7:46pm

Era of a diminished superpower

David Humphries illustration ©David Humphries

Whatever happens inside the US, its influence will be smaller in the 21st century than it was in the 20th

Pinn illustration May 8, 2012

What Hollande must tell Germany

The eurozone must change path. Austerity has to be matched to the realistic pace of adjustment and structural reform

May 3, 2012

Flexibility is no sin when policy is failing

The government’s mistake was to announce fixed fiscal plans for so many years ahead

Ingram Pinn illustration May 1, 2012

After the bonfire of the verities

The new world of post-crisis central banking will create significant institutional and intellectual challenges

Pinn illustration Apr 24, 2012

Banks are on a eurozone knife-edge

The immediate priority is to give the countries in difficulty the time to achieve stability

Apr 19, 2012

Some Tolstoyan advice for the UK on debt

It is comforting the economy could do better, not so comforting that it is not

Pinn illustration Apr 17, 2012

Why the eurozone may yet survive

Members remain absolutely committed to the ideal of an integrated Europe

Pinn illustration Apr 10, 2012

Why the Bundesbank is wrong

The eurozone must manage a difficult convalescence, with a good chance of more attacks

Ingram Pinn Comment Page illustration pfeatures Apr 3, 2012

Two cheers for China’s rebalancing

Despite progress on current account and trade surpluses, the domestic adjustment required is bigger than before the crisis

Mar 29, 2012

Why public finance of political parties is justified

Scandals are damaging political legitimacy

Mar 27, 2012

Prepare for a new era of oil shocks

The world will be vulnerable to high prices so long as supply remains stagnant, demand buoyant and unrest likely

Mar 21, 2012

A Budget without economic significance

Osborne’s influence on whether there will be a recovery by 2014 is now essentially zero

Mar 20, 2012

How to blow away China’s gathering storm clouds

A record of economic success does not guarantee a comparable future

Mar 15, 2012

Why quantitative easing is the only game in town

The central bank’s ultra-cheap money might create zombie businesses, writes Martin Wolf

Mar 13, 2012

A hard slog in the foothills of debt

It is essential to map out the road to deleveraging

Mar 6, 2012

The pain in Spain will test the euro

There is little to suggest a way has been found towards the necessary rebalancing of the eurozone economy

From LIFE & ARTS Mar 3, 2012

The wealth of nations

The FT’s chief economics commentator reviews two new books on the role of political institutions in a country’s economic success

Mar 1, 2012

Why reform of House of Lords is a botch

Huge effort about to be devoted to ill-conceived change

Feb 28, 2012

China is right to open up slowly

Discussion is needed for a successful timetable of reform

Feb 21, 2012

Prepare for a golden age of gas

Shale gas underlines the ingenuity of those engaged in finding new sources of energy

About Martin

Martin Wolf 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”. Mr Wolf is an honorary fellow of Nuffield College, Oxford, honorary fellow of Corpus Christi College, Oxford University, an honorary fellow of the Oxford Institute for Economic Policy (Oxonia) and an honorary professor at the University ofNottingham.

He has been a forum fellow at the annual meeting of the World Economic Forum in Davos since 1999 and a member of its International Media Council since 2006. He was made a Doctor of Letters, honoris causa, by Nottingham University in July 2006. He was made a Doctor of Science (Economics) of London University, honoris causa, by the London School of Economics in December 2006. He was a member of the UK government's Independent Commission on Banking in 2010-2011. Martin's most recent publications are Why Globalization Works and Fixing Global Finance.

E-mail Martin Wolf