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“ECB has materially reduced chances of premature tightening,” said Bartsch of @blackrock Investment Institute. “It is when new strategic framework is implemented, that we could get dovish surprises.” ft.com/content/2cf6e9… On ECB Strat Rev see also: socialeurope.eu/climate-crisis… https://t.co/5FSLETzPta

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RT @70sBachchan: Austin powers was a documentary https://t.co/I6lpvEFRd4

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RT @ArmineYalnizyan: @adam_tooze @HBoushey Oh hai. Guess who's been saying the care economy could be the source of the middle class in the…

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Did a piece for @NewStatesman on China’s long 20th century. Bookended by J.A.Hobson and @LHSummers Thanks to @GavJacobson @Tom_Gatti for commissioning. https://t.co/ND1ReDi6LJ https://t.co/FHRR6yXCwp

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The dates have mood forward, thankfully, but there is still a 12 month lag btw US recovery to pre-covid GDP and EU hitting the same mark. What Europe needs to do is run a “high pressure” economy. Great piece this by @COdendahl cer.eu/insights/europ… https://t.co/DByuh7NwcZ

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@jordanschnyc @robinsloan @crmiller1 Would LOVE that.

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RT @r_josefsson: I use the "gilets jaunes" narrative myself, when discussing climate policies. @adam_tooze makes an important addition to s…

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I have to admit that this endorsement made me blush. Thank you @KaiserKuo ! twitter.com/KaiserKuo/stat…

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RT @GavJacobson: "what JA Hobson predicted for the 20th century is even more true for the 21st. Whether you’re for or against, China shapes…

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@GavJacobson Thank you Gavin. It owes more than a little to your skillful editing!

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"If you want to address living standards of American workers and families, you have to address the care economy, full stop, and on both sides of the ledger.” @HBoushey on what is arguably the really original part of Biden program so far. ft.com/content/33a861… https://t.co/4hzbeQcibI

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Labour force participation is ambiguous but important index of how a capitalist, wage labour based society is doing. As @COdendahl points out in this great piece both EU and US have room to grow. Most output gap measures are nonsense! H/t @RobinBrooksIIF cer.eu/insights/europ… https://t.co/xePxDlk3wm

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"a lot of the measures & metrics we use now to track the economy are ones that we created almost a century ago. So data that we have now tell a story about the economy that I think in many ways is misleading.” @HBoushey & @RanaForoohar in conversation. ft.com/content/33a861… https://t.co/QE2MZCFMWC

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"beware the rhetoric of inflationary reaction. A perversity thesis joined to naked self-interest should not guide policy, no matter how hard it is to get that folk model out of our heads.” Predictably, I love this by @MkBlyth theguardian.com/commentisfree/… https://t.co/ohG5j2LLz4

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"Japan’s expressions of alarm about China are often drowned out in global cacophony of concern over Beijing’s assertiveness. But Japan’s latest white paper reflects what may be largest shift in Tokyo’s security stance in more than 70 years.” @KathrinHille ft.com/content/9ce326… https://t.co/PoM4KXMVsi

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As @MkBlyth reminds us, the rhetoric of reaction according to Hirschman oscillates btw perversity, futility & jeopardy.theguardian.com/commentisfree/…Wished I had known this when I wrote this critique of Streeck’s Buying time. He deploys all three!https://adamtooze.com/wp-content/uploads/2020/05/Tooze-on-Streeck-Who-is-afraid-of-inflation-.pdf https://t.co/24prvRxCBZ

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The Greater Tooze Co-Prosperity Sphere is growing! Paid subscribers to Chartbook Newsletter will be getting regular mails with links to great reading, listening, viewing. Check out #1 and sign up! adamtooze.substack.com/p/chartbook-to… H/t @robinsloan for the new mission statement 🙂 https://t.co/We46liPlIk

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"Independence from What?” @stefeich elegant essay on the politics of central banking is truly essential reading this AM. From the @justmoneyorg forum on central banks is one for @FTAlphaville ! justmoney.org/s-eich-indepen… https://t.co/c0oehocgBp

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As noted by @KathrinHille Japan’s latest defense White Paper is not shy about announcing itself! Nor its main challenge … a revisionist China. ft.com/content/9ce326… https://t.co/GI8TagwpwE

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@DovSFriedman Thought had crossed my mind 🙂 But dont think I have the bandwidth 🙁

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@jjimeneza1972 @MariusGhincea @MkBlyth Generally ideology IS contradictory? It is a repertoire of “knock down” arguments, a tool kit for the purpose of answering progressives.

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Has anyone updated Hirschman’s Rhetoric of Reaction? conservative arguments are one of 3: perversity – raising taxes means less revenue; futility – voting changes nothing; and jeopardy – if you give the vote to poor people, you get revolution H/t @MkBlyth https://t.co/NwvdtSoJan

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@Chondraki Sure. But if you want to understand Germany, you have to read this stuff.

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One can take issue with Robin Alexander’s portrayal of Angela Merkel’s Chancellorship. But Die Getrieben and Machtverfall are clearly amongst revealing portraits of power in Germany today. WHY are they not translated? amazon.com/Robin-Alexande… https://t.co/qbo0SEBTiR

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Really like the way that the flagpole is going in on the other side of the globe. NOT in Europe! Nicely done ….. twitter.com/NewStatesman/s…

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For supporters of Chartbook Newsletter I am now doing regular compilations of Top Links. Sign up and checkout #1. adamtooze.substack.com/p/chartbook-to… https://t.co/KAwRndgGmC

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“Last stage of Merkel’s time in office began in the White House. It ended in Smurf Village.” Welt editor Robin Alexander delivers 2nd devastating portrait of Angela Merkel’s Chancellorship. Agree or disagree, why is he not translated into English? ft.com/content/843929… https://t.co/f0wgU7hOEU

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@poltheoryother I was talked by @ediecontooze into actually listening to podcasts and now I’m addicted … and particularly to yours. 🙂

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The Panguna copper and gold mine, and the pollution it caused, stoked tensions in Bougainville Papua New Guinea that led to a decade-long secessionist rebellion. Now Rio Tinto is paying to investigate the mess it helped to create. ft.com/content/890781… https://t.co/5XcjlwJvZO

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Wow. After Laschet’s discreditable performance during the floods, he has plunged below Scholz in the personal preferences of German electorate. No Scholz surge but a Laschet collapse. twitter.com/COdendahl/stat…

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RT @tzoumio: Τhe ancient Greek Doric temple in (S)Egesta, Sicily. https://t.co/qArIpVU2Cu

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The interesting The topical The beautiful The weird For paid subscribers to Chartbook Newsletter, I will be doing regular compilations of Top Links. Also a way for folks to share great stuff with the Chartbook community. Check out #1 and sign up here: adamtooze.substack.com/p/chartbook-to… https://t.co/6SuldG5cJd

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From 2008 forward US consumers were pretty consistently overestimating likely inflation. Would be nice to know as @bhgreeley and @rbrtrmstrng ask how this breaks down by party alignment. ft.com/content/a32eb1… https://t.co/PsdGmu7JfK

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Helmut Schmidt arguing with his FDP economics minister Hans Friderichs mid 1970s. You really did to want to pick a fight with Schmidt! https://t.co/n1RgCkXMrE

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Well, the haze over Manhattan (sic) due to the West Coast wildfires over 2000 miles away is quite something! The sun is an orange disk. Second time in two years. timeout.com/newyork/news/s… https://t.co/eEy32ft1KI

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