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A new world is possible.
Let's not go back to what wasn't working anyway.
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”.
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Stagflation would create devastating problems for weaker borrowers, notably heavily indebted emerging economies.
Large, diversified CDC funds will allow generations to protect each other
Money must adapt to an era of new technology— but it has to work for society as a whole
Martin Wolf introduces the winners of the competition celebrating the club’s 200th anniversary
On its 200th anniversary, the club asked how the ideas of Malthus and Ricardo apply to climate change and income today
Lack of a truly global response to the pandemic augurs badly for common action on climate change
Their massive long-term outperformance occurred despite world wars, the Depression and the global financial crisis
The realities of relative power mean the UK and EU are — and will remain — far from equals
But the necessary structural reforms will be harder than many economists imagine
Misguided policies threaten the security in retirement of almost everyone working in the UK private sector
The principal threats to western values come not from China but from inside our own societies
Martin Wolf selects his best mid-year reads
What are the next steps after the summit
America’s economy suffers from inequality and poor labour performance but this is not due to global trade
Existing defined benefit pension funds should be consolidated and opened to a new generation of savers
Martin Wolf on Philippe Aghion and collaborators’ defence of capitalism and the need for regulation and a social safety net
And that will be bad news for the rest of the world economy as it recovers from the pandemic
High-income states can help by lending on their IMF special drawing rights
Failure to address multiple challenges facing the country will result in national decline
This is a global war but bold action on vaccines gives our governments the opportunity to win it
Both monetary and fiscal policy are, by historical standards, wildly expansionary
The idea that we have no land left for houses is absurd. We should base policy on demand, not “need”
As Donald Trump’s grip on the Republican party tightens, Joe Biden is playing for huge stakes — and he knows it
If the COP26 summit is to be the decisive moment it should be, three things must be done
Government should get to work on a credible plan for taxing emissions