ADAM TOOZE

The fiscal deficits that the EU member states ran in 2020 are large but fully appropriate. NOT obvious why a 2.5% fiscal tightening is what

The assumption seems to be that German constitutional court will not put up a roadblock to NextGenEU, this learned piece by Riedl suggests otherwise. @lucasguttenberg

@policytensor @gideonrachman Predictably @alanbeattie great on the reckless quality of Beijing’s reaction. Kinda mind-blowing Begs question of whether they were serious about CAI in first

@policytensor @gideonrachman Right now: Zero chance. So long as Beijing is sanctioning parliamentarians it is no go. ip-quarterly.com/en/fragility-e…

@meadwaj @PikettyLeMonde Precisely. The narrow funnel. An extraordinary escalator for a tiny fraction of working class and lower middle class kids.

@PikettyLeMonde Even more remarkable declining share of public funding in UK HE goes hand in hand with HUGE expansion in enrollment from 1990s. The publicly

One thing the ECB does not have to contend with right now is strong market sentiment driving up the euro. Distinct shift from H2 2020.

The recovery in consumer inflation expectations in the US puts them back at the 1998-2014 average of 2.7%. thedailyshot.com/2021/03/29/the… https://t.co/KdTg4E8Wul

RT @IPQuarterly: Out now: Our Spring 2021 Issue "The EU-US-China Triangle" w/ @adam_tooze @torrey_taussig @Bkerrychina @noahbarkin @Jac…

Rather like the Turkish cover of Crashed. twitter.com/osmnycl/status…

The lowflation problem in the US is driven above all by durable goods. Less nondurable. Certainly not services which tick steadily along at 1.9%. thedailyshot.com/2021/03/29/the…

US consumer sentiment is hugely influenced by partisan sentiment. The current rating is not bad given the shock of Trump defeat to the GOP base.

@lugaricano You are RIGHT. With Crashed my big worry was Trump would spoil the release with a nuclear confrontation with North Korea … 😉 Now

@lugaricano Yeah … but these really are not bank balance sheets in 2007-8. REALLy not … he says as he rocks nervously back and forth!

@lugaricano And what if said economic historian had already written a history of 2020 which ended in February 2021 … 😉 arggh. Ive got a

@OliverBullough @b_judah Thank you A

RT @jfkirkegaard: insisting on a numerically close to meaningless "reciprocity" just as EU vacc supply is about to pick up? @EU_Commission…

RT @jfkirkegaard: A good news story is – despite it all – the acceleration in FR vaccinations, as gov appears to be using virtually all

RT @jfkirkegaard: DE situation relatively worse, as vacc utilization remains only ~80%, which if maintained in Apr ~420k/day. BUT if DE rea…

RT @jfkirkegaard: Overall EU vacc supply news very positive and indicative of reaching the EU target of 70% of the 18y+ population by end-Q…

I agree. NextGen EU is in many ways remarkable and the national fiscal/ECB monetary cooperation in 2020 was a HUGE step forward. The questions are

Perhaps the Eurogroup is listening? @ErikFossing @MESandbu @RobinBrooksIIF @ChrisGiles_ twitter.com/Paschald/statu…

RT @danedels: @adam_tooze @FukuyamaFrancis Pretty fitting, since La Vache qui rit is essentially the End of Cheese.

Angela Merkel is involved in a battle royal with party barons of her own party over COVID policy. Stick this through translator for excellent analysis.

RT @TonyTassell: "What on earth were some of the world’s biggest investment banks thinking?" – @RobinWigg column here on the Archegos blow-…

One for @ediecontooze twitter.com/olgatuleninova…

1st translated edition of Koselleck’s Critique and Crisis, appeared in Spanish with the publishing house of Opus Dei, presumably as a manual on how to

@pesasymedidas @GorskiPhilip Thank you I could not find it.

1st translated edition of Koselleck’s Critique and Crisis, appeared in Spanish with the publishing house of Opus Dei, presumably as a manual on how to

"Reasonable is he who avoids the state of exception." Odo Marquard https://t.co/ne7wUapxTt

Carl Schmitt and Ernst Jünger. pinterest.cl/pin/3300300975… https://t.co/GjEM6QgTD2

RT @doctorow: Title: The original tourist booklet from the longest train route in North America, Canadian Pacific’s The Canadian. The same…

RT @ummodern: Former Fed governor Robert Holland’s 19914 warning on the Fed’s reliance on investment banks for managing systemic risk event…

@oruzmek @ILcornfarmer @Huntington_bus @amel_ss @joaopedropedote @ChrisTrainor2 @MarcSteyn @Armando88113158 @graysoncompany @CharlesMagiri @mustafa_h7700 Sorry. I will change password.

True and effective! @ILcornfarmer @Huntington_bus @amel_ss @joaopedropedote @ChrisTrainor2 @MarcSteyn @Armando88113158 @graysoncompany @CharlesMagiri @mustafa_h7700 https://t.co/0FnQxP2NgJ