Resources
Download this reportThe FT’s year in Finance
Inside this issue
• The financial crisis has highlighted with painful clarity just how dangerous tunnel vision can be
• All the main policies are being reversed but is the Thatcher era really over? - -
Content
World counts true cost of the rescue
Economic theories and public purses are both looking rather bare, writes Lionel Barber
Balance of risk: Do not ignore the need for financial reform
Regulators may have to invent new tools – or revive disused ones, says George Soros
Economic theory: How to rebuild a newly shamed subject
Economics has no more clothes than any other social science, writes Robert Skidelsky
Capitalism: Cold war victory was a start and an end
The end of the Soviet era felled an ideology. This financial crisis will not, says Martin Wolf
Thatcherism: The closing of the Thatcher era
All the signature policies are being reversed, says Gideon Rachman
Financial sector: Narrow banking alone is not the answer
If tighter regulation fails we will need to be really radical, writes Martin Wolf
Banking: Goldman Sachs should be allowed to fail
The Fed-regulated investment bank’s status is untenable, writes John Gapper
Financial sector: ‘Too big to fail’ is too dumb to keep
Trying to prevent failures is itself doomed to failure, says John Kay
The lessons: A Lehman deal would not have saved us
Niall Ferguson explores alternative outcomes from the collapse of the US investment bank
The lessons: The dangers of silo thinking
Cultural translators are needed if we are to avoid missing important clues, says Gillian Tett
