This is the first of a series of fortnightly posts on the new Martin Wolf Exchange. From now on comments on my columns will be appended to the columns themselves. I will continue to try to comment, when I feel moved to do so. In this forum, however, I will open the discussion of a topic that I am thinking about. My aim will be to elicit views of readers. I will give my own response to the question I have raised, before posting the next issue for discussion.

Martin Wolf's Exchange My first topic is a little arcane, but important: it is the view of the crisis given by Austrian economics.  Read more