Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
myFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • Americas
    • Middle East and North Africa
    Most Read
    • US launches air strikes against Iran-linked militias in Syria
    • Why global Covid infections have plummeted
    • ‘Their hair is on fire’: Trump fans await return to political stage
    • Scotland reaps dividend of Covid response that diverged from England’s
    • US removes stumbling block to global deal on digital tax
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Nasdaq slides 3.5% as government bond rout accelerates
    • US launches air strikes against Iran-linked militias in Syria
    • Yuval Noah Harari: Lessons from a year of Covid | Free to read
    • Treasury yields fall after savage bond sell-off abates
    • Why global Covid infections have plummeted
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • McKinsey partners sacrifice leader in ‘ritual cleansing’
    • Amanda Staveley loses High Court battle against Barclays
    • Head of Canada’s largest pension fund quits after Covid vaccine trip
    • Jeff Immelt shares out blame for GE’s decline
    • Soho House plans to list in New York with $3bn valuation
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    Most Read
    • Treasury yields fall after savage bond sell-off abates
    • ECB signals rising concern about eurozone bond market sell-off
    • Australia sovereign wealth fund chief warns of stock market ‘clean-out’
    • When bitcoin bros* talk money-printing
    • Return of the bond vigilantes: will inflation fears spoil the post-pandemic party?
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • A Lucid sign of the tech bubble
    • Joe Biden has a lesson in democracy for Angela Merkel
    • Jay-Z created a hip-hop path to luxury influence
    • Let the market determine bitcoin’s value
    • Budget 2021: the knowns and unknowns
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • Leaders’ Lessons: what can we learn from those at the top?
    • The unsettling internal threat to McKinsey’s next leader
    • Forced mediocrity can boost your creativity
    • Delta’s Ed Bastian: building staff loyalty to survive a crisis
    • Toxic offices don’t change when they go virtual
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Yuval Noah Harari: Lessons from a year of Covid | Free to read
    • Mexico’s Tulum is a buyer’s market
    • Budget 2021: the knowns and unknowns
    • Late greats: why some brilliant ideas get overlooked
    • Do Republicans even want government to exist?
  • How to Spend It
  • Sign In
  • Subscribe
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • How to Spend It
Financial Times
  • Sign In
  • Subscribe

$50 for your first 3 months Get the print edition and steer from crisis to recovery

Subscribe now

Martin Wolf

Chief Economics Commentator

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”.

Email Martin Wolf @martinwolf_ (link opens in a new browser window)
Email Martin Wolf @martinwolf_ (link opens in a new browser window)

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Tuesday, 23 February, 2021
    US budget
    Joe Biden’s $1.9tn package is a risky experiment

    It might be no bad thing if the US fiscal stimulus ended up somewhat smaller than now proposed

  • Sunday, 21 February, 2021
    UK labour productivity
    Why once successful countries like the UK get left behind

    As a nation loses its ability to innovate, it starts to stagnate

  • Tuesday, 16 February, 2021
    Covid-19 vaccines
    Vaccinating the world is a test of our ability to co-operate

    It is also a trial of our enlightened self-interest and will need G20 leadership to succeed

  • Tuesday, 9 February, 2021
    Coronavirus treatment
    We must vaccinate the world — now

    The cost of jabs for all would be a rounding error; it is also the only way to end the pandemic for good

  • Sunday, 7 February, 2021
    UK tax
    Now is the time to reform the UK’s dysfunctional tax system

    Rishi Sunak needs to spell out in his Budget that he understands why this needs to happen, and how

  • Tuesday, 2 February, 2021
    Global Economy
    Containing China is not a feasible option

    Unlike with the Soviet Union, the US and its allies have to co-operate and compete with its rising power

  • Tuesday, 26 January, 2021
    US politics & policy
    Competence is Joe Biden’s best strategy

    Democrats have to prove that government can work — and Republicans are determined to prove the opposite

  • Sunday, 24 January, 2021
    UK Inequality
    Post-Brexit UK will need all its growth engines firing

    The development of city-regions should not be at London’s expense

  • Tuesday, 19 January, 2021
    US politics & policy
    The American republic’s near-death experience

    Donald Trump was just a symptom and the US is still in danger from those who peddle lies in place of truth

  • Promoted Content
  • Monday, 18 January, 2021
    Global Economy
    Kristalina Georgieva: ‘We are in a resilient place but cannot take stability for granted’

    The IMF chief calls for global co-operation to support health systems and limit the damage of economic scarring

  • Sunday, 27 December, 2020
    Brexit
    A deal to end the Brexit delusions

    This remains a foolish and unnecessary divorce, yet the reality may bring some benefits

  • Tuesday, 22 December, 2020
    Capitalism
    The fading light of liberal democracy

    Pluto-populists’ strategy of using identity issues to convince voters to act against their economic interests is working

  • Wednesday, 16 December, 2020
    World
    Five forces that will define our post-Covid future

    Sustaining a dynamic world economy was always going to be hard, even before the era of populism and great-power conflict

  • Tuesday, 15 December, 2020
    Capital markets
    There is no stock market bubble

    The bigger question is whether rock-bottom interest rates will revert to ‘normal’ and, if so, when

  • Sunday, 13 December, 2020
    UK public finances
    Restoring UK growth is more urgent than cutting public debt

    Britain must reassure the world it is in the hands of competent leaders

  • Tuesday, 8 December, 2020
    Capitalism
    Milton Friedman was wrong on the corporation

    The doctrine that has guided economists and businesses for 50 years needs re-evaluation

  • Monday, 7 December, 2020
    Politics3 min
    Martin Wolf: is this the end of Trumpism?

    The FT's chief economics commentator considers whether illiberal democracy dies with Donald Trump's exit from the White House

  • Tuesday, 1 December, 2020
    Organisation for Economic Co-operation & Development
    A light shines in the gloom cast by Covid-19

    After a grim recession, a strong and healthy recovery is within reach

  • Sunday, 29 November, 2020
    UK business & economy
    Weak demand would derail Britain’s economic comeback

    The UK should avoid a premature tightening of fiscal policy

  • Thursday, 26 November, 2020
    ObituaryJames Wolfensohn
    James Wolfensohn, former president of the World Bank, 1933-2020

    Renaissance man who transformed the global financial institution, and the world’s view of it

  • Tuesday, 24 November, 2020
    Coronavirus economic impact
    What the world can learn from the Covid-19 pandemic

    Important lessons are already emerging to help us manage the impact of such diseases better in future

  • Tuesday, 17 November, 2020
    Global Economy
    Why inflation could be on the way back

    The global economy may be shifting as it did four decades ago

  • Tuesday, 17 November, 2020
    FT SeriesBest Books of the Year 2020
    Best books of 2020: Economics

    Martin Wolf selects his must-read titles for the second half of 2020

  • Sunday, 15 November, 2020
    Boris Johnson
    Boris Johnson has secured a questionable legacy

    The UK prime minister will be remembered for ‘getting Brexit done’ and his mismanagement of Covid

  • Tuesday, 10 November, 2020
    US politics & policy
    Democracy in a time of division

    The challenge for Joe Biden is to convince most US citizens he serves their interests

Previous You are on page 1 Next

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

FT LiveShare News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingContracts & Tenders
Executive Job SearchAdvertise with the FTFollow the FT on TwitterFT TransactSecondary Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School Rankings
Enterprise ToolsNews feedNewslettersCurrency Converter
More from the FT Group
Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2021. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

International Edition

  • Switch to UK Edition
  • Top sections
  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • Americas
    • Middle East and North Africa
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • How to Spend It
  • Special Reports
  • FT recommends
  • Graphics
  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In