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@GhoshAmitav Thank you Amitav (If I may). Truly honored.
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@WiseTenderSnob Thats extremely well put, if I may say. I might borrow that if I may 🙂
@WiseTenderSnob Yup. But it cuts both ways. The actually doing … that is the question.
World War II – an ideologically motivated total war – acted as a solvent for Victorian common sense about budgetary orthodoxy etc. Check out Chartbook
"Anything we can actually do we can afford.” This Keynes quote has been rattling around my head. Chartbook #34 uses it to hook up Deluge-Wages
RT @glw1954: Why didn't someone tell me about Adam Tooze a long time ago? Every progressive should read this. Chartbook #34 How w…
RT @MkBlyth: @adam_tooze I think it went exactly as it should. The Stiglitz/COW framework is Swabian economics. We need to drop that – fast…
RT @eric_weinberger: What @adam_tooze develops is a historical and economic argument that becomes a problem in politics and communications:…
@realityisralph @rupert_russell Sure. And then read the most prominent economic critics of the War on Terror and guess what you find …
RT @rupert_russell: ‘The problem is not that we could not afford the wars, or that we paid for them on credit card. The problem is
@MkBlyth Thanks Mark. What I was struggling with was precisely the disconnect. Thinking x and thinking y and being concerned that they didn’t quite go.
RT @MkBlyth: Somehow @adam_tooze manages to bring MMT to bear on the accounting for Afghanistan and the wider costs of war, and to good eff…
RT @MPBHH: Another excellent Chartbook #34 Don't forget to subscribe for future editions. How we paid for the War on Terror, by @adam_to…
@dschnaepp Oh truly not. One thing Germany does not have to be ashamed about. 🙂
@McCaineNL OMG it is such a gift …. A forever powerpoint slide if there ever was one!
The black zero complete with leather boy cap. Is this a comedy account? In which case kudos! Germany’s “Conservative party” says it stands by its
For real?????? Germany’s CDU owning its fetishistic relationship to the fiscal black zero. Can this be for real?????? Imagine the US equivalent. Someone better tell
For a moment I thought we were talking about a late night talk show … and then I realized this was Pepys talking about THE
Other than fighting financial crises (which was more contentious) War on Terror was by far the largest collective project of America’s elite over last 20
@cbeyzad @t0nyyates Its a spectrum certainly. Crucially depends on what currency you borrow in etc etc. No reason to re-litigate that here.
RT @buitengebieden_: This guys dream was to ride in a Lamborghini. I thought the driver was annoyed but he’s fighting tears.. 🥺 🎥 IG: an…
@eric_weinberger Dont deny it. This is an exercise in getting our own heads clear.
@t0nyyates Absolutely d’accord. It is a point I make in the post. The problem is starting from that assumption as Stiglitz et al did.
How do we formulate a critique of War on Terror spending that does not take us back to the householder fallacy? I was so possessed
Wanna worry about inflation? Look to the big EM: Brazil consumer prices are 9% higher. In Russia inflation is 6.5%. In India, above 6%. Poses
@mirell1993 Just quoting @TheEconomist who are invoking the Goldman Sachs index. Struck me as kinda amazing too.
Chartbook #34 How we paid for the War on Terror, by @adam_tooze Gotta say I really care about this one. Crucial line of argument on
China’s lockdown stringency to fight Delta is now at the same level as in April 2020! And it is showing in a slowdown in the
Drought almost seems too puny a word to describe the water scarcity that the south-west is experiencing. “In some ways drought implies that it’s ephemeral,”
Locals call it the “bathtub ring”. A white strip more than 150 feet tall encircles the turquoise surface of Lake Mead, America’s largest reservoir, showing
Whether it is the influence of Robert Parker or the climate, the rising alcohol content of red wines is human-induced! @JudithREvans et al ft.com/content/ea95c4… https://t.co/2BzTwQdHUm
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