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A new challenger appears
‘Shadow reserves’ from energy earnings undermine restrictions on central bank
Philosophy professor Erik Angner argues that the discipline can shed light on significant global challenges
Governor Haruhiko Kuroda and his colleagues are right to keep yield curve control in place
The European Central Bank’s chief economist discusses the institution’s response to a series of global shocks
More nuanced thinking on both the currency and its inflation prospects
And some New Year readings on the biggest economics themes affecting us
A sampling of the FT’s data and visual journalism from 2022 illustrates the key events of a tumultuous 12 months
Is inflation truly only a macro phenomenon?
In our interactive world, we can no longer put problems into convenient intellectual silos
The moneyed classes are beginning to think governments have been too kind to them
US inflation has very little to do with anything the Biden administration itself has done
Which has the greater impact on long-term economic growth?
IMF-World Bank meeting shows the previous hands-off consensus is still being left in the dust
Some economic arguments for benign neglect
Kyiv’s counter-offensive, inflation and the Wizard of Oz
While budgets are set to bleed from the energy crisis, the taxation of wealth has not kept up with its growth
Central banks are playing catch-up but they cannot tackle the energy shock directly
To avoid economic calamity, the allies need to increase their aid for Kyiv to about $4bn-$5bn a month in the immediate future
Here are a number of awkward facts for the conventional view that policy must tighten
Ugly manufacturing numbers versus hawkish CB rhetoric.
What the pandemic tells us about recession-fighting
Like the real thing, economic warfare is a long-term game
Economists debate tariffs versus bans. One should lead to the other
Latest reports show what keeps the world’s economic policymakers awake at night