The Economics Show The Wolf-Krugman Exchange: The economy in an uncertain world
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Jun 18, 2025 
Join Nobel Prize-winning economist Paul Krugman, a professor at CUNY and a keen observer of economic trends, as he converses with FT's chief economics commentator, Martin Wolf. They dissect the looming global threats posed by political unrest, particularly at the G7 Summit amid U.S. civic tensions. Krugman highlights vital trade dynamics, especially with China, while addressing America's changing role in global leadership and the need for innovative strategies in a complex world. Their exchange is both critical and insightful, shedding light on today's economic puzzles.
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New York No Kings Day March
- Paul Krugman attended a No Kings Day march in Manhattan with creative protest signs.
- The event highlighted local cultural quirks, like Manhattan being officially Kings County.
US Political Crisis and Response
- The US faces an unprecedented political crisis with mass protests and militarization attempts.
- Despite disheartening events, widespread demonstrations show American democracy is not lost yet.
The G7's Ambiguous Role
- The G7's role remains unclear but mainly serves as a platform for leaders to build trust.
- Personal trust is currently low, limiting the summit's impact on global economic coordination.