Preview: FT.com - Martin Wolf
![]() FT.com - Martin WolfFT.com - Martin WolfPublished: Tue, 7 Feb 2012 18:56:25 +0000 Last Build Date: Fri, 10 Feb 2012 00:33:06 +0000 Copyright: © Copyright The Financial Times Ltd 2012. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.
Crisis must not change India's course Tue, 7 Feb 2012 18:56:25 +0000 A vast, poor country can still generate rapid growth by catching up on high-income countries, regardless of the global environment, writes Martin Wolf
End this masochism in economic policymaking Thu, 2 Feb 2012 20:20:11 +0000 Put blame to one side. The question is whether anything should, or can, be done. My answer remains a definite yes, writes Martin Wolf
Europe is stuck on life support Tue, 31 Jan 2012 18:42:49 +0000 The ECB has saved the eurozone from a heart attack. But its members face a long convalescence, writes Martin Wolf
The world's hunger for public goods Tue, 24 Jan 2012 19:24:02 +0000 It is unclear whether today's states can – or will be allowed to – provide the goods we now demand, writes Martin Wolf
Yet another year of living dangerously Tue, 24 Jan 2012 16:10:54 +0000 What can we see in the world economy in 2012? Risks galore, writes Martin Wolf
Seven ways to fix the system's flaws Sun, 22 Jan 2012 18:39:32 +0000 The shocks inflicted on the world by the upheavals of the past few years make a thoroughgoing overhaul urgent, argues Martin Wolf
Scotland needs to judge the costs of independence Thu, 19 Jan 2012 19:27:01 +0000 The Scots needs to understand that breaking free would deprive them of the benefits of pooling resources, writes Martin Wolf
Why the super-Marios need help Thu, 19 Jan 2012 12:16:27 +0000 The costs of failure are so large that the possibility of domestic and eurozone reform must be kept alive, writes Martin Wolf
Hopes in emerging countries Tue, 10 Jan 2012 19:10:57 +0000 The speed of convergence in incomes per head is driving extraordinary divergence in growth between incumbents and newcomers, writes Martin Wolf
The 2012 recovery: handle with care Tue, 3 Jan 2012 20:12:32 +0000 Looking at the battered high-income countries, is there a good reason to expect healthy outcomes? Not really, says Martin Wolf
America's inequality need not determine the future of Britain Thu, 22 Dec 2011 20:34:40 +0000 Although similar to the US, policies and social preferences will make a very big difference for the UK, writes Martin Wolf
Sinking into the 'great stagnation' Wed, 21 Dec 2011 14:50:06 +0000 The bad news is that the era of cheap resources is not just vanishing for the US. What was once treated as free is costly, writes Martin Wolf
A disastrous failure at the summit Tue, 13 Dec 2011 19:39:42 +0000 The eurozone's leaders have not devised a credible remedy for the ills that continue to afflict the currency union, writes Martin Wolf
Bob Diamond in an unconvincing defence Mon, 12 Dec 2011 16:38:40 +0000 Talk is cheap. Action is expensive. But the Barclays chief executive's inaugural Today Business Lecture was clever talk, writes Martin Wolf
Germany has to make a fateful choice Mon, 12 Dec 2011 16:38:17 +0000 My fears are coming true – this crisis has done more than demonstrate that the initial design of the eurozone was defective, writes Martin Wolf
Mind the gap: the perils of forecasting output Thu, 8 Dec 2011 20:12:55 +0000 It remains difficult to understand why the government cannot take advantage of low rates to expand investment, writes Martin Wolf
Merkozy failed to save the eurozone Tue, 6 Dec 2011 22:58:35 +0000 In the absence of external adjustment, the fiscal cuts imposed on fragile members will just cause prolonged and deep recessions, writes Martin Wolf
What the IMF should tell Europe Wed, 30 Nov 2011 18:32:12 +0000 It is time for John Maynard Keynes' 'ruthless truth-telling' – that EU's choice is between bad and calamitous alternatives, says Martin Wolf
The UK now faces a 'lost decade' Tue, 29 Nov 2011 18:46:42 +0000 George Osborne is trapped by his own rigid fiscal framework – so we get gimmicks, as with all chancellors under stress, writes Martin Wolf
Why cutting fiscal deficits is an assault on profits Thu, 24 Nov 2011 23:47:45 +0000 The government's programme of fiscal tightening is unreasonably inflexible in such an uncertain world, writes Martin Wolf
To the eurozone: advance or risk ruin Tue, 22 Nov 2011 20:09:26 +0000 The absence of shared political culture, a common political process and effective constitutional structures is an obstacle to enduring success, writes Martin Wolf
Europe must not allow Rome to burn Tue, 15 Nov 2011 17:51:25 +0000 With the new government in Italy, the eurozone has what may turn out to be a last chance to put out the fire, writes Martin Wolf
Bob Diamond's unconvincing defence Thu, 10 Nov 2011 19:58:18 +0000 It is not enough for banks to accept the principle of 'strong regulation' – we need to see changes to believe in reform, writes Martin Wolf
Thinking through the unthinkable Tue, 8 Nov 2011 20:33:52 +0000 The fundamental difficulty throughout has been the failure to understand the nature of the eurozone crisis, writes Martin Wolf
Creditors can huff but they need debtors Tue, 1 Nov 2011 19:28:33 +0000 As Greece seems about to prove, debtors are able to inflict a great deal of damage on everybody, writes Martin Wolf
The big questions raised by anti-capitalist protests Thu, 27 Oct 2011 19:52:59 +0100 Darker forms of politics are waiting in the wings: nationalism, racism. We do not need to watch this tragedy again, says Martin Wolf
Be bold, Mario, put out that fire Tue, 25 Oct 2011 18:42:47 +0100 You must choose between two paths: the orthodox one leads towards failure; the unorthodox one should lead towards success, writes Martin Wolf
There is no sunlit future for the euro Tue, 18 Oct 2011 19:53:19 +0100 It is conceivable that the eurozone will find ways to manage its emergency. It is inconceivable that it will cure the illness, writes Martin Wolf
'Eclipse' Sun, 16 Oct 2011 22:17:06 +0100 China could soon eclipse the US but it would be quite wrong to assume Beijing will be able to dictate to it as quickly, writes Martin Wolf
Time has come for some intelligent policymaking Thu, 13 Oct 2011 22:32:50 +0100 As Deng Xiaoping said, 'it does not matter if a cat is black or white, so long as it catches mice.' Who cares if a policy is called fiscal or monetary, so long as it works? writes Martin Wolf
First aid is not a cure Tue, 11 Oct 2011 20:03:06 +0100 One-sided and unduly hasty offsetting adjustment would exacerbate the downturns in the eurozone and world economies. What is needed is financing and adjustment, writes Martin Wolf
How to keep the euro on the road Tue, 4 Oct 2011 20:07:58 +0100 The eurozone needs a credible path of adjustment, at whose end we see weaker economies restored to health. If such a path is not found it will fracture,writes Martin Wolf
Time to think the unthinkable and start printing again Thu, 29 Sep 2011 20:25:44 +0100 A big danger for the UK is a sharp fall in house prices, which would threaten the finances of households and banks, writes Martin Wolf
Fear and loathing in the eurozone Tue, 27 Sep 2011 22:02:31 +0100 The eurozone has still to decide what it will be when it grows up. But first it needs to reach that stage. The costs of a meltdown would be too grave to contemplate, writes Martin Wolf
Why breaking up is so hard to do Tue, 20 Sep 2011 20:06:17 +0100 The eurozone cannot stay where it is, cannot undo what it has done and finds it traumatic to go forward, writes Martin Wolf
Of course it's right to ringfence rogue universals Thu, 15 Sep 2011 19:51:47 +0100 Some bleat about 'level playing fields'. My response is that if France wishes to put taxpayers at risk, that is its folly, writes Martin Wolf
Time for Germany to make its fateful choice Tue, 13 Sep 2011 17:32:09 +0100 The failure of Germany's leaders to explain the facts at home makes it impossible to solve the current crisis, writes Martin Wolf
We must listen to what bond markets tell us Tue, 6 Sep 2011 17:56:05 +0100 They are saying: borrow and spend, please. Yet those who profess faith in the markets are determined to ignore the cry, writes Martin Wolf
Britain must escape its longest depression Thu, 1 Sep 2011 22:23:05 +0100 The longer output remains depressed, the more likely it is that supply potential will be needlessly damaged, writes Martin Wolf
Struggling with a great contraction Tue, 30 Aug 2011 20:21:11 +0100 Are we at risk of a 'double dip' recession? No, because the first one did not end and might indeed become deeper and longer, writes Martin Wolf |
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