In this final episode of their series for the FT's The Economics Show, FT chief economics commentator Martin Wolf and Nobel laureate Paul Krugman consider listeners’ questions and comments ranging from a critique of globalisation, increasing inequality and plutocracy, the global appetite for US federal debt, China’s economic future and much more.

This is a repeat of an episode published on The Economics Show, a sister podcast of FT News Briefing, on December 17, 2025

Subscribe and listen to this series of The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts.

Read Martin’s column here

Subscribe to Paul’s substack here

Find Paul’s cultural coda here.

Find Martin’s cultural coda here.

Produced by Mischa Frankl-Duval and Josh Gabert-Doyon. Manuela Saragosa is the executive producer. Tom Hannen is the video editor. Sound design and original music by Breen Turner.

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The Wolf-Krugman Exchange: Power, plutocracy and political economy

FT News Briefing