Monthly Archives: May 2009

Is the current crisis a watershed, with market-led globalisation, financial capitalism and western domination on the one side and protectionism, regulation and Asian predominance on the other? Or will historians judge it, instead, as an event caused by fools, signifying little, asks Martin Wolf


It does one good to fail in a small way. It means one then has to work hard to catch up, and that one may have a fresher way of doing things, says Lucy Kellaway


Britain’s worst savings accounts; the outlook for equities following the recent market rally; and reliable property investments that pay out up to 8 per cent a year


Can a business trust its CIO? Ade McCormack shares his thoughts on this delicate issue. Plus: the huge skills gap facing the heavy industries sector


The more the crisis unfolds, the more evident it is that incentives in the financial system were (and are) badly distorted, says Martin Wolf. At the end, will the number of institutions thought ‘too big to fail’ be as large as now and, if so, how will they be controlled?


It was a great morale boost that this time I was victim rather than perpetrator, and people have been astoundingly sympathetic, says Lucy Kellaway


What use is an ISA that pays 0.1 per cent interest? Is the emerging market equities rally sustainable? Plus good news and bad news on second homes


The UK has lost control over public spending. Like it or not, voters must elect a government willing to get it back, says Martin Wolf


How do you get the attention of the CIO? Ade McCormack has a few ideas; plus, Karl-Heinz Streibich of Software AG on technology in the downturn.


Over almost three decades, policymakers became ever more confident they had found, in inflation targeting, the holy grail of fiat (or man-made) money. Today, they are struggling with the deepest recession since the 1930s and the danger of deflation. How can it have gone so wrong, asks Martin Wolf