The social inefficiency of capitalism is going to clash at some point with the technological innovations capitalism engenders, and it is out of that contradiction that a more efficient way of organising production and distribution and culture will emerge.

My hope that Thatcher would inadvertently bring about a new political revolution was well and truly bogus. All that sprang out of Thatcherism were extreme financialisation, the triumph of the shopping mall over the corner store, the fetishisation of housing and Tony Blair.

Even though I resigned as Papandreou's adviser early in 2006 and turned into his government's staunchest critic during his mishandling of the post-2009 Greek implosion, my public interventions in the debate on Greece and Europe have carried no whiff of Marxism.

The euro is a hybrid of a fixed exchange-rate regime, like the 1980s ERM or the 1930s gold standard, and a state currency.

There should not be an entitlement that because you get paid the most money, that you should finish every game. But if you don't do it, then the agents are going to call, and the players are going to mope, and so you negotiate that. It's a compromise as a coach.

Going through chemo is like investing money in a retirement account. You feel the hit right now, but later in life you get to reap the benefits - by still being alive.

Quite frankly, the financial community has to improve its image. The financial community has to be much more transparent than it is.

There is no question that managed care is managed cost, and the idea is that you can save a lot of money and make health care costs less if you ration it.