It's Your World

Season 2010 Episode 09.24.10

Martin Wolf at the World Affairs Council of Northern California

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Described by former US Treasury Secretary Larry Summers as "the world's preeminent financial journalist," Martin Wolf joins the World Affairs Council to explain what has happened to the global financial order and what can be done to avoid the shocks of global finance. Martin Wolf was one of the first to warn and write about the problems in the financial markets, in large part predicting the current financial turmoil. Offering a prescription for fixing global finance, Martin Wolf will discuss the links between the microeconomics of finance and the macroeconomics of the balance of payments, demonstrating how the subprime lending crisis in the United States fits into a pattern that includes the economic shocks of 1997, 1998, and early 1999 in Latin America, Russia, and Asia. Martin Wolf is the associate editor and chief economics commentator for the Financial Times and a professor of economics at the University of Nottingham, England. He is the author of several books, most recently Fixing Global Finance, and was named to Foreign Policy and Prospect magazines' "Top 100 Public Intellectuals" list.moreless

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