Migration cannot decide UK’s place in EU

A dynamic economy can gain from importing people who both want to work and have the skills to do so

James Ferguson cartoon depicting Brexit
©James Ferguson

Arguments for leaving the EU do not add up

The top 10 points in favour of an exit and how to rebut them

James Ferguson illustration

Britain’s friends right to fear Brexit

Despite absurd attempts to deny this, nobody knows what would follow a vote to leave the EU

HM Treasury on Whitehall for UK News.
©Charlie Bibby

The public sector needs to do a better job

Professional management might raise an extra income of $2.7tn annually

The outskirts of Shanghai
©Daniel Traub

‘Global Inequality’, by Branko Milanovic

Global income inequality is falling — but widening disparities within nations present huge challenges

James Ferguson illustration
©James Ferguson

Negative rates are a symptom of our ills

It is hard to understand the obsession with limiting public debt when it is as cheap as it is today

©James Ferguson

Why fossil fuel plants will be left stranded

Far from having years to work out how to curb the risks of climate change, we face a moment of truth

Piggy Bank Series ID 22251200 © Andrew Parfenov | Dreamstime.com
©Andrew Parfenov/Dreamstime

The welfare state is a piggy bank for life

Distribution of income over lifetimes matters at least as much as among individuals

©James Ferguson

China’s challenge for the world economy

The country is systemically important and suffers high and rising corporate indebtedness

Mandarin duck
©James Ferguson

China’s struggle for a new normal

Beijing seems strangely indecisive on the economy and yet increasingly authoritarian in politics

The age of uncertainty is upon us

How are we to manage public finances if the economy does not return to pre-crisis trends?

The chancellor is in traps of his devising

Fiscal gimmicks make it almost impossible to tell what he is doing to the economy

India is a light in gloomy world economy

The country has shifted from socialism with restricted entry to capitalism without exit

Good news — fintech could disrupt finance

Banking is currently inefficient, costly and riddled with conflicts

A wish to cut UK spending makes no sense

Ignoring the private sector could increase risks to the British economy

How great republics meet their end

The Americans will have to decide what sort of person they want to put in the White House

Helicopter drops might not be far away

No simple solutions for the global economic imbalances of today exist, only palliatives

Running a uni is not like selling beans

It does not make obvious sense to view higher education as a business

Banks are still the weak links

A slowdown is more likely than a crisis but the sector is exposed

Battle over Brexit matters to the world

UK needs a voice in Europe and the bloc would benefit too


Martin Wolf 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.

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