Why So Little Has Changed Since the Financial Crash

Martin Wolf on the power of vested interests in today’s rent-extracting economy

The Financial Times
Sep 5, 2018 · 5 min read
Illustration: Malte Mueller/Getty Images

By Martin Wolf

“Here I am back again in the Treasury . . . but with one great difference. In 1918 most people’s only idea was to get back to pre-1914. No one today feels like that about 1939. That will make an enormous…

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