The Economics Show

• Can Europe afford to rearm itself? With Jeromin Zettelmeyer

  European countries have committed to higher defence spending to face down Russian aggression. But preparing for war isn’t cheap – and in many countries, budgets are already stretched. How will European members of Nato hit their defence targets, a hefty 5% of GDP? Will EU states look beyond their own national champions, and commit to greater co-operation on defence funding and purchases? And what kind of new institutions would be necessary to make that happen? To find out, Sam Fleming speaks to Jeromin Zettelmeyer. He is the director of the Brussels-based think tank, Bruegel, and has previously held senior roles at the IMF, the Peterson Institute, and in the German Ministry for Economic Affairs and Energy. Clips: BBC, Bloomberg Television, European Commission, French Armed ForcesSam Fleming is the FT’s economics editor. You can find his articles here: https://www.ft.com/sam-flemingSubscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Sam Fleming. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Manuela Saragosa is the FT’s acting co-head of audio. Original music from Breen Turner, and sound design by Breen Turner & Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• What Trump’s tariffs deadline has (not) achieved, with Dmitry Grozoubinski

  July 9 marked the end of President Trump’s 90-day pause on his so-called reciprocal tariffs. Now that deadline has passed … what has actually changed? The FT’s senior trade writer Alan Beattie discusses with former trade negotiator Dmitry Grozoubinski, author of ‘Why Politicians Lie About Trade’. Dmitry explains why Trump’s tariff threats are as ineffective as they are unusual, how countries are approaching his ‘vibes-based’ trade policy, and what Dmitry would advise if he was negotiating with the US now.Want more?Trump’s tariff shambles is a helpful warning to the worldDonald Trump threatens new tariffs on CanadaAlan Beattie is the FT's senior trade writer. He writes the Trade Secrets newsletter every Monday. Read Alan’s columns here: https://www.ft.com/alan-beattieSign up to the Trade Secrets newsletter here. Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen. Presented by Alan Beattie. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Manuela Saragosa is the FT’s acting co-head of audio. Original music and sound design by Breen Turner. Mix by Sam Giovinco.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• The Wolf-Krugman Exchange: your questions answered

  In the sixth of this six-part series of The Economics Show, Martin Wolf, the FT’s chief economics commentator, and Nobel Prize-winning economist Paul Krugman tackle a selection of questions, and even some criticisms, sent in by their audience. Listen to Paul Krugman’s cultural coda, Carole King’s It's too late, here Listen to Martin Wolf’s cultural coda, Va Pensiero from Verdi’s Nabucco, hereSubscribe and listen to this series on The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Episodes are also available on the FT’s YouTube channel.Read Martin’s FT column hereSubscribe to Paul’s substack hereThe Wolf-Krugman Exchange was produced by Sandra Kanthal and Mischa Frankl-Duval, and the broadcast engineer was Andrew Georgiades. The sound engineer was Breen Turner. Manuela Saragosa is the FT’s acting co-head of audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• The Wolf-Krugman Exchange: The future of the postwar system

  In the fifth of this six-part series of The Economics Show, Martin Wolf, the FT’s chief economics commentator, and Nobel Prize-winning economist Paul Krugman discuss the way American politics is crashing against both the guardrails of a stable, democratic system and the rules and norms of the postwar economic order and how this could jeopardise the importance of the US on the world stage.Paul Krugman’s Cultural Coda: Stephen Sondheim: "We had a good thing going"https://www.youtube.com/watch?v=NTbrbiM-slg&list=RDNTbrbiM-slg&start_radio=1Martin Wolf’s Cultural Coda:Jonas Kaufmann: Freiheit from Beethoven’s Fideliohttps://www.youtube.com/watch?v=GvfhmGsFMEoSubscribe and listen to this series on The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Episodes are also available on the FT’s YouTube channel.If you’d like to get in touch and ask Martin and Paul a question, please email [email protected] Read Martin’s FT column hereSubscribe to Paul’s substack hereThe Wolf-Krugman Exchange is produced by Sandra Kanthal. The broadcast engineer was Rod Fitzgerald. The sound engineer is Breen Turner. Manuela Saragosa is the FT’s acting co-head of audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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• The Wolf-Krugman Exchange: AI hype vs reality

  In the fourth of this six-part series of The Economics Show, Martin Wolf, the FT’s chief economics commentator, and Nobel Prize-winning economist Paul Krugman ask if advances in artificial intelligence will reshape the working world as we know it. Or are we hearing an old familiar story that has been told many times before? Paul Krugman’s Cultural Coda:Loretta Lynn - "Coal Miner's Daughter": https://www.youtube.com/watch?v=f9eHp7JJgq8&list=RDf9eHp7JJgq8&start_radio=1Martin Wolf’s Cultural Coda:Thomas Mann's The Magic Mountain, published in 1924.https://en.wikipedia.org/wiki/The_Magic_MountainRead Martin Wolf's selection of the best economics summer reads for 2025 hereRead Martin’s FT column hereSubscribe to Paul’s substack hereIf you’d like to get in touch and ask Martin and Paul a question, please email [email protected] Subscribe and listen to this series on The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Episodes are also available on the FT’s YouTube channel.The Wolf-Krugman Exchange is produced by Sandra Kanthal and Mischa Frankl-Duval, and the broadcast engineer is Andrew Georgiades. The sound engineer is Jean-Marc Eck. Manuela Saragosa is the FT’s acting co-head of audio.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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