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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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Martin Wolf reviews two important new books on Trump, strongmen leaders and the most disturbing political development of our times
Huge fiscal challenges await the UK due to rising public debt
If we wish to avoid a political breakdown we should not seek to suppress markets, but instead temper their gales
An administration that cannot govern makes a stark contrast with China
Covid-19 could transform western societies. But without a stable middle class, the state risks succumbing to plutocracy.
Martin Wolf on how Covid-19 could transform western societies
Rishi Sunak should not succumb to premature fiscal retrenchment
Leaders should now be asking how we create the strongest feasible recovery
Protectionism in a crisis only concentrates risk domestically and diminishes economies of scale
Martin Wolf selects his best mid-year reads
A new book looks at why global conflicts owe more to divisions within countries than between them
Scale of the forecast economic decline reflects the failure to manage the pandemic effectively
The society that will emerge will probably be even less co-operative and effective
The permanence of the losses caused by the pandemic depends on the size of the scars
The UK entered the lockdown too late and is now leaving too early
A radical plan from Germany and France transforms Europe’s possibilities
The world has been here before and knows that superpower rivalry only brings ruin
Who makes the guest list for the FT chief economics commentator’s dream meal?
The wisest thing to do would be to reach a comprehensive free trade agreement with the EU
Governments should finance their debt at today’s ultra-cheap rates with the longest possible maturities
What will the world look like when the epidemic is over?
Future historians may mark this as the decisive turning point in Europe’s history towards disintegration
It seems foolish to imagine the UK will swiftly return to life as it was before Covid-19
The rich will benefit if we create sustainable demand with less household borrowing
This time it is capital markets, rather than banks, that have to reform