ADAM TOOZE

In Dec 1948 Henri Cartier-Bresson captured the panic of the crowds in Shanghai during the mounting hyperinflation. Chartbook Newsletter #26 on the background to the

In December 1948 rioting convulsed Nationalist-ruled Shanghai as hyperinflation undermined their grip on power. Chartbook Newsletter #26 on the historic background to the CCP’s inflation-aversion.

RT @StephenPaduano: In which @adam_tooze leads us through a riveting, multimedia, intellectual exploration of China’s wartime economic hist…

RT @ThiagoKrause2: @nemoid321 Vale ler o @adam_tooze sobre: adamtooze.substack.com/p/chartbook-21

RT @arpitrage: Great @adam_tooze post today about the Chinese experience with hyperinflation. One wonders whether a bit more state capacit…

@arpitrage Thank you!

RT @MPBHH: @adam_tooze As I recall 混乱 Hǔnluàn ( approx. mayhem / disorder) is the term used in this context. Another great compendium, tha…

Underappreciated fact about China’s political economy. Between 1937 and 1949 it suffered a hyperinflation worse than that of Weimar Republic. One of CCP’s key claims

Why is Beijing so conservative when it comes to inflation? It’s a legacy of the civil war period. Chartbook Newsletter #26 on China’s 1937-1949 hyperinflation.

Chartbook Newsletter #26 On China’s hyperinflation of 1937-1949 just dropped. adamtooze.substack.com/p/chartbook-ne… https://t.co/T37w1bXWco

"U.S. Treasury Sec Janet Yellen signaled she’ll prod multilateral development banks to rein in their lending for fossil fuels, part of a global effort to

Idea of "working-class red wall is an ideological concoction that benefits Labour’s enemies. It makes little sociological or psephological sense. The fragment of the past

"Labour’s ‘Buy British’ policy isn’t nostalgia – it’s a smart response to new realities”. Biden, Xi, and UK’s former European partners all do it. Is

"the belief that working-class people traditionally voted Labour has only been true (and barely so) for a mere 25 years of British history, and a

“UK was consistently among lowest spenders of permissible state aid in EU. In 2018 France spent double UK’s figure and Germany six times as much,

A number of carefully controlled studies show that domestic abuse spikes in England when the national team lose. fullfact.org/crime/world-cu… https://t.co/WZlCLys6AE

RT @janmpdx: J. W. von Goethe's study as he left it. Francis Bacon's studio as he left it. https://t.co/spxWGgiaUm

RT @toddntucker: The US now has a significant trade deficit in many major categories of auto parts. https://t.co/Uhum8mx1fK

RT @toddntucker: The net result of foreign-owned US production, increases from NAFTA imports, and a more or less steady share of imports fr…

RT @toddntucker: Several things have changed. One, the ownership structure in US production has shifted away from US-owned to foreign-own…

Some anniversary: Humanitarian agencies calculate that a South Sudanese girl is more likely to die in childbirth than to complete secondary school. economist.com/middle-east-an… https://t.co/KObc98f7zl

Cannabis is grown on 73,000 ha of land in Morocco, mainly in Rif mountains where it key to an impoverished economy in once rebellious region.

Since 2019 Iran has accumulated 3,000kg of uranium enriched up to 5% purity, enough for several bombs if enriched further. Over 70kg is now also

"On July 3rd a Vatican judge sent ten people, including a cardinal, Angelo Becciu, for trial on charges including embezzlement, abuse of office, extortion and

"Throat surgery is known by a newly popular acronym: it is an AGP, or Aerosol-Generating Procedure.” economist.com/britain/2021/0… https://t.co/POeCDS5uSM

Britain’s car industry is finding Brexit far less of a problem than expected Dollops of government cash are a big part of the reason Interesting

Population of all prison inmates worldwide rose by 20%, to 10.4m, 2000-15. Btw 2000 and 2014 numbers serving life sentences rose by 84%, to 479,000.

"Just when climate change is making investing in oil unfashionable, shale industry is finally becoming investable.” How? By restricting production even in face of rising

Airlines total annual losses may hit $48bn in 2021, on top of $126bn in 2020. But there is a wide variety of performance. US and

"on balance, higher inequality makes monetary policy less powerful in stimulating economic activity. Across countries, when inequality is higher, the cumulative impact of a monetary

“[I have] seen first-hand the havoc that high inflation can wreak on the poorer segments of society when I grew up in Argentina,” Claudio Borio.

Not just Paris: Iran’s ambassador to the un, asked for “assurances that…the us will not, once again, withdraw from the JCPOA”. American officials say it

The Invention of Sicily A MEDITERRANEAN HISTORY By @JacMackay Looks gorgeous and like perfect summer reading. versobooks.com/books/3793-the… https://t.co/YNv4Y2GUWv

Emiratis & Saudis have vast excess capacity for oil production. With oil end game in sight they are taking different strategies. UAE wants to monetize

When you buy gov bonds in exchange for bank reserves at central bank you are replacing long-term with short-term liability on public balance sheet ->

Which was the first nation to convert its tank fleet to diesel power in the 1930s? Soviet Union, France, Germany? … nope! Japan. Truly fantastic