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Martin Wolf

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Martin Wolf


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Martin Wolf is associate editor and chief economics commentator at the Financial Times, London. He was awarded the CBE (Commander of the British Empire) in 2000 for services to financial journalism. Wolf won the Overseas Press Club of America’s prize for Best Commentary in 2013 and the 2019 Lifetime Achievement Award at the Gerald Loeb Awards. He was a member of the UK’s Independent Commission on Banking in 2010-11. Wolf is the author of The Shifts and The Shocks: What We’ve Learned— and Have Still to Learn—from the Financial Crisis.

Average rating: 3.85 · 1,962 ratings · 212 reviews · 58 distinct worksSimilar authors
The Crisis of Democratic Ca...

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The Shifts and the Shocks: ...

3.96 avg rating — 516 ratings — published 2014 — 22 editions
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Why Globalization Works (Ya...

3.51 avg rating — 305 ratings — published 2004 — 15 editions
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Fixing Global Finance

3.58 avg rating — 106 ratings — published 2008 — 18 editions
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La crisi del capitalismo de...

3.92 avg rating — 12 ratings
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The Role of the State in an...

really liked it 4.00 avg rating — 2 ratings — published 2004
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The Resistible Appeal of Fo...

really liked it 4.00 avg rating — 1 rating — published 1994 — 2 editions
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Modeling Credit Risk and Pr...

really liked it 4.00 avg rating — 1 rating — published 2001
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Paris: A brighter city of l...

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Reconstrucao do Sistema Fin...

it was ok 2.00 avg rating — 2 ratings2 editions
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Quotes by Martin Wolf  (?)
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“Depressions are indeed one of the states a capitalist economy can fall into. An economic theory that does not incorporate that possibility is as relevant as a theory of biology that excludes the risk of extinctions, a theory of the body that excludes the risk of heart attacks, or a theory of bridge-building that excludes the risk of collapse.”
Martin Wolf, The Shifts and the Shocks: What we've learned – and have still to learn – from the financial crisis

“This book aims to learn from that mistake. One of its goals is to ask whether Minsky’s demand for a theory that generates the possibility of great depressions is reasonable and, if so, how economists should respond. I believe it is quite reasonable. Many mainstream economists react by arguing that crises are impossible to forecast: if they were not, they would either already have happened or been forestalled by rational agents. That is certainly a satisfying doctrine, since few mainstream economists foresaw the crisis, or even the possibility of one. For the dominant school of neoclassical economics, depressions are a result of some external (or, as economists say, ‘exogenous’) shock, not of forces generated within the system.”
Martin Wolf, The Shifts and the Shocks: What we've learned – and have still to learn – from the financial crisis

“Governments had socialized the liabilities of the core institutions of the global financial system.”
Martin Wolf, The Shifts and the Shocks: What We've Learned--and Have Still to Learn--from the Financial Crisis



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