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”.
Trump’s delight in doing whatever he wishes in the moment is incompatible with stability and sustained dynamism
The situation is dire and only active policymaking is going to make a difference
The former BoE governor says ‘groupthink’ was an issue
As tariffs escalate, FT specialists recommend titles that explain the forces and ideas shaping trade policy in recent decades, including President Trump’s trade war
The trade deficits will remain roughly unchanged — the globe will just end up poorer
Policymakers in Beijing believe they will benefit from the destruction of America’s global credibility
The government must embark on a much more radical programme of structural reforms
With developed economies around the world loaded up with debt, at what point does the bond market break?
How do technocrats expect the needed macroeconomic adjustments to occur?
The US president wants both to protect domestic manufacturing and hold the dollar as the reserve currency
The government needs to view the hard times coming upon us as an opportunity, as well as a crisis
The continent is an economic superpower but it now has to mobilise in defence of democracy
The property crash and trade war are taking their toll
America is trying to undo the very system of open trade that it created
China, not the US, may be the key to tackling climate change
Spending on defence will need to rise substantially if the UK is to meet the challenges it faces
Washington has decided to abandon both Ukraine and its postwar role in the world
Is technology making tariffs redundant?
A complex society is best served by a competent, professional and neutral public service
Without resources, they will be grossly unprepared for the difficult business of governing
Until now, the US has been a strikingly benign and successful hegemon
An inconsistent US is an unreliable partner — it’s that simple
Britain is in a hole and the government is right to try to dig it out
The impact of artificial intelligence on productivity could be epoch-making
Can India’s economy maintain rapid growth, or is it about to come unstuck?