John Milios

John Milios

Γιάννης Μηλιός

Chief Economic Adviser for Syriza

In office
2012 – March 2015

Alexis Tsipras

Succeeded by
Alekos Kalyvis

Personal details

1952 (1952) (age 65)
Athens, Greece

Political party

Alma mater
TU Darmstadt
University of Osnabrück
NTU Athens


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]


1 Early life and education
2 Political career
3 Economic position

3.1 Marxian theory

4 Main publications in English
5 See also
6 References
7 External links

Early life and education[edit]
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[edit]
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[edit]
Marxian theory[edit]
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 o