John Milios

John Milios
Γιάννης Μηλιός
Chief Economic Adviser for Syriza
In office
2012  March 2015
Leader Alexis Tsipras
Succeeded by Alekos Kalyvis
Personal details
Born 1952 (1952) (age 64)
Athens, Greece
Political party SYRIZA
Alma mater TU Darmstadt
University of Osnabrück
NTU Athens
Website http://users.ntua.gr/jmilios/en/index.html

John Milios (Greek: Γιάννης Μηλιός, Greek pronunciation: [ˌʝanis miˈʎos]; born 1952) is a Greek social scientist and Marxian economics scholar. He is Professor of Political Economy and the History of Economic Thought at the National Technical University of Athens. An author of several scholarly books, Milios is also director of the quarterly journal of economic theory Thesseis.

He was chief economic advisor of the Greek leftist party SYRIZA until March 2015.[1]

Early life and education

John Milios was born 1952 in Athens[2] as the son of a lawyer and a dentist.[1] Having attended the prestigious Athens College, he graduated in the same class with former prime minister George Papandreou,[1] before studying Mechanical Engineering at TU Darmstadt, Germany, and Athens, where he received his Ph.D. in 1981.

During his studies, Milios became interested in political economics, founding the quarterly journal of economic theory Theseis in 1982. In 1988, he received his second Ph.D. in Social and Economic Studies at University of Osnabrück, Germany.[3]

Political career

Since at least 2012[4] until March 2015 he was the chief economic adviser to Syriza.[5] Syriza leader Alexis Tsipras leads a coalition government (Cabinet Tsipras) since the election on 25 January 2015.[1] In February, Milios proposed a scheme to kick start struggling European economies. It involved the European Central Bank buying debt from Euro zone countries. It would hold the debt until the countries Gross domestic product (GDP) rose to five times its value.[6] ("GDP-linked bond") Milios had proposed similar ideas in 2014.[7]

Economic position

Marxian theory

Regarding the Marxian concept of value-form, Milios argues for a monetary theory of value, where "Money is the necessary form of appearance of value (and of capital) in the sense that prices constitute the only form of appearance of the value of commodities."[8]

Milios has authored more than two hundred papers published or forthcoming in refereed journals (in Greek, English, German, French, Spanish, Portuguese, Italian and Turkish) and has authored or co-authored more than ten scholarly books on marxist theory.

Main publications in English

See also

References

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  1. 1 2 3 4 5 6 Smith, Helena (2014-12-23). "Syriza's chief economist plots a radical Greek evolution within the eurozone". The Guardian. Retrieved 2015-01-12.
  2. Βιογραφικό [Biography]. National Book Centre of Greece (in Greek). Retrieved 2015-01-12.
  3. "Curriculum vitae". Homepage of John Milios. Retrieved 2015-01-12.
  4. BBC: 31 May 2012
  5. "John Milios abgelöst: Syriza schasst Chefökonom". Spiegel Online. 2015-03-20. Retrieved 2015-08-13.
  6. 1 2 3 4 "Greece's Syriza sees ECB role in cutting euro zone debt overhang". Reuters. Retrieved 6 March 2015.
  7. TOGETHER , we can put an end to the problems of debt and austerity in Europe! speech, 12 April 2014
  8. Milios, John (2003). "Marx's Value Theory Revisited. A 'Value-form' Approach." (PDF). Proceedings of the Seventh International Conference in Economics (PDF). Ankara: METU. p. 9. Retrieved 2015-01-12.
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