&gt;Also, Varoufakis is criticizing &quot;macroeconomic models taught at the best universities&quot;. Keynesian economics has been taught at universities for nearly 100 years.<p>That still doesn&#x27;t make the models he was actually describing any more Keynesian.<p>It it taught, although it has fallen out of favor somewhat. The preferred school for teaching these days is neoclassical, which is the school he was criticizing.<p>Keynesian != Neoclassical<p>Just in case you didn&#x27;t get it the other 11 times, he <i>wasn&#x27;t talking about Keynesian economics</i>.