ADAM TOOZE

End of an era in Alaskan oil: In 1977 BP pulled off remarkable feat of pumping oil out of Prudhoe bay to Valdez te… https://t.co/YOG3rkjXYa

When price of Brent crude surpasses $100/b c. 90% of world’s oil can be extracted with return on capital of > 10% A… https://t.co/2BEw4tdWvH

Global corporate tax debate will stir up G20 finance ministers meeting next week. Excellent explainer from… https://t.co/48z7wsDb60

In 2017 40% of profits made by MNF outside their home country were shifted to tax havens -> $200bn in forgone tax =… https://t.co/ewwIyxRuLQ

interest rates WAS the lever the Fed could most reliably pull => housing WAS the transmission mechanism => housing… https://t.co/dzSQPhbI2r

Housing WAS the American business cycle. But as scale of investment relative to GDP has declined, population growth… https://t.co/EQNn510uU0

As a case study in all-American ideology Walter Russell Mead’s puff piece on Biden’s foreign policy guy Blinken is… https://t.co/bc7WRR53bx

This day in 1944 US forces took St Lô which had been devastated by Allied bombing. In 1946, Samuel Beckett wrote a… https://t.co/zeWmhqvmdW

"The origin of this absolute negation can only be the absolute dread inspired by the given World, or more precisely… https://t.co/F7jQtauxbj

How bad will COVID be for insurers? They like to insure risks like earthquakes that do not happen everywhere at onc… https://t.co/9hkaS3gY6L

"America can bring reluctant partners like New Delhi and Beijing along on climate change even as it pressures them… https://t.co/8yG343fLvr

What Wall Street’s results tell you about America’s economy The panic has been calmed, and the economic pain deferr… https://t.co/xLrze1bh8q

If you are what you eat (Feuerbach), then it follows … oh no! Ugh! Really … yup! You can learn a lot from poop. Fo…

2-dimensional materials (yup!): sheets of carbon et al that are one atom thick. Very useful for all sorts of applic… https://t.co/Dyj7FYcRHY

Very sadly, #OnThisDay in 2004, the great Paul Foot died. Among his many achievements, was cutting through Enoch Po… https://t.co/GVkZM8wVB3

America’s economy did not exceed China’s in size until the 1880s, according to the Maddison Project at the Universi… https://t.co/INLOPdrmKn

China Shock: In 1708 Johann Friedrich Böttger managed to make porcelain outside China for elector of Saxony (hence… https://t.co/2Wv9p4vlal

"McDonald’s was once a symbol of America’s economic might. Now the Big Mac shows how its might is being surpassed.”… https://t.co/kG2uhqdAbY

“I began to realise that even if the professors leave politics alone, politics won’t leave the professors alone.” J… https://t.co/UuqrQgE2jU

"What are Chinese characteristics? This is Chinese characteristics. The system under the leadership of CPC is ours,… https://t.co/6l9Zv10psJ

$91 trillion = value of global natural wealth in 2014 according to Inclusive Wealth Project sponsored by UN directe… https://t.co/FfFZvORxOS

2 modes of power displayed this week: Trump in Rose Garden – I will speak about whatever I want, however I want, b… https://t.co/OovjZdDRZ5

Fears of a Hong Kong brain drain are increasing after China moved to tax its ex-pat citizens' global income, at nor… https://t.co/c2MxXTPzxx

Is South Korea Really a Liberal Country? The liberals’ primacy is unprecedented and likely long-term. But is it per… https://t.co/0rRg0ASZCT

Thanks to America’s 19th-century mining laws, the country is littered with heavily polluted abandoned mines. Very c… https://t.co/kxiDTTqyyN

"Camo economy”: In 2019, the Pentagon spent$370 bn on contractors, more than half the $676bn defense budget = 164%… https://t.co/TJ2TEg5ljb

"In the age of Xi, China pundits have been asked to become overnight experts on ideology. But which definition of i… https://t.co/2d3T2xm4Jt

Eric Schmidt 2020: “In recent years, Americans, Silicon Valley leaders included, have put too much faith in private… https://t.co/okH63z08NE

Is South Korea Really a Liberal Country? The liberals’ primacy is unprecedented and likely long-term. But is it per… https://t.co/uSvgXlWKBp

Thanks to America’s 19th-century mining laws, the country is littered with heavily polluted abandoned mines. Very c… https://t.co/CbDU2rV896

Cost-type contracts give the Pentagon flexibility in contract relationships but they are VASTLY expensive which is… https://t.co/snozVkFtjc

"In the age of Xi, China pundits have been asked to become overnight experts on ideology. But which definition of i… https://t.co/hjI50ITQzy

"Camo economy”: In 2019, the Pentagon spent$370 bn on contractors, more than half the $676bn defense budget = 164%… https://t.co/1KVvpE4Ydp

Eric Schmidt 2020: “In recent years, Americans, Silicon Valley leaders included, have put too much faith in private… https://t.co/tT3uUF4QIW

"Since @bankofengland bought £200bn in bonds in 2009, it has restarted purchases whenever the UK has been rocked by… https://t.co/yHtqPkhRMm