So I’ve had a longstanding interest in how economic policy affects the world. So, I was interested in our background and the background.Īnd over time, I came to the conclusion, and it was one of the reasons I later went on to study economics, that economics and particularly economic disasters, but more broadly economics, had an enormous amount to do with the stability of our society, with the politics of our society, and the values of it. I knew we had no other relatives in the country, but my parents were clearly foreigners, though they managed well in this country. They were all killed in the Holocaust.Īnd I was aware of this in the sense, not explicitly, but in the sense that I knew my family was a bit peculiar. And in both cases, their wider families, not their immediate families but their wider families, which contained, I think, about 40 or 50 aunts, uncles, and cousins, were all killed. So I exist as a product of the Second World War. They would never have met without Adolf Hitler. I was brought up in a family of refugees, two people who met in London during the Second World War as refugees from Europe, from Hitler’s Europe. The broad context of the way I think about the world of who I am is basically a product of my life history, which I discuss in the preface. I suppose one can think about it in two ways, the broad context and the historical moment. And so, I want to start with, what inspired the themes that we will explore today?
So let’s start with… You’ve written numerous books about India, about finance, Asian crisis, all kinds of different vantage points. Martin, thank you for joining me, and thank you for writing this book. I’ve had the good fortune to be able to review some of the chapters, and I’m very excited today to be able to be with Martin and impart his wisdom and insights to all of you. It’s to be released in the United States, I know, around the 7th of February, Penguin Press.
I’m here today with Martin Wolf, the well-known and extraordinary columnist with the Financial Times of London, to explore his most recent and, I must say, very powerful book, The Crisis of Democratic Capitalism. I’m Rob Johnson, president of the Institute for New Economic Thinking.
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