After a divergent history in 20th century, in 21st century UK and US debt/gdp levels have converged to a striking extent! thedailyshot.com/2021/07/01/us-… https://t.co/gsT4vGwBFb
RT @SDullien: Der @derspiegel berichtet vorab über den neuen @IMKFlash Policy Brief von @KatjaRietzler und mir, der die Spielräume für vers…
"we’re still not talking about trusting anyone’s fiat. We’re talking about credit analysis, at banks, Fed, Treasury. So, please: let’s stop calling it fiat money.
Macroeconomics, technocracy and history-making. Chartbook Newsletter #25 Musings on WWII, WWI, Deluge, Wages triggered by a conference in Moscow hosted by @ranepa_eng adamtooze.substack.com/p/chartbook-ne… https://t.co/TMvZHPA38Y
"The first description I could find of money as “fiat” comes from John Stuart Mill, the English philosopher, in Principles of Political Economy.” EXCELLENT this
RT @nicksiem: As for translating warnings in the subjunctive about consequences of military attack, I always thought Stalin's line was "we…
This was a really interesting conversation with @YanjieHuang_ny My thanks to him for setting up the interview. twitter.com/XeniSheng/stat…
The massive drop in household spending since the start of the pandemic was the reason the UK GDP underperformed thedailyshot.com/2021/07/01/us-… https://t.co/MGIMtfnnU9
RT @ianbremmer: With less than 6% of the population, South America has suffered one-third of the world's COVID deaths. @gzeromedia #Graphi…
Who makes history and on what terms? Three times in World War II – in 1940, in 1941 and in 1942 – the armies of the Third Reich made advances so spectacular that they unsettled the global balance of power and threatened to reorder the world.
Germany’s conquests triggered FDR’s armaments drive, the first step towards the United States becoming the military hyperpower that it is today. Down to the present, this serves as a benchmark – including for advocates of the Green New Deal – of what America is capable of, if it when puts its mind to it. In Asia the defeat of France and the Netherlands unleashed a chain reaction that led to the fall of Europe’s empires. Had Nazi Germany found a new form of geopolitical leverage? Was Blitzkrieg a kind of revolution? Had Hitler’s Germany found a way to undo the iron lock, apparently established by World War I, that tied global power to economic predominance, the iron lock that secured Anglo-American hegemony?
RT @Prakashzone: The Princeton University Press paperback! https://t.co/X5TWxqeupq
@JoshuaPotash Wouldn’t it be fun if when they returned they discovered that we had decided on a targeted carbon tax to the tune of well
RT @JoshuaPotash: I actually don’t think we’re angry enough about rich people going to space while the world burns
@BloodPhilip @jingo_strange @Alan_Allport And all the more interesting for that … at least that would be my take.
Delhttps://thedailyshot.com/2021/Delays at US West Coast ports continue at very high levels. Habituated to the ubiquitous availability of everything, it is disconcerting to discover that stuff
RetireREhttps://thedailyshot.com/Retired as % of employed took off in the US in 2008 and SURGED in 2020. @CapEconGlobal via @SoberLook 2021/07/01/us-west-coast-port-delays-persis/ https://t.co/kNQaIiuQ3X
RetireREhttps://thedailyshot.com/Retired as % of employed took off in the US in 2008 and SURGED in 2020. @CapEconGlobal via @SoberLook 2021/07/01/us-west-coast-port-delays-persis/ https://t.co/CrAs860Hgi
Impressive if true. Tigrayan forces had struck back v. Addis. twitter.com/ThomasVLinge/s…
How you calculate inflation since the 2020 shock depends on whether you allow for changing patterns of spending. thedailyshot.com/2021/07/01/us-… Pairs well with Chartbook Newsletter #22
RT @xtophercook: @DavidKeo @adam_tooze I was taught by someone who guarded him at Spandau, and his considered verdict was: “He was quite ni…
All the challenger powers of the 1930s engaged in unprecedented military mobilization. I dedicated Wages of Destruction to the Nazi regime. But for transformative coercion
"Why did you start your label Majör Müzik Yapım … When I went to jail for my songs, they also arrested the label manager who
Controlling inflation is one of the keys to China’s modern political economy, as @IsabellaMWeber has so productively reminded us. Richard Burdekin one of the key
"Embracing Uncertainty: Guerrilla Policy Style and Adaptive Governance in China” What a fascinating thesis from Heilmann and Perry hup.harvard.edu/catalog.php?is… https://t.co/5QzBOFVMs9
@ProfessorAnton @policytensor I did audio recording of preface and intro for Wages of Destruction just a few weeks ago. I imagine by end of summer.
Yes. I was thinking of that. Thinking of doing a post on Fordism soon. Looking forward to really getting into it. twitter.com/LiatSpiro/stat…
“as pandemic passes, we need to shift focus from preserving economy to transforming it. This will require us to redirect spending by both public and
A dialectical escalation of military spending marked the arms race of the 1930s as qualitatively new. Insurgents competing with each other and the incumbents. Chartbook
Former Goldman Partner to List 15k square feet Manhattan Mansion at $80 Million Which would make it the most expensive private home sale in the
@alexgourevitch @policytensor Thanks. Future plan.
Broadberry’s The Productivity Race has to anchor any approach to trans-Atlantic economic history in the 20th century. cambridge.org/core/books/pro… Chartbook Newsletter #25 on WWII and economic
Nicely digitized copies of US Strategic Bombing Survey reports can be downloaded form Amazon to kindle for $5 a pop! Made my morning. amazon.com/s?k=Messerschm… https://t.co/6xfbe6MFvN
Deluge was a prequel to Wages of Destruction. But as @policytensor has long urged there was a gap btw them in treatment of SU. Deluge
I have a bit of an obsession with Albert Speer. But it isnt the personality, or criminality that fascinate. It is this perverse moment of
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