greek finance minister who outspokenly fought the EU’s austerity policies in 2015.