Yanis Varoufakis, the game theorist turned finance minister of Greece, seems outnumbered and outmaneuvered in his 18-against-one fight with other European governments over the country’s future in the euro bloc. Yet Varoufakis still has some powerful cards to play in the brinkmanship he is enacting over the terms for an extension of Greece’s bailout package from the European Union. Read the latest on Greece. One of them concerns the possible use of capital controls, which could be introduced to protect money seeping abroad if Greek banks face further deposit withdrawals as a result of speculation that the country will ... (full story)