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

Greece’s doom loop & why Europe can’t stand up to Trump

December 16, 2025 • 44 mins

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 tari...

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The AI bubble myth & the truth about Trump’s Venezuela attacks

December 9, 2025 • 40 mins

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 ...

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Europe’s identity crisis: Empty values & defence delusion

December 2, 2025 • 38 mins

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...

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Trump’s Ukraine peace plan & the truth about the crypto crash

November 25, 2025 • 36 mins

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 ...

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Should Labour sack Starmer & will Reeves bankrupt Britain?

November 18, 2025 • 40 mins

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.

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Palantir's secret pact & the Euro's fatal flaw

November 11, 2025 • 47 mins

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 fou...

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China vs. the dollar & Europe's far-Right failure

November 4, 2025 • 45 mins

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 "c...

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Should Europe seize Russian assets? Is a crypto crisis looming?

October 28, 2025 • 47 mins

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 centra...

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Trailer: The Econoclasts

October 24, 2025 • 53 secs

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These Times - Trump: the Multipolar President?

March 31, 2025 • 53 mins

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.

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These Times - The rise of the multipolar world order

March 24, 2025 • 59 mins

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.