The Economics Show

• The Wolf-Krugman Exchange: America vs. the world

  The US last week released its new national security strategy – and it wasn’t good news for Europe. The document, which sets out US foreign policy priorities, blasted Europe for undermining “political liberty and sovereignty”, de-emphasised the threat from Russia, reframed America’s competition with China and put influence over the western hemisphere at the top of the US agenda. In this episode, FT chief economics commentator Martin Wolf and Nobel laureate Paul Krugman discuss what the impact of this new US strategy may be. How should Europe react to this sharp turn from its strongest historical ally? And is Trump handing China the world on a silver platter?Email any questions for Martin and Paul to [email protected] and listen to this series of The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Read Martin’s column here Subscribe to Paul’s Substack hereFind Paul’s cultural coda here.Find Martin’s cultural coda here.Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Tom Hannen is the video editor. Sound design by Breen Turner. Original music by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• The Wolf-Krugman Exchange: Maga man and Mamdani

  Donald Trump promised to bring industrial jobs back to America when he swept to victory in last year’s presidential election, powered by a 12-point lead among male voters, but can he really deliver? In the second of this four-part series, the FT’s chief economics commentator Martin Wolf and Nobel prize-winning economist Paul Krugman discuss the economic plight of American men - why their problems are real, but Maga’s proposed solutions are not. Plus, they consider the policy platform of another populist, the newly elected mayor of New York City, Zohran Mamdani, and whether his affordability agenda can translate into a nationwide policy for the Democrats.Subscribe and listen to this series of The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Read Martin’s column here Subscribe to Paul’s substack hereFind Paul’s cultural coda hereFind Martin’s cultural coda hereProduced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Sound design by Sam Giovinco and Breen Turner. Original music by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• The Wolf-Krugman Exchange: Trump’s ‘vibecession’

  As President Donald Trump approaches the one-year anniversary of his second term in office, the FT’s chief economics commentator Martin Wolf, and Nobel prize-winning economist Paul Krugman sit down to discuss the US economy and the state of American democracy. Are American consumers finally feeling the effect of Trump’s tariffs? Is AI to blame for the frozen labour market? Or is the spectre of a weakening democracy and plutocracy to blame for slumping consumer sentiment? In the first of four weekly episodes, Wolf and Krugman unpick the US and world economy, with Krugman explaining why he’s less pessimistic now than he was earlier this year.Subscribe and listen to this series of The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Read Martin’s column here.Subscribe to Paul’s Substack here.Find Paul’s cultural coda here.Find Martin’s cultural coda here.Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• Coming soon: The Wolf-Krugman Exchange: One year of Trump

  In this four-part series starting on Wednesday November 26, FT chief economics commentator Martin Wolf and Nobel-prize winning economist Paul Krugman take stock after (almost) a year of Donald Trump’s second term and assess the impact of his presidency on the US and world economy and democracy everywhere.Martin Wolf is the FT’s chief economics commentator. You can find his articles here: https://www.ft.com/martin-wolfYou can find Paul Krugman’s Substack newsletter here Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.Presented by Martin Wolf. Produced by Mischa Frankl-Duval. The executive producer is Manuela Saragosa. Original music and sound design by Breen Turner. Hosted on Acast. See acast.com/privacy for more information.

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• Did globalisation kill neoliberalism? With Branko Milanović

  Thirty-five years ago, the global economy could be neatly divided into market economies, socialist economies and poorer non-aligned countries. Today, that picture is rather more complicated. Western-style neoliberalism – expected to become the dominant economic system after the end of the cold war – is in retreat; socialism is no more; China has emerged as a global superpower; and formerly-poor countries in the global south are rising rapidly – all while neoliberalism itself becomes, well… less liberal. If neoliberalism is on the way out, what will replace it? And what does the rise of Asia mean for western consumers who find their spending power dwindling? The FT’s European economics commentator, Martin Sandbu, speaks to Branko Milanović, senior scholar at the Stone Center on Socio-Economic Inequality at the City University of New York, and a visiting professor at the International Inequalities Institute at the LSE.Further ReadingGlobalisation: Where on the elephant are you? (BBC)Branko Milanovic: ‘The forces of self-interest and technology cannot be undone’The economic losers are in revolt against the elites Martin Sandbu is the Financial Times's European economics commentator. You can find his articles here: https://www.ft.com/martin-sandbuSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. To sign up for free to the new FT Alphaville newsletter on substack, go to ftav.substack.comPresented by Martin Sandbu. Produced by Mischa Frankl-Duval and Lulu Smyth. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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