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Martin Wolf

Martin Wolf

Financial Times

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The UK tax system is a mess — these are priorities for Reeves to reform

The list of inconsistencies goes on and on. Nobody should have designed such an absurdity

05.11.2025 10

Financial Times

Martin Wolf

Reeves must get whatever growth she can

Improved standards of living are the foundation of modern democracy

29.10.2025 20

Financial Times

Martin Wolf

The need to tighten UK fiscal policy is also an opportunity

Keir Starmer’s government should seize the chance to make radical reforms

28.10.2025 4

Financial Times

Martin Wolf

The hard task of exiting the populist trap

Javier Milei’s plight in Argentina demonstrates how difficult it can be to rescue economies

22.10.2025 30

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Martin Wolf

The world economy in an age of disorder

It is dangerous to have confidence in what lies ahead

15.10.2025 20

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Martin Wolf

Trump’s tariffs won’t deliver many jobs

Nostalgia is not a strategy: the past cannot return

08.10.2025 20

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Martin Wolf

A world with two predatory superpowers

Nations must work out how to contend with Trump’s America and China

01.10.2025 30

Financial Times

Martin Wolf

The Ukraine war will shape the world

We must not repeat the mistakes of the appeasers in the 1930s

23.07.2025 50

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Martin Wolf

How to help the financial sector promote growth — and how not to

Encouraging institutions to get bigger by taking risks is the opposite of what Reeves should do

21.07.2025 20

Financial Times

Martin Wolf

A return to tariffs, Taco or not

Trump’s focus on the goods of the past is ridiculous. What matters is competitiveness in the future

16.07.2025 30

Financial Times

Martin Wolf

Trump’s assault on American greatness

In just six months, the US president has made huge strides in advancing his agenda

09.07.2025 60

Financial Times

Martin Wolf

The roots of the British malaise lie in a sick economy

Political responses to a bad situation tend towards either charlatanism or timidity

07.07.2025 30

Financial Times

Martin Wolf

The risks of funding states via casinos

It is easy to imagine conditions in which money simply dries up, perhaps in response to large movements in bond yields

01.07.2025 4

Financial Times

Martin Wolf

Why global imbalances do matter

If the US wants to accelerate a worldwide discussion with a policy intervention, the obvious one would be a tax on capital inflows

24.06.2025 10

Financial Times

Martin Wolf

The copyright war between the AI industry and creatives

We have surely gone beyond being able to give the tech sector the benefit of the doubt

23.06.2025 10

Financial Times

Martin Wolf

For whom does Trump govern?

The Big Beautiful Bill Act is a classic example of pluto-populism

18.06.2025 50

Financial Times

Martin Wolf

An ever riskier world economy

Trump’s tariff war brings with it unpredictability and a consequent loss of confidence

11.06.2025 30

Financial Times

Martin Wolf

British pension policy is finally stepping in the right direction

Consolidation of funds makes evident sense, bringing economies of scale and scope

09.06.2025 20

Financial Times

Martin Wolf

Interest rates are normal, the world is not

Given all this fragility, recessionary or inflationary shocks — or even both together — are conceivable

04.06.2025 6

Financial Times

Martin Wolf

The UK’s trade performance remains dire

Deals struck recently with the US, EU and India will not make a significant difference to Britain’s parlous position

26.05.2025 10

Financial Times

Martin Wolf

Trump’s assault on the global dollar

The difficulty is that, however unsatisfactory the hegemon might be, the alternatives look worse

20.05.2025 10

Financial Times

Martin Wolf

The challenge of using excess global savings

We now seem unable to turn the surplus in some countries into productive investment elsewhere

13.05.2025 10

Financial Times

Martin Wolf

The old global economic order is dead

China and others must think afresh as the US steps away from its role as balancer of last resort

06.05.2025 40

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Martin Wolf

Why the US will lose against China

Trump’s unreliable America is throwing away the assets it needs

29.04.2025 10

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Martin Wolf

In tough times, good policy becomes still more important

A country as mired in stagnation as the UK has to take risks if it is to succeed

28.04.2025 10

Financial Times

Martin Wolf

Playing ‘whack-a-mole’ with Meta over my fraudulent avatars

How is it possible that a company with such huge resources, including artificial intelligence tools, cannot deal with this?

25.04.2025 10

Financial Times

Martin Wolf

Trump’s trade shock hits the global economy

The IMF is trying to make sense of the unknowable

22.04.2025 8

Financial Times

Martin Wolf

The economic consequences of a mad king

Trump’s delight in doing whatever he wishes in the moment is incompatible with stability and sustained dynamism

15.04.2025 10

Financial Times

Martin Wolf

Global turmoil makes Britain’s productivity predicament even worse

The situation is dire and only active policymaking is going to make a difference

14.04.2025 10

Financial Times

Martin Wolf

Trump’s tariffs will damage the world

The trade deficits will remain roughly unchanged — the globe will just end up poorer

08.04.2025 10

Financial Times

Martin Wolf

China senses an opportunity in Trump’s cultural revolution

Policymakers in Beijing believe they will benefit from the destruction of America’s global credibility

01.04.2025 10

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Martin Wolf

Fiscal tweaks won’t solve Britain’s growth problem

The government must embark on a much more radical programme of structural reforms

31.03.2025 20

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Martin Wolf

Trumponomics is putting lipstick on a policy pig

How do technocrats expect the needed macroeconomic adjustments to occur?

25.03.2025 10

Financial Times

Martin Wolf

Will anybody buy a ‘Mar-a-Lago accord’?

The US president wants both to protect domestic manufacturing and hold the dollar as the reserve currency

18.03.2025 6

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Martin Wolf

What should Reeves and Starmer say and do next?

The government needs to view the hard times coming upon us as an opportunity, as well as a crisis

17.03.2025 40

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Martin Wolf

How Europe can take up America’s mantle

The continent is an economic superpower but it now has to mobilise in defence of democracy

11.03.2025 10

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Martin Wolf

The economic costs of Trump’s assault on the global order

America is trying to undo the very system of open trade that it created

04.03.2025 10

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Martin Wolf

How to respond to the realities of a more dangerous world

Spending on defence will need to rise substantially if the UK is to meet the challenges it faces

03.03.2025 20

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Martin Wolf

The US is now the enemy of the west

Washington has decided to abandon both Ukraine and its postwar role in the world

26.02.2025 100

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Martin Wolf

In defence of the state

A complex society is best served by a competent, professional and neutral public service

18.02.2025 10

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Martin Wolf

We must fund oppositions properly to save democracy

Without resources, they will be grossly unprepared for the difficult business of governing

17.02.2025 10

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Martin Wolf

The case for persisting with foreign aid

Until now, the US has been a strikingly benign and successful hegemon

11.02.2025 10

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Martin Wolf

Predictability is the victim of Trump’s tariff threats

An inconsistent US is an unreliable partner — it’s that simple

04.02.2025 10

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Martin Wolf

The long hard slog to reach the goal of faster growth

Britain is in a hole and the government is right to try to dig it out

03.02.2025 10

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Martin Wolf

We will have to learn to live with machines that can think

The impact of artificial intelligence on productivity could be epoch-making

28.01.2025 9

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Martin Wolf

Trump’s second coming and the world

An economic renaissance is unlikely, not least because the US economy is very far from the disaster he proclaims it to be

21.01.2025 6

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Martin Wolf

Britain’s situation remains fragile

The government must retain the confidence of its creditors

20.01.2025 10

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Martin Wolf

Trump’s threat to US liberal democracy

We must hope that the American people will not lightly abandon the enlightenment traditions of their country

14.01.2025 10

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Martin Wolf

An economically dynamic India is Manmohan Singh’s greatest legacy

He drove radical reform of an anti-market policy regime that was strangling growth

07.01.2025 10

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Martin Wolf

The UK government must make sure it isn’t a confidence killer

There is a danger that animal spirits and the propensity to invest expire in a vicious downward spiral

23.12.2024 10

Financial Times

Martin Wolf