Andrew Jack, the FT’s pharmaceuticals correspondent, talks to Martin McKee, a world specialist on comparative healthcare systems at the London School of Hygiene and Tropical Medicine and one of the lead speakers at the Gastein forum
Demanding that banks act as narrow utilities solves the problem of the financial system taking control of the power to print money, but would need to be paired with a ban on other forms of banking. Such radical ideas may yet be entertained, says Martin Wolf
Remember how poor hundreds of millions of Chinese still are. Then consider that the net transfer of resources abroad was equal to a third of personal consumption. China needs to increase consumption, and that means revaluing the currency, says Martin Wolf
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