Martin Wolf on the power of vested interests in today’s rent-extracting economy

The US president is hostile to the core values the country used to stand for

While Jeremy Corbyn worries me, it is easy to see the case for radical reform

The question remains whether other countries should box back in retaliation 

The president has broken with seven decades of US foreign policy

Claims that leaving the EU will boost growth rest on questionable assumptions

How do you organise a society in which few people do anything economically productive?

In addition to feeble productivity growth, Italy has a large competitiveness handicap

Britain and the EU may swerve towards a mutually beneficial, but politically hard, deal

Improvement in living standards depends almost entirely on rising output per worker

A radical rethink of the financial system was essential after a devastating crisis

Political cowardice obstructs solution as the population ages and costs increase

Catching up with US will depend on continued ‘opening up’ and avoiding big upheavals

Preserving peaceful relations in an era of rapid shifts in relative power is tough  

If it were to crash out of the single currency and default, the damage would be huge

Pitting young against old conceals the policy areas where the UK has messed up

Advanced countries are hobbled by their inability to manage their own affairs

No sovereign power could accept the humiliating demands being made by the US