The Econoclasts

The Econoclasts

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.

Episodes

September 15, 2026 45 mins
In this AI focussed episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau expose the recent apocalyptic warnings from tech bosses as tricks for regulatory capture, reveal how weaponised AI and China’s robotic lead threaten stability, and dissect Europe’s failure to retain sovereignty in an era of cloud capital.

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the political fallout from the AfD’s electoral breakthrough in Germany, debunk the establishment myth of how Hitler came to power in order to draw alarming parallels to what is happening with the AfD today, and reveal why the European Union’s current structure is inherently incapable of preventing systemic decay and the rise of ethnonation...

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Get your tickets for The Econoclasts Live: The world after capitalism, here: http://unherd.com/econoclastslive


In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the fallout of Iceland’s historic referendum vote to reject European Union accession talks, reveal the widening cracks in the transatlantic financial consensus, and debate whether a European capital markets union can revive investmen...

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the mainstream economic orthodoxy that reserve currency status grants America immunity from default, exposing how the US is heading towards an uncontrollable sovereign debt spiral, while exploring how China is pursuing an alternative path to escape economic stagnation through state-directed open-source automation.

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In this episode of The Econoclasts, Yanis Varoufakis and guest Richard D. Wolff analyse the decline of US imperial hegemony, tracing how eroding global power, systemic economic instability, and the rollback of social democratic reforms have fuelled widespread political alienation, while offering a critical critique of mainstream economic theory and exploring the potential for a renewed socialist movement in America.

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk dominant economic orthodoxies surrounding wealth taxes as a quick-fix silver bullet for inequality, expose how central bank policies and globalisation are stripping nation-states of their democratic sovereignty, and reveal the grim economic stagnation, debt, and regulatory traps awaiting the UK should it attempt to rejoin the European Union.

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In this episode of The Econoclasts, Yanis Varoufakis and guest Representative Ron Paul join forces across the traditional Left-Right political spectrum to debunk the conventional economic orthodoxy of central banking, expose the covert tax of inflationary money printing, reveal how post-2008 financial bailouts transformed free-market capitalism into a system of corporate welfare, and dissect the collusion between big tech algorithm...

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau reveal the hidden macroeconomic realities behind China’s ongoing growth recession and local debt crisis, and expose how decades of central bank bailouts and Quantitative Easing have fuelled an inflated wealth bubble that leaves a fragile Western financial system dangerously vulnerable and dependent on US asset inflation.

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the political delusions stalling Western growth, debunking the idea that state investment alone can revive the UK, exposing Europe’s dangerous tech gap behind America and China, and revealing how flawed economic data hides declining US living standards.

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the establishment’s self-defeating 'lawfare' strategy against rising right-wing populists like Marine Le Pen, and Nigel Farage, while debunking the myth that capitalism is synonymous with free markets by contrasting Western state-protected monopolies like SpaceX with China’s highly competitive, state-guided economic model.

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In this episode ofThe Econoclasts, Yanis Varoufakis and Wolfgang Munchau analyse the structural decay of American hegemony at its 250-year milestone, while exposing the corporate and political motivations behind the media's distorted Ukraine war narrative used to justify a domestic defence heist funded by ballooning public debt.

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the popular orthodoxy surrounding Brexit, exposing the phoney statistics used to fabricate a narrative of British macroeconomic self-harm, while dissecting the existential reality of Germany's inevitable structural collapse through its automakers' loss of the critical AI and EV race to China.

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the fallout of Keir Starmer’s resignation to expose a broader Western leadership crisis, before debunking the myth of the free market to reveal the hidden corporate swindle rigging European electricity prices - a systemic failure that is not only driving up consumer bills but starving the continent of the energy capacity needed to compete with t...

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau expose the dangerous flaws of a newly hyped Trump-Iran pre-deal, reveal how Europe's aggressive shift toward wasteful defence spending is a delusion built on exaggerated threats, and uncover a widening technological chasm where aggressive US nationalist regulations and a stagnant European mindset are combining to leave the West severely outpaced by China&rsqu...

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk conventional wisdom by analysing Germany’s shocking UN Security Council voting failure as a symptom of its diplomatic hubris and international unpopularity, while tearing down the illusion of British sovereignty to reveal how the United Kingdom has become a financial vassal completely trapped by its dependence on leveraged American capital.


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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the delusions surrounding artificial intelligence by examining how its recent ability to solve complex mathematical problems signals a massive structural threat to the global labour market, while warning against the transhumanist endgame of 'Techlord' Silicon Valley elites like Elon Musk and Peter Thiel, who view Homo sapiens as mere primitive hardware...

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the mainstream economic orthodoxies surrounding Europe's aggressive tariff strategy against China while simultaneously warning that the rise of AI and Big Tech is not the future of market capitalism but rather its death knell, as centralised platforms trap society in a new era of techno-feudalism.

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In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau debunk the mainstream narratives around Donald Trump’s recent Beijing summit, reveal how the West’s geopolitical delusions disadvantage it in a new cold war with China, and expose the flawed economic strategy of Manchester Mayor Andy Burnham as he attempts to replace a failing Keir Starmer.

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🔗Get your tickets for The Econoclasts Live with Hasan Piker here: http://unherd.com/econoclastslive


In 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 enric...

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🔗Get your tickets for The Econoclasts Live with Hasan Piker here: http://unherd.com/econoclastslive


In 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 th...

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