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Macroeconomics

  • Wednesday, 9 July, 2025
    The Economics Show
    Podcast: The Wolf-Krugman Exchange

    With huge economic and political shifts taking place, what will replace the old world order?

  • Thursday, 3 July, 2025
    What will come out of the Fed’s latest internal review?

    RIP FAIT. We hardly knew ye

  • Thursday, 26 June, 2025
    Free LunchMartin Sandbu
    The economic consequences of Trump’s second coming Premium content

    Preparing for a post-American world (part 2)

    An American flag flutters in front of a ship and numerous shipping containers at the Port of Los Angeles
  • Tuesday, 24 June, 2025
    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

    Illustration of Donald Trump walking on a tightrope between two signs, one that reads ‘imports’ and the other ‘exports’
  • Thursday, 22 May, 2025
    Free LunchMartin Sandbu
    Europe has a new economic orthodoxy Premium content

    And it’s a lot better than the old policy consensus

    Mario Draghi is speaking at a podium
  • Thursday, 15 May, 2025
    Free LunchMartin Sandbu
    In praise of America’s trade deficit Premium content

    Net imports are funding the innovative edge that others envy the US so much — and perhaps benefit from too

    Stacks of multicoloured shipping containers are seen at the Port of Long Beach in California, with a row of palm trees in the foreground
  • Thursday, 8 May, 2025
    Free LunchMartin Sandbu
    Trump’s tariffs will boomerang on US exporters Premium content

    A tax on imports is a tax on exports

    A worker operates a remote control to pour aluminiumluminum into a furnace at a plant in Goose Creek, South Carolina
  • Thursday, 10 April, 2025
    Free LunchMartin Sandbu
    Donald Trump has had his first Liz Truss moment Premium content

    Unlike the doomed former British PM, the US president is not going anywhere — so uncertainty is here to stay

    A montage of pictures of Liz Truss and Donald Trump
  • Tuesday, 25 March, 2025
    Martin Wolf
    Trumponomics is putting lipstick on a policy pig

    How do technocrats expect the needed macroeconomic adjustments to occur?

    James Ferguson illustration of Donald Trump looking at a line of US presidents’ faces taken from dollar notes
  • Friday, 7 March, 2025
    US trade
    Tarriffic job, everyone

    Putting the FFS in tariffs

  • Sunday, 2 March, 2025
    Free LunchTej Parikh
    How culture shapes capitalism around the world Premium content

    From east to west, different value systems support global economic diversity

    People crossing a road with a screen showing financial data overlaid on top
  • Thursday, 23 January, 2025
    Free LunchMartin Sandbu
    The black swans of Trumponomics Premium content

    There is so much more than tariffs that can go wrong

    A black swan on a pond
  • Thursday, 16 January, 2025
    Free LunchMartin Sandbu
    Will the Democrats overcorrect on US economic policy? Premium content

    Bidenomics’ lasting legacy may depend on Republican success

    US President Joe Biden leaves the stage after his speech at the state department in Washington on Monday
  • Thursday, 9 January, 2025
    Free LunchMartin Sandbu
    The looming battles over US economic policy thinking Premium content

    Both Republicans and Democrats are split between populist and oligarchic visions 

    A street with traffic signs leading up to the US Capitol in Washington at night
  • Thursday, 19 December, 2024
    Free LunchMartin Sandbu
    A Copernican revolution in EU economic thinking? Premium content

    ‘Draghi plus’ would make Europe take domestic demand seriously — and not before time

    Mario Draghi
  • Thursday, 5 December, 2024
    Free LunchMartin Sandbu
    Ten years of Free Lunch Premium content

    To celebrate: an upgrade in the new year

    A transparent globe with a reflective surface.
  • Thursday, 28 November, 2024
    Bank of England
    Bernanke Review: No fan

    What’s the scenario?

  • Thursday, 28 November, 2024
    Free LunchMartin Sandbu
    Donald Trump, accidental master of game theory Premium content

    The president-elect’s instincts track the theorems of strategic decision science

    Donald Trump gestures while speaking during an election night event. Behind him, multiple American flags are displayed.
  • Tuesday, 12 November, 2024
    Martin Wolf
    Manufacturing fetishism is destined to fail

    It is so much easier to blame the disappearance of these US jobs on China than on domestic consumers and automation

    James Ferguson illustration of a farm, a factory and city office blocks right next to each other
  • Tuesday, 22 October, 2024
    Martin Wolf
    The global economy has proved surprisingly resilient

    But significant downside risks will continue to pose a challenge for policymakers

    James Ferguson illustration of a red arrow cutting through an airship that has ‘inflation’ written across it.
  • Monday, 14 October, 2024
    Nobel prizes
    Trio of economists wins Nobel Prize for work on wealth of nations

    Daron Acemoglu, Simon Johnson and James Robinson commended for advancing understanding of inequality

    Daron Acemoglu, Simon Johnson and James Robinson
  • Monday, 23 September, 2024
    German economy
    Germany’s botched data revamp leaves economists ‘flying blind’

    IT hitches force Federal Statistical Office to suspend consumer and services releases

    A woman walks past a shop window in Munich's city center displaying large red sale signs with discounts of 25% and 70%.
  • Monday, 16 September, 2024
    FT Swamp Notes
    Why Harris is still at risk in swing states Premium content

    The vice-president is not saying enough about re-industrialisation and protecting factory jobs

    Democratic presidential nominee vice- president Kamala Harris speaks during a campaign event in North Carolina on Thursday, September 12
  • Friday, 6 September, 2024
    FT Magazine
    The marvellous money machine

    An ingenious device that changed the course of economic history — and our quest to rebuild it

  • Friday, 6 September, 2024
    FT MagazineThe marvellous money machine
    The FT Money Machine: how we transformed an iconic invention for virtual reality

    75 years after the unveiling of the ‘Phillips machine’, a hydraulic computer that could model an economy, we rebuilt it for a digital audience

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