ADAM TOOZE

Systemic rivalry: The EU foreign policy apparatus is waking up to need to formulate policy v. “distortive effects o… https://t.co/6CHwIMzaU6

The impact of Cyclone Idai is being felt across southern Africa Especially in Mozambique, Zimbabwe with Malawi suff… https://t.co/79lEReaE3k

The kind of deficit you feel fine about: gov investment accounts for 90% of Canada’s gov deficit 2010-2017. @cibc v… https://t.co/WyIKjabOzL

I am a bit puzzled by @KatharinaPistor response. The piece acknowledges variety of forces in play. But one can hard… https://t.co/xEdzdqRquP

Following crisis of 2018, private bank credit in Turkey is still contracting, but the crunch is offset by lending b… https://t.co/PWSnOdGBfV

@KatharinaPistor Structural differences are real of course. But they are not a satisfactory explanation for the sur… https://t.co/CETuSUdpat

Before history had ended: Alexandre Kojève in French uniform during the phony war, 1940. From fascinating essay by… https://t.co/QuSbQycuY4

Profits in excess of cost of capital are concentrated in top 10% of global firms. 70% barely do more than cover cos… https://t.co/MOFmFSip7q

The median age of Europeans is 42 = twice the median age of African neighbors, where median age is only 18! @wef vi… https://t.co/YXLs8R0hzg

Before history had ended: Alexandre Kojève in French uniform during the phony war, 1940. From fascinating essay by… https://t.co/qKOnoYQMg8

Why no full employment mandate for the ECB? Did a column for @socialeurope on the ECB and its mandate… https://t.co/brDNTvSOS3

Profits in excess of cost of capital are concentrated in top 10% of global firms. 60% merely cover cost of capital… https://t.co/6QPPmll1t5

The falling rate of US labour market participation v. Europe with far worse demography is remarkable.… https://t.co/V8BxSyBLBJ

@InncentBystndr @WhiteyShlomoG I won’t deny I’m partisan. But it is the process itself that is so incredibly dysfunctional.

"What are central banks for?", asks @adam_tooze. The final two paras on why legal mandates matter make a very impor… https://t.co/hQ6NZWLsdv

The median age of Europeans is 42 more than twice the median age of African neighbors which is 18! @wef via… https://t.co/092pnv9cH2

Next stage in evisceration of US fiscal capacity. Estimates of Fed revenue through 2024 are down by $2trn since 201… https://t.co/qLvYsObeRT

The extent to which the US budgetary process is broken is hard to exaggerate: White House lays out its “budget prop… https://t.co/iWL6rCGRby

In Europe mortgage securitization was an option in the US IT IS THE SYTEM. Non Agency reestablishing itself in rece… https://t.co/6PMcILW1KZ

Delighted that Crashed won this very cool German prize for Wirtschaftspublizistik from the @FEStiftung delighted to… https://t.co/Y15fFNr4yQ

On the politics of monetary policy, democratic iterations (Benhabib), the struggle to revive the legacy of Coretta… https://t.co/PADw7u0Zki

Useful round up by @bobdavis187 of latest batch of skeptical papers about China’s growth record. A closer look at V… https://t.co/zaAhYOStwi

In 1990 New Zealand’s central bank provided the model for the new era of single target inflation-targeting central… https://t.co/Ez8dpk1XCp

@mjturner1975 @OstrumAM @SoberLook historically it did!

@marcmakingsense @OstrumAM @SoberLook nope. dont think so, which is why i formulated the tweet as cautiously as I did.

@sjwrenlewis Or, as I argue in my book, using precisely the same argument (no more divine coincidence): maximize gr… https://t.co/fjzvas0gxk

Why protectionism is such a scary word for Europeans! Their economies are FAR more trade exposed than is the US.… https://t.co/jmQRfK1MjQ

"Forecast errors and monetary policy normalisation in the euro area” by @ZsoltDarvas is a devastating review of gap… https://t.co/A8Oyz0cIQy

As American labour markets have tightened it is the bottom half of the wage distribution that has done relatively b… https://t.co/gDL5ujSCsU

@OpenVeinsUK @martinwolf_ Good question! If I wrote the book a 2nd time and had one more chapter to add It would be… https://t.co/ZP4ugYxRZZ

@majorosgy I take your point and hint at it in the essay. But isn’t the crucial thing to make them politically answ… https://t.co/cu9IsKeft6

The surge in government spending in OECD countries in last half century is accounted for entirely by health and old… https://t.co/x77HHfZZGi

Why no full employment mandate for the ECB? Did a column for @socialeurope on the ECB and its mandate… https://t.co/C96jpsKIyK

Good piece on why Beijing’s large-scale tax cuts and spending may not accomplish as much as in 2008 https://t.co/AGFrZZBqnm