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The battle over the public finances will define Britain
The case for achieving an overall fiscal surplus in the next parliament is not overwhelming
A political chancellor’s delusional plan
The economic priority for the UK was never fiscal austerity; it was securing growth
- Editorial Cuts alone may not deliver fiscal goal
- Jonathan Guthrie A flash of 1980s style
Two cheers for sharp falls in oil prices
Abundant supply threatens to make economies more carbon intensive and less energy efficient
UK should not leave EU over immigration
Hard-working, ambitious people speaking a multitude of languages should surely be welcome
Radical cures for unusual economic ills
The crisis left a grim legacy, and the answers are likely to be unorthodox
- Mark Mazower The nation state strikes back
- Gavyn Davies Mix turns more growth friendly
The curse of weak global demand
Feeble economic performance has occurred despite the most aggressive monetary policies
Prepare for the worst on productivity
The poor performance poses challenges to politicians, policy makers and business
An unethical bet in the climate casino
Election result may bury what little hope remains of getting to grips with risks of climate change
Warnings from Japan for the eurozone
Europe has been unwilling to address the structural excess savings of creditor countries
Public finance is both a moral and a technical challenge
The UK faces a harsh choice, because the economy is roughly a sixth smaller than expected
Europe’s banks too feeble to spur growth
One doubts whether the capital in eurozone institutions is enough to drive the economy forward
Reform alone is no solution for eurozone
A policy that may work for Germany alone cannot work for an economy more than three times as big
UK fiscal policy has no simple rules
Targeting a budget balance, while borrowing for infrastructure investment, is reasonable
World can do better than ‘new mediocre’
We must launch well-crafted reforms in both emerging and high-income economies
An extraordinary state of ‘managed depression’
In the eurozone, more action is needed if a widely shared and successful recovery is to be achieved
Trapped in a cycle of credit booms
The eurozone seems to be waiting for the Godot of global demand to float it off into debt sustainability
ABOUT MARTIN
Martin Wolf is chief economics commentator at the Financial Times, London. He was awarded the CBE (Commander of the British Empire) in 2000 “for services to financial journalism”. Mr Wolf is an honorary fellow of Nuffield College, Oxford, honorary fellow of Corpus Christi College, Oxford University, an honorary fellow of the Oxford Institute for Economic Policy (Oxonia) and an honorary professor at the University of Nottingham.
He has been a forum fellow at the annual meeting of the World Economic Forum in Davos since 1999 and a member of its International Media Council since 2006. He was made a Doctor of Letters, honoris causa, by Nottingham University in July 2006. He was made a Doctor of Science (Economics) of London University, honoris causa, by the London School of Economics in December 2006. He was a member of the UK government's Independent Commission on Banking in 2010-2011. Martin's most recent publications are Why Globalization Works and Fixing Global Finance. E-mail Martin Wolf
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