ADAM TOOZE

Profit share in US economy surges as both cost of capital and labour declines in relative terms and “rents" increas… https://t.co/P2yZRph5cA

Pettis on why in China econ activity is NOT = value creation & why China’s stable rate of growth is closer to 3 % https://t.co/2IS31Nppkm

Cashing in on dystopia: @Macquarie in @FTAlphaville recommending: AI, tech, prisons and possibly opiates… https://t.co/WYO1eaAcRH

Bursting a bubble: Labour costs in Ethiopia are low. Some Chinese money is flowing but manuf is not driving growth… https://t.co/3i8tBPJui2

British politics in a nutshell: Homeowners – Con 53 Lab 32 Renters – Con 31 Lab 51

Fed’s "allegiance to what’s considered “normal” harms a lot of people, black Americans in particular.” Kocherlakota! https://t.co/wAaImrG4gW

As usual it is airports, flight times and private jets that set Larry Summers going on infrastructure https://t.co/1kGnr5tQjG

AEI-Brookings looking long and hard at Paid Family Leave. I mean, does anyone else offer those kind of luxuries?… https://t.co/DPgWIcRZ6a

“full employment” in US right now? OECD data throws some light on how far the US is behind possible frontier… https://t.co/ew6ro2lj5c

Highly leveraged firms in countries most exposed to Lehman shock saw largest fall in TFP growth post-crisis… https://t.co/hMLZ4gdkJ6

India’s sterling claims as a result of WWII. Object of bitter contention. How were they unwound? Fascinating essay… https://t.co/1wJD3692uM

In 1770s cooper sheathing had huge impact on efficiency of ocean travel and slave trade: faster & lower mortality… https://t.co/gqWPomfinV

Europe’s medieval economy: Branch/correspondence network of “merchant of Prato” Marco Datini c. 1400 great paper!… https://t.co/455lx5ngdd

A dense and smart read on the Fed’s likely approach today from @TimDuy https://t.co/2Jay3rFOcF

A modest proposal for the Fed to steepen the yield curve by selling the long end where market much thinner… https://t.co/qHRYiH4Ge7

GermanOrdoliberalism engages Afrika: Weidmann’s thoughts on infrastructure and “institutions” citing @B_Eichengreen https://t.co/BzYxumbgIR

1976 ratio of US household income to cost of college was 5.2:1 today it is 2.47:1. How can inequality not increase?… https://t.co/vVCCOn0eR3

Student loan problem in the US has a major gender/race dimension. Women and minorities significantly more burdened… https://t.co/Oss4RrkhZN

Santander Consumer USA, top subprime auto lender in US, verified income on only 8% of the loans – Darwin award?… https://t.co/9ZBoaARXIx

Useful checklist @FTAlphaville on how Trump’s Treasury can gut post 2009 bank regulation without needing Congress https://t.co/TOIGDx0p7t

Latest PIketty et al data on unequal income growth point to 636 % pretax income growth since 1980 for top 0.001 %… https://t.co/mhwJbeONZC

The specter of “big government”: Small business complaints about regulation in the US follow a pronounced political… https://t.co/OIaugxpDZd

Black spots of Eurozone labour market – Greece & Spain – are so bad OECD has to devised a new type of graph insert!… https://t.co/KcebJoVZrF

"Political" and "economic" self-determination. Never a fair fight, but note the great divergence with WWII and the… https://t.co/VoRSB12fuA

Free trade all around: China in WTO cut manuf prices by 7.6 % – 2/3rd of that came from China cutting own tariffs https://t.co/8TfsQ9KpWz

Comparing EM balance sheets post 2008 and pre Asian fin crisis of 97, risks not as severe but more widespread.… https://t.co/SezQHj78Un

Bovine airlift: 60 flights by Qatar airlines will fly 4000 cattle from Australia and the US to besieged gulf state… https://t.co/BwwRB9OjCp

Astonishing graph of US bank profits suggests key to rebuilding financial system post 2008 was profit not regulatio… https://t.co/zlJcX8ui8H