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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.

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Hosted on Acast. See acast.com/privacy for more information.

Copyright: © Copyright 2022 UnHerd Limited

Latest Episodes:

Trump’s Russian diesel deal & France’s fatal debt collapse Oct 13, 2026

Show notes

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect Trump’s Russian diesel deal to expose the collapse of Western unity, while debunking the myth of French fiscal incompetence to reveal why France’s €3.6 trillion debt crisis is a structurally inevitable flaw of the euro.

Hosted on Acast. See acast.com/privacy for more information.

France’s fiscal crisis & Europe's dangerous war fever Oct 06, 2026

Show notes

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the gathering financial and political storm in France, expose the self-defeating mechanics of European austerity, and reveal the dangerous escalation of 'war fever' across the continent, where hybrid-war narratives and NATO-Russia tensions threaten to drag an economically fragile, unprepared Europe into a devastating pre-1914 style conflict.

Hosted on Acast. See acast.com/privacy for more information.

Europe's pre-war madness & the reindustrialisation myth Sep 29, 2026

Show notes

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the escalating geopolitical tensions between Western powers, Russia, and China, expose the dangerous anti-diplomacy bias within mainstream media and centrist political establishments that pushes Europe toward a pre-war posture, and debunk the political myth that military Keynesianism and factory-focused reindustrialisation can restore high-paying blue-collar jobs in an automated age.

Hosted on Acast. See acast.com/privacy for more information.

Germany’s political meltdown & how the Left betrayed Europe Sep 22, 2026

Show notes

In this episode of The Econoclasts, Yanis Varoufakis and Wolfgang Munchau dissect the systemic breakdown of German centrist politics, reveal the uncomfortable truth about Europe’s total lack of defence sovereignty under US hegemony, and debunk the conventional political narrative by exposing how the centre-Left bears primary responsibility for the continent’s long-term deindustrialisation and geopolitical decline.

Hosted on Acast. See acast.com/privacy for more information.

The AI extinction myth & Europe’s tech collapse Sep 15, 2026

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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.

Hosted on Acast. See acast.com/privacy for more information.

Germany's AfD surge & the death of the European project Sep 08, 2026

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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 ethnonationalism.

Hosted on Acast. See acast.com/privacy for more information.

Iceland's EU rejection & the North Atlantic debt trap Sep 01, 2026

Show notes

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 investment or simply feed a stagnant ‘rent trap.’

Hosted on Acast. See acast.com/privacy for more information.

America’s debt spiral & China’s big AI bet Aug 25, 2026

Show notes

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.

Hosted on Acast. See acast.com/privacy for more information.

The decline of the US empire - with Richard D. Wolff Aug 18, 2026

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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.

Hosted on Acast. See acast.com/privacy for more information.

The wealth tax myth & Britain’s dangerous Rejoin trap Aug 11, 2026

Show notes

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.

Hosted on Acast. See acast.com/privacy for more information.

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