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Intelligence Squared · 2026-02-16 · 36 min · 5,425 words

Is it Game Over for Keir Starmer? Martin Wolf for The Intelligence Squared Economic Outlook 2026 (Part Two)

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Welcome to Intelligence Squared, where great minds meet. I'm producer Mia Sorrenti. Today's episode is part two of our recent event with Chief Economics commentator for the Financial Times, Martin Wolff. As part of our Intelligence Squared Economic Outlook series, Wolf joined us to explore the forces which will shape the world economy in the year ahead, from Trump's aggression on the world stage to the rise of populism. The Intelligence Squared economic outlook is produced in partnership with Guinness Global Investors.

For those who don't know, Guinness Global Investors is an independent British fund manager that helps both individuals and institutions harness the future drivers of growth to achieve their investment goals. Now if you haven't heard part one, we recommend jumping back an episode to get up to speed. Now let's return to the conversation live from Smith Square Hall in Westminster. You fear populist economics. Well, the there is a lot of I referred to this in one of my columns.

There's some very, very good economic research on this, and the the best uh paper by far is a very rigorous analysis of populism as thus defined from the last hundred years, and it's remarkable how many cases they put together. of left-wing and right-wing populism. And what they conclude is very interesting, and I think it makes sense, both over a period of about 15 years, it's very difficult to get rid of a populist government when it sits entrenched. It tends to last a long time because, among other things, they tend quite systematically to subvert electoral institutions, which are one of the things they regard as a plot against their people. Yeah, Donald Trump has been rather clear about this quite recently, and not just quite recently.

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