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How long will the Iran energy shock last? With Chris Giles
President Donald Trump backed off his threats to wipe out “a whole civilization". Instead, we have a ceasefire – at least for now. But how much damage has the conflict between Iran, the US and Israel already done to the global economy? Wher
Economic warfare: lessons from history, with Mark Harrison
Warring countries have attacked each other’s economies for hundreds of years. But do the tools of economic warfare – sanctions, tariffs, blockades and embargoes – actually work? Soumaya speaks to Mark Harrison, emeritus professor of economi
The global economy is Iran’s hostage. Can it be released? With Edward Fishman
Iran’s de facto closure of the Strait of Hormuz has already rocked global oil markets and stock market indices, spooking everyone from politicians to central bankers. But if Iran wants to make matters worse, it can. Soumaya speaks to Edward
Lessons from China’s industrial dominance, with Kyle Chan
There’s a trope going around these days: western commentators travel to China, tour its factories and when they return home they say that when it comes to innovation, China has won the global race. But how true is that? Host Soumaya Keynes
Introducing Untold: Opus Dei
Introducing Opus Dei, a new season of Untold from the Financial Times. Host Antonia Cundy uncovers the cultural and political influence of a controversial Catholic organisation in America. Opus Dei exists to help people get closer to God, b
Is AI (finally) making us more productive? With John Burn-Murdoch and Sarah O’Connor
Banks, consultancies and LinkedIn posts alike are trumpeting the transformative effects of AI, promising an imminent uptick in productivity. Some of these claims are no doubt exaggerated. But there are unmistakable signs that AI is boosting
Are investors getting the Iran conflict wrong? With Robin Brooks
Markets haven’t exactly been calm since the conflict in Iran started. But are they mispricing the risks of a bigger economic blow-up? And how does this conflict compare with what happened after Russia invaded Ukraine? Host Soumaya Keynes di
Could common debt make the EU stronger? With Carlos Cuerpo
Some believe a deeper pool of common debt would allow the European Union to tackle some of its biggest problems, attracting more investment, reducing the cost of financing, and helping the EU achieve greater strategic autonomy. One such bel
Trump’s tariffs are not dead yet, with Michael Froman
Shortly after the US Supreme Court ruled Donald Trump’s tariffs were illegal, he hit back. The president vowed to impose a 10% levy on US imports through different means. He raised those duties to 15% the following day. These tariffs – impo
What did ‘Nudge’ get wrong? With Nick Chater
When Richard Thaler and Cass Sunstein released their book ‘Nudge’ in 2008, it caught the public imagination. ‘Nudge theory’ – the idea that people could be encouraged to make better choices through small, subtle interventions – was innovati
How China is fighting ‘involution’, with Yanmei Xie
China’s export powerhouse is feeding global demand for cheaper electronics, cars, clothing, and plenty more besides. But the supercharged competition driving that trend is causing problems within China itself, including deflation and thin o
What an economist eats for lunch (in 2026), with Tyler Cowen
If you want to understand food – and eat better – economics is a good place to start. How do immigration patterns shape a country’s cuisine? How do labour laws make our working lunches worse? And why do strip malls serve such good grub? To
How big a deal is the EU-India trade agreement? With Nicolas Köhler-Suzuki and Ajay Srivastava
The EU-India trade deal was partly a geopolitical statement, directed towards Trump. But what’s actually in it? What were the toughest bits to agree, who gave up concessions, and what will the deal mean for the economies of India and the EU
The economy in 2026: What risks lie ahead? With Gita Gopinath
Are the headline growth figures really telling us the full story about the global economy? Gita Gopinath, a former deputy managing director at the IMF and a professor of economics at Harvard University, discusses this question with Martin W
How the Fed fights back, with Don Kohn
It wasn’t the Trump administration’s first attack on the Federal Reserve – but it was perhaps the most shocking. The Department of Justice’s criminal investigation into Jay Powell – nominally over his testimony about the refurbishment of Fe
How bad is America’s affordability crisis? With Mechele Dickerson
Affordability is set to be a key issue in US politics ahead of the country’s midterm elections. And though American politicians often express their support for the country’s middle class, life has become progressively more difficult for tha
Behind The Money: How First Brands Group collapsed
Some of the world’s biggest financial institutions are reeling after the collapse of a little-known car parts supplier: First Brands Group. The company filed for bankruptcy last month, and since then, FT reporters have shone a spotlight on
Martin Wolf speaks to Christine Lagarde: Europe’s ‘existential crisis’
The European Commission must urgently dismantle internal trade barriers that are stifling innovation, productivity and investment across the EU. So says Christine Lagarde, president of the European Central Bank, in a conversation with the F
The Wolf-Krugman Exchange: Power, plutocracy and political economy
In this final episode of their series for The Economics Show, FT chief economics commentator Martin Wolf and Nobel laureate Paul Krugman consider listeners’ questions and comments ranging from a critique of globalisation, increasing inequal
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 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, t
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
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 hi
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
Coming soon from Tech Tonic: Defying death
Investors are spending billions of dollars on novel ways to extend human life through inventive treatments, therapies, and even manipulating our genes. And increasingly, it seems as though anti-ageing efforts have moved from the super rich
The limits of monetary policy, with Agustín Carstens
Money, it’s often said, is a form of trust and central banks are the custodians of that trust; it’s their job to guarantee that the money they issue maintains stable purchasing power. More recently, that’s been no easy task. Witness Preside
What economics gets wrong about human behaviour, with Richard Thaler
Economists like to model people as rational creatures who make self-interested decisions. But humans don’t act that way. Why do investors, politicians and ordinary people act against their best interests – and how can they be nudged into ma
Are Trump’s tariffs legal? With Jennifer Hillman
US President Donald Trump’s tariff programme has been a central pillar of his second term in office. But a case being heard by the US Supreme Court could throw this central tenet of his trade policy into disarray. Trump has argued that tari
How to kickstart the UK economy. With Tim Leunig
Many governments in western Europe are grappling with sluggish economic growth and the UK is no exception. From rising unemployment to weak public finances, the UK economy is in the doldrums and there’s pressure on chancellor Rachel Reeves
Introducing Untold: Toxic Legacy
Introducing Toxic Legacy, a new season of Untold from the Financial Times. Host Laura Hughes uncovers a lead poisoning epidemic across the UK. You might be living with lead and not know it: the toxin is often invisible to the human eye, but
