Martin Sandbu’s Free Lunch is the FT’s weekly newsletter on the global economic policy debate. Free for premium subscribers, it is sent out every Thursday lunchtime in Europe, and offers a spirited opinion on the latest commentary and stories.
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America’s post-pandemic recovery has left Europe in the dust
Now you see them, now you don’t
The economics of the European country’s restoration
How to make some sense of our ignorance
Resistance is futile
Lack of nuance makes for bad policy
The EU must confront its €300bn question
There is no economic justification for abandoning democracy
We cannot produce too much of the stuff that will help us decarbonise
Moscow is benefiting from bad mechanism design
Central bank’s own actions may have set in motion chain of events that led to governments’ decisions to levy their lenders
Beijing should avoid the mistakes the west makes again and again — but it probably won’t
Remedy for the flaws of ‘Europeanness’ is to have more of it
Good writing on economic phenomena that affect us all
The after-effects of aggressive monetary easing are proving as sticky as inflation
If economies have been overheating, why are average hours worked so weak?
Caring about production methods does not violate free trade. It is required by it
Except for making things worse after it goes away by itself
Most countries’ timid approach to Moscow’s state assets verges on hypocrisy
In contrast with last year’s shambles, solid planning for rebuilding a modern European country is well under way
We must prepare — institutionally and politically — for the permanently higher state investments new times require
Sanctions are squeezing Russia’s net export earnings — now target the surpluses accumulated since last year
New research shows that one-off temporary disruptions account for most of the inflation we see
The west could find itself held back by a Chinese economy that’s too weak, not too strong
Drop the angst for humanity’s future and roll up your regulatory sleeves
International Edition