Martin Wolf

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 Germany’s Constitutional Court launched a legal missile into the heart of the EU with its ruling on the legality of a European Central Bank emergency bond-buying scheme

The 75th anniversary of the defeat of Nazi Germany was May 8. The 70th anniversary of the Schuman declaration, which launched postwar European integra(...)

Paul Volcker. The scale of his many achievements is huge, although most tributes focused on his unshakeable integrity. Photograph: Alex Wong/Getty Images

One man who did make the world a better place was Paul Volcker, the former Federal Reserve chairman who died last week aged 92. Volcker is famous for (...)

Skye Gyngell and Darina Allen (left) during a demonstration at Ballymaloe Cookery School. Photograph: Eric Luke

Monday Results: Ryanair, Under Armour, Groupon. Indicators: Irish industrial production (Sep); Euro zone manufacturing PMI (Oct); UK construction (...)

An Italian policeman looks at an electoral poster at a polling station in Rome. Why are Italian voters so disenchanted? The obvious answers are that economic performance has been so dismal, while established Italian policymakers appear so ineffective

The election results in Italy are a lesson to Europe. Italians were once among the most enthusiastic supporters of the European project. This is true (...)

President Xi Jinping of China and President Donald Trump with their wives during an opera in the Forbidden City in Beijing, in November. Of the world’s strongmen, Xi Jinping has emerged the strongest - the leader of a rising superpower.

We have reached the end of an economic period, that of western-led globalisation, and a geopolitical one - the post-cold war “unipolar moment”. This i(...)

A roadside poster of Chinese president Xi Jinping,  in Beijing, last week: Under Xi, China is increasingly autocratic and illiberal. Photograph: Greg Baker/AFP/Getty Images

“Whether you like it or not, history is on our side. We will bury you!” Thus in 1956 did Nikita Khrushchev, then first secretary of the Communist part(...)

The Great Depression. Do we ever really learn, asks Marin Wolf.

“Favourable global economic prospects, particularly strong momentum in the euro area and in emerging markets led by China and India, continue to serve(...)

Paul Romer: ordered his staff to write more clearly, shut them up whenever they banged on interminably in presentations, and insisted all reports were short and lucid

The story was one of the saddest I have read in ages. The World Bank’s chief economist ordered his staff to write more clearly, shut them up whenever (...)

Theresa May: “She only really gets animated these days in order to deny that there is actually anything called Mayism.” Photograph: PA Wire

There is widespread acceptance that the election of Donald Trump, the vote for Brexit and the rise of populism everywhere else have roots in large swa(...)

US secretary of commerce Wilbur Ross: ”We are far less protectionist than Europe. We are far less protectionist than Japan. We are far less protectionist than China.”  Photograph:  AFP Photo

How are trade partners to respond when US policymakers talk nonsense? That is the situation in which Europeans, Japanese and South Koreans now find th(...)

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