When Martin Wolf speaks, powerful people listen. And when he publishes a book, as he did a short while ago, Nobel Laureates are rolled out to review it: Joseph Stiglitz for the Financial Times and Paul Krugman for The New York Review of Books.
No wonder. Wolf, who is associate editor and chief economics commentator at the Financial Times, is widely regarded as one of the most influential economic commentators of our time. In 2009, The New Republic hailed him as “arguably the most widely trusted pundit of the current economic crisis.”
In his latest tome, The Shifts and the Shocks: What We’ve Learned and Have Still to Learn from the Financial Crisis, Wolf offers a history of the financial crisis, his view of the global conditions that helped cause it, and suggestions to prevent it from happening again. Felix Salmon, in his New York Times review of Wolf’s book, wrote that:
“Martin Wolf is as grand and important as an economic journalist can ever become. A respected economist in his own right, Wolf has had top-level access to economic policy makers for decades now, seeing generations of finance ministers and central bank governors come and go. All of them care, deeply, about what he thinks and what he writes, and they tend to spend as much time as they can trying to persuade him of their point of view. The result is a classic virtuous cycle: He’s well-informed because he’s extremely influential, and he’s influential because he’s extremely well informed.”
Wolf is also highly respected by his peers and colleagues. “His fans cite his logical rigor, a faculty he loves to engage face to face,” according to writer Julia Ioffe. Lionel Barber, the FT’s editor, reportedly calls him “Two Brains.”
At the upcoming 68th CFA Institute Annual Conference in Frankfurt, Wolf will discuss his thoughts in greater detail during his presentation, “The Shifts and Shocks: Global Imbalances, Capital Flows, and Policy in Our Financially Fragile World.” Online registration for the event is closed, but you can follow social media highlights from the event and watch select conference presentations online.
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All posts are the opinion of the author. As such, they should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute or the author’s employer.