ADAM TOOZE

On Shock Therapy in China and Eastern Europe this meta-review, Chartbook #37 adamtooze.substack.com/p/chartbook-37… twitter.com/mmpiatkowski/s…

RT @lea_ypi: Rosa Luxemburg is now in the Stanford Encyclopedia of Philosophy! I wrote the entry and it covers (or tries to cover) everythi…

RT @MuBuMiner: Latest donation of #coalmining books & documents, from a local history colleague. Mainly about East Midlands coalmining, som…

RT @PeterContiBrown: We at Wharton’s Business, Economic, and Financial History project cannot wait to welcome @KalebNygaard, who will join…

RT @alexandreafonso: One clear relationship: the share of manual workers and the Le Pen vote share last weekend. https://t.co/quxW7N0VXd

You might think that Shanghai lockdown would be driving freight rates crazy. But so far no sign of that, as @senoj_erialc points out. Chartbook #112

The distinctive thing about current inflationary moment seems to be the extraordinary mixed signals being generated by a. normalization of post-COVID situation b. New COVID

Inflation is biting, but will it last and what will be the drivers. Chartbook #112 just dropped pulling together work by @M_C_Klein @senoj_erialc @SoberLook @RobinBHarding

The governor of Texas is facing growing calls to abandon a vehicle inspection programme that has led to blockades and long queues at Mexico border

Dangerous unanchoring of wages? Wage-price spiral? Return to 1970s? None of above! Us real weekly earnings now below pre-COVID trend. So inflation = enemy#1? Hike

Before the current crisis, members of the Rajapaksa family headed up a third of Sri Lanka’s 28 ministries, including Mahinda as prime minister ft.com/content/70dd26… https://t.co/QJjQInRxC6

When we write the history of the Biden admin’s pivot to fossil fuel productivism gas-executive Hochstein and “war footing”-Granholm will have key roles. ft.com/content/048ea2… https://t.co/1ysxRAOkOc

So we aren’t supposed to call this transitory, so what are we going to call this? The inflation hump? Spike? thedailyshot.com/2022/04/13/rea… https://t.co/rY7NMuhXpx

“The crisis is a creation”: Smart activists protest against rising living costs outside the Central Bank of Sri Lanka in Colombo on March 30! ft.com/content/70dd26…

Do those calling for severe rate hikes think that the best way to address America’s inflation is to squeeze the living daylights out of the

Do US petrol prices warrant an emergency response? Obviously if you are the Biden admin facing midterms and down in polls. But in real terms,

Greece’s public debt may touch220% of GDP. European planning assumes primary surplus from here until 2060 of 2.2% of GDP. According to IMF, no country

Given how blasé the West has become about COVID there is a risk that we ignore the significance of the drama in Shanghai for supply

Do not bank on a fix. Sri Lanka’s meltdown is political, economic, financial & predictable IMF & China need to cooperation on a bailout that

“You can’t have an energy transition if you’re in the middle of an energy crisis,” Discuss. Do you agree with @JasonBordoff rationalization of Biden response

If Greece’s future through 2060 is one in which it remains at substantially lower GDP per capita than Northern Europe, this has huge implications for

Another day, another call for central bankers to pay attention to financial stress in commodity markets! But how big is the problem really? ft.com/content/f79459… Check

Say what one must about Erdogan’s financial management, Turkish industrial production is robust nonetheless! thedailyshot.com/2022/04/13/rea… https://t.co/HDl51J3wVE

Officials representing South Korea’s conservative president-elect have announced a shift in the country’s energy policy, halting a gradual nuclear phaseout plan ft.com/content/ad9fe5… https://t.co/OwIhxCEFOR

"Greece's accession to EU in 1981 was followed by twenty years of stagflation, destabilisation and ineffective economic adjustment” lse.ac.uk/Hellenic-Obser… This is one of the stark

Big moves in the currencies of major pieces of the global financial system is not a risk we have had to deal with much recently.

RT @BarryHoogduin: @adam_tooze Agree, but French nuclear fleet hasn't been performing too well lately. Constant outages because of old mate…

France has credible energy system, however imperfect. An agro-industrial core with strategic value. Armed forces worth name, and nuclear deterrent. Germany lacks all of this

Would a ban on Russian gas cause a major recession in Germany? Depends how you define major. @kielinstitute says it would mean -2.2% GDP &

Bitter irony in fact that 2 conservative govs in Greece have launched giant stimulus programs – 2008 & 2020 and this time around ECB/EU have

RT @VersoBooks: In order to perpetuate the experience of the past other than as a museum object, depoliticized and depoliticizing, it must…

Bitter irony that two times – 2008 and 2020 – conservative governments in Greece responded to severe crises with massive fiscal stimulus. In 2009 PASOK

Under debt surveillance regime that still defines Greece’s finances more than a decade on from 2008-15 crisis, one thing is clear: There will be no

RT @EteronorgEn: .@adam_tooze joined @gsakellaridis, director of Eteron – Institute for Research and Social Change – for a conversation in…

What about Greece? Charting a future beyond the debt crisis. Chartbook #111 just dropped Digesting a visit to Delphi and Athens courtesy of @EteronorgEn adamtooze.substack.com/p/chartbook-11…