Lopsided recovery from the pandemic bodes ill for emerging economies. Entirely in agreement with @RaghuramRRajan on this. But bringing EU’s carbon border adjustment into it seems gratuitous given timeline and proposed scale. As he says, fix is obvious! ft.com/content/09abcd… https://t.co/HDyRyKEii8
RT @FrDe2059: The long term meaning of China’s rise. @adam_tooze newstatesman.com/international/…
@CJFDillow @AaronBastani Is this an emerging theme? The Tory’s used to be less stupid? Their vision was once staggeringly wide. Reminded of this excellent podcast on Enoch Powell with @RobbieShilliam and @alexdoherty7 soundcloud.com/poltheoryother…
2010 Deepwater Horizon disaster cost BP and partners more than $70bn in remediation costs. What if Deepwater partners had not been financially robust companies but had sold it off to highly leveraged private equity-backed independents? Transition risk! ft.com/content/3e8e9f… https://t.co/8vb2LB8nc1
@LesterZH @LlpMachete Yup on huge scale. Even for pulling artillery at times. Look at the scenes in the Falaise gap in 1944!
@LlpMachete @BuddNicholas I dont think I ever put it in Wages of Destruction in so many words. I have a background paper "Arming the Reich”, which I am going to put out on Chartbook Newsletter sometime fairly soon where I lay out the workings.
Tanks dominate popular imagery of WWIIm but they were never more than small part of total war production effort. I unpicked the armament production index of Speer Ministry to produce this estimate of shares: Tanks 4% Aircraft 39%. Guns/artillery 12.7%. Ammo 21.9%. @LlpMachete https://t.co/UYwqszxwKx
@AltSpinelli @BJMbraun @MaxJerneck @ProSyn @adelaigue Hi. I read his testimony. Struck me as an articulate version of very common conservative position not dissimilar to Weidmann/FAZ in Germany. Actually it fits Hirschman’s categories of reactionary thought that @MkBlyth invoked in Guardian. I should have been more triggered?
In the US upbeat analysts really like the “pent-up demand” narrative. But there is not much evidence for a bow wave of consumer demand building. Growth rates are slowing. Another excellent @rbrtrmstrng column! ft.com/content/afc67f… https://t.co/CTGp435B0I
This L.Taylor paper was pinged to me as evidence v. Carbon pricing. Im confused. He starts by recognizing 1. Europeans pays far more for petrol (and use far less) 2. C02 pricing may be necessary but not sufficient (no one serious claims anything more). https://t.co/co5FsJFdGI https://t.co/NvDJ0Hyewv
@LiatSpiro Hi Liat your work sounds fascinating. Have you come across Ralf Richter's PhD on Cincinnati and Chemnitz machine-tool makers and their exchange. I remember it as being fascinating work.
RT @LiatSpiro: Given my research on capital goods exports (machine-tools, RR infrastructure) during the First Globalization, I'm itching to…
Malcolm Barr of JP Morgan sees ECB Strategy Review as a missed opportunity. ft.com/content/a59067… Pairs well with the readings on ECB collected in Chartbook Top Links #2. Sign up here: adamtooze.substack.com/p/top-links-2-… https://t.co/VJ1ZG6fN60
@dsquareddigest @MkBlyth @jjimeneza1972 @MariusGhincea Precisely my point about WS.
RT @YanlingWang_CU: A truly outstanding piece to recount China’s history (of humiliation) and how the CCP survived battles and worked to mo…
RT @70sBachchan: "I compiled this list out of a sense of anxiety about the widening Sino-US antagonism. Putting it together has reinforced…
RT @DiegoCastaneda: Magnífico texto de @adam_tooze sobre China y su relevancia este siglo newstatesman.com/international/… no van a leer mejor análi…
RT @edbrophy: Superb by @adam_tooze defying the conventional wisdom: “to interpret the Gilets Jaunes first and foremost as a protest agai…
RT @JWMason1: I was planning to do a twitter thread on the new paper on full employment that @lrmelodia, @rortybomb and I just released. Bu…
RT @IsabellaMWeber: Great long-run view on China’s quest for economic development and the relationship with the US. Thanks @adam_tooze for…
RT @alex_callinicos: @adam_tooze Why there is no solution to our age of crisis without China newstatesman.com/international/…
I did an essay for @NewStatesman on China’s 20th-century struggle for economic development. newstatesman.com/international/… Want to know more about the drama of WWII in China and the hyperinflation of 1937-1949? Check out Chartbook Newsletter and sign up. adamtooze.substack.com/p/chartbook-ne… https://t.co/P9MIxoBTuJ
RT @ykomska: German archival and newspaper digitization is a fucking tragedy that people need to talk more about, what with the pandemic tr…
RT @PhilippaSigl: Very helpful paper when trying to think through the concept of the quintessential market – the one for money/financial cl…
RT @jvtklooster: Results in! Quite a few #ECB #Blackrock meetings – “Please note that in view of the number and size of the disclosed docum…
"it is not clear that American politics can digest global plurality other than from a position of dominance.” A long read for @NewStatesman on the China’s 20th-century struggle for economic modernization. newstatesman.com/international/… https://t.co/aA35OHfgXq
"Biden and the post-neoliberal era. Pres is looking to fundamentally shift balance from capital to labour.” Really? @RanaForoohar Didn’t Biden tell us, or rather his donors, precisely how limited his conception was on this score? ft.com/content/8b197f… vox.com/policy-and-pol… https://t.co/ksioyeC6Wp
Is this really true? Germany’s FDP – free market, national – are celebrating Joe Biden and campaigning for the debt brake at the same time. Really? twitter.com/Solid_Snail/st…
RT @syllabus_tweets: Today, we're very excited to share our first original production. A wide-ranging discussion about the role universit…
Round 2: "Royal Dutch Shell has appealed against a Dutch court order that it must step up the pace of its global emissions cuts, arguing the company has been unfairly singled out and that tackling climate change requires “co-ordination”. ft.com/content/a8856b… https://t.co/InG4XOBwFY
China’s 20th century: I did a Long Read for @NewStatesman on China’s struggle for economic modernity. newstatesman.com/international/… As background, at weekend Chartbook #28 will delve into @WorldBank 1983 report on China. To get it emailed to you click here: adamtooze.substack.com https://t.co/P4t2EtBxTo
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