Financial Times

Created
Thu, 09/05/2024 - 20:42
May 1 2024 William White is right (Letters, April 29) to say that John Maynard Keynes regarded the rate of interest as “highly conventional”, but he should have quoted the whole sentence from chapter 15 of The General Theory: “The difficulties in the way of [full employment] ensue from the association of a conventional and … Continue reading Letter: The reason Keynes argued for an active fiscal policy
Created
Tue, 28/02/2023 - 03:57
FEBRUARY 17 2023 One year has passed since the start of Russia’s invasion of Ukraine, and nothing seems to indicate that the flames of war are dying. Why does the war still continue? Why are military tensions rising in the world? We reject the thesis of a “clash of civilisations”. Rather, we need to recognise … Continue reading Letter: The economic conditions that make wars more likely
Created
Sat, 31/10/2020 - 18:30

All too revealing of how the system works ... how the talented former chief of the FT, capitalism’s house journal, was in thrall to ‘movers and shakers’

Even a brilliant newspaper editor can undersell a good story on the front page. At the start of Lionel Barber’s account of the world from his perspective as editor of the Financial Times between 2005 and 2020, there is an extensive list of dramatis personae, almost all of them male. (“One day,” he writes later, “I will deal with the alpha male problem, but not today.”) The players are broken down into their categories: politics, business and finance, royalty, journalism and diplomacy. The heart sinks – if journalism sits so easily in such a cast list, how can it do its job of comforting the afflicted and afflicting the comfortable?