October 10, 2021
RT @70sBachchan: RIP Philip Anderson, one of the giants of 20thC science. The 1972 "More is Different" article was like a seismic shift in…
RT @70sBachchan: RIP Philip Anderson, one of the giants of 20thC science. The 1972 "More is Different" article was like a seismic shift in…
RT @alanbeattie: @adam_tooze I remember reading that Gladstone had a Liverpool accent and had visions of him saying to Disraeli “Eh, Benjy,…
"The past is never dead. It is not even past.” The motto for Chartbook #44 on the gold standard, populism and the politics of the dollar. Check it out here: adamtooze.substack.com/p/chartbook-44… https://t.co/vzV5XI6cX6
RT @HannaLiubakova: Today is World Day Against the Death Penalty. #Belarus is the only country in Europe still applying the death penalty.…
More weird history time warps. General Milley apparently thinks that Jan 6 2021 should remind us of the Russian Revolution of 1905. I guess I prefer it to the Weimar analogy … but I may also be about to lose my mind ….. twitter.com/WonkVJ/status/…
RT @ahistoryinart: Angus Neil, the sitter in this painting from 1953, was a close companion of Joan Eardley. They had first met during 1947…
Confidence fairies that @paulkrugman Might enjoy! Next level stuff this from @TheRealJVanWyck …. twitter.com/TheRealJVanWyc…
RT @ted_morris: @adam_tooze Sorry I missed the link. Really startling to have a speech from that age. It would be for us like having a reco…
RT @NBarreyre: @adam_tooze There’s contention. The Rockoff interpretation has a lot of merit, I think. That Baum might not have been a silv…
@AndrewKazuto @DuncanWeldon Its more like some kind of “involution" combined with petit bourgeois self-exploitation 😉 a sign of the substack times.
RT @thepaulprobert: @adam_tooze @essobecker You can take it back to pre-WWI should you be that way inclined. Note the SPD presence in Red S…
RT @HMM34669416: @adam_tooze The "depoliticisation of money" is reminiscent of Sidney Webb's reaction to Britain coming off the gold stand…
So I’ve been informed by folks that really know that I have been a bit credulous on the populist reading of Wizard of Oz … don’t really have a dog in that fight and the Rockoff essay is truly recommended in any case. Enjoy Chartbook #44 adamtooze.substack.com/p/chartbook-44… twitter.com/martin4_st/sta…
@ted_morris Yeah. I hope I linked to it. Its amazing isn’t it! And the references in that speech. That was populism in 1896! References to Napoleon ….
You may know William Jennings Bryan’s 1896 Cross of Gold speech. But do you know the piece he wrote in the wake of defeat, justifying the campaign to democratize monetary politics in the US? BRILLIANT stuff. Check out Chartbook #44 adamtooze.substack.com/p/chartbook-44… https://t.co/3gAy78i0Ny
In July 1896 the Democratic Party Convention exploded in chaos as William Jennings Bryan delivery a fiery denunciation of the gold standard. Why this moment still matters for the politics of money. Chartbook Newsletter #44. adamtooze.substack.com/p/chartbook-44… https://t.co/HF27AubjzH
RT @HungLee: this newsletter is getting to the point of auto RT – guaranteed to be good 👇 twitter.com/adam_tooze/sta…
Chartbook #44 just dropped: The Cross of Gold – populism, democratic iterations and the politics of money Looking back at an early (de)flation panic. number 2 in my mini series on inflation politics. Sign up here: adamtooze.substack.com/p/chartbook-44… https://t.co/Sqgd8uj2fc
Cost of living crisis or punitive austerity crisis? 6m UK families receiving universal credit are set to lose 5% of their income from Oct 13 when pandemic-related £1,000 a year uplift is cut. 1m will lose more than 10% according to @resfoundation ft.com/content/11ef63… https://t.co/RjUM8gvaHH
The UK has advanced warning of a cost of living crisis. Necessities in relation to lowest incomes will rise close to 25%. -> RESTORE benefits to those hardest up. DONT conflate a distributional problem with the supply chain SNAFUs and energy market blip! ft.com/content/11ef63… https://t.co/q6oMJgeCDc
New @bankofengland chief economist Huw Pill is a chip off the North Atlantic block: Oxford, Stanford, Harvard, ECB, Goldman Sachs. Conventional on QE. Prefers the ECB approach. ft.com/content/ce4936… https://t.co/wxKURcX9cf
7% of UK kids attend private schools where fee levels are steadily rising -> funding per child is now twice that in state sector which has seen a 9% cut over last decade -> gap now 2:1. ft.com/content/6b45ac… https://t.co/LBPz8yazC1
So PM Johnson's investment thesis for the post-Brexit UK economy is that wages are going to surge ahead dragging up productivity … hmmm. He wants Blair’s Britain back but without the “bloody European”? ft.com/content/e7a8cb… https://t.co/eiwQP0i9gG
The UK Productivity story since 2008 is truly dramatic. Extra context for @M_C_Klein general thesis of the “undershoot”, hint hint. ft.com/content/e7a8cb… https://t.co/RhBqoRoe0F
“The risk,” (pro- Brexit) Lord Wolfson told me, “is they revert to the fixed-price, hunter-gatherer politics the 1970s.” Wow …dropping in on UK Politics is weird. ft.com/content/282beb… https://t.co/JqUTHXTWrJ
Question: @ChrisGiles_ @PickardJE does this powerful graphic on budget squeeze on low-income Brits include not just price increase but loss of income due to tax and benefit changes? Any way of factoring out that twin squeeze? ft.com/content/11ef63… https://t.co/JlBznTMC3P
Long COVID A third of the UK’s small businesses are classed as highly indebted, more than double since before the Covid-19 pandemic, the Bank of England said on Friday as it warned of a likely rise in company collapses by the end of the year. ft.com/content/4f1da0… https://t.co/LL0gDEEduQ
@MilanV @JustinSandefur @bill_easterly So sorry. Terrible editing on my part. Either way it is a great name!
RT @TheAfricaReport: #Nigeria accounts for more than one in five out-of-school children anywhere in the world, according to UNICEF. So Pres…
@rk70534 @136or142 I am aware that causation runs both ways. Im just going to put this here, again. cgt.columbia.edu/wp-content/upl… And perhaps I may point out that I did write a book about WWI and its aftermath which is by far the most dramatic demonstration of this effect.
RT @essobecker: @adam_tooze Journal version (free download) here: aeaweb.org/articles?id=10… @LukasMergele @Woessmann
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