ADAM TOOZE

This is such a fascinating thread from @ernestleungmt on the political visions of China's leaders during WWI. More than mere "militarists". twitter.com/ernestleungmt/…

RT @suvajevs: 'As modest as the conclusions reached may be, this commitment to regular review unfreezes the ECB. It makes clear that policy…

RT @RobinBrooksIIF: IMF stands out for its Italy nonsense output gap, even with so much readily available information to the contrary. Core…

@B4Btv @Paul_Kreitman @Silmarillion88 @pseudoerasmus @honosuteyo Turns out newsletter emails are short. You have to make decisions i.e. exclusions. No exclusions. No point. “Exclusion" in this context i.e. selectivity is the essence of the entire business. It's a good word. Not a bad word. Informed selectivity = gourmandise.

RT @B4Btv: @Paul_Kreitman @adam_tooze @Silmarillion88 @pseudoerasmus @honosuteyo And the top bureaucrats in postwar Manchuria’s Northeaster…

RT @Frank_vanlerven: Am really happy that organisations like @forfinancewatch exist to help amplify the debate around EU fiscal policy. Am…

Always had a hunch that Duan was more interesting than your average Chinese warlord! Artillery education the key to military modernization. twitter.com/ernestleungmt/…

@jordanschnyc @ediecontooze This one is for you too: 🙂 adamtooze.substack.com/p/chartbook-ne…

RT @CraigAWhiteside: "Economic history of World War II and the 18th Brumaire": Chartbook Newsletter #25, by @adam_tooze https://t.co/WvZqje…

Prompted by @ediecontooze Ive actually gotten into listening to podcasts not just recording them. Started with @jordanschnyc ChinaTalk cos we’ve got one coming up. LOVED this episode on solar power in China. GREAT detail. Top recommendation. podcasts.google.com/feed/aHR0cHM6L… https://t.co/uNrWX8qclK

"What’s somewhat unusual is that officials with the State Department’s Bureau of Political-Military Affairs are signaling that they may side with the human rights bureau this time” This piece on US-Egypt relations is jaw-dropping in several places! politico.com/news/2021/07/1… https://t.co/a4Dcp1cLvJ

Chartbook Newsletter #26 on the great Chinese rinflation 1937-1949 adamtooze.substack.com/p/chartbook-ne… Clear that this needs deeper research. Pol Econ & decision-making remains somewhat obscure. Great news that distinguished historian Parks Coble is on case. history.unl.edu/parks-coble https://t.co/eD4RrAVroZ

RT @ThorbenAlbrecht: The adjustment of the ECB to the challenges facing Europe is a work in progress. As modest as the conclusions reached…

RT @B4Btv: @adam_tooze @ernestleungmt I can tell you it’s aa amazing as it sounds, I’ve had the pleasure of working closely with the one an…

Russia not the US is in the crosshairs of EU carbon border adjustment. Rusal, biggest aluminium producer outside China, is to split its assets in to a low-carbon company aimed at the European market and a new entity focused on the domestic Russian market ft.com/content/67b020… https://t.co/D0oBpB9zE2

This remarkable thread by @ernestleungmt ends with the remarkable conclusion that across East Asia by 1940s free market economics was dead. His PhD project looks fascinating: “The Rise of Economic Planning in Northeast Asia: Manchuria, China, Japan, and Korea, 1930-1979” Wow! twitter.com/ernestleungmt/…

This is an epic thread on a network of planners and reform technocrats in the Chinese Nationalist camp woven around Chen Yi. As far as I can see it ends in Feb 1946. Are you continuing it @ernestleungmt ? Amazing stuff. twitter.com/ernestleungmt/…

In 1948 Cartier-Bresson was dispatched by Life Magazine to Shanghai. He captured amazing images of the hyperinflation that destroyed the Nationalist regime. Black marketeers assessing silver coins Dec 1948. theguardian.com/artanddesign/g… Chartbook Newsletter #26 adamtooze.substack.com/p/chartbook-ne… https://t.co/wo4dEA6h1R

A letter from China to the US in 1948 stamped with 11,300,000 CNC (11,3 million CNC!!!!) @ChinaCovers h/t @AVPostalHistory A great source on the China hyperinflation that is subject of Chartbook Newsletter #26 adamtooze.substack.com/p/chartbook-ne… https://t.co/l5dqqnuJYh

"The list of corporate climate laggards is led mainly by state-backed PLCs based in India and China, including Coal India, Shaanxi Coal and Chemical Industry and China State Construction Engineering.” @lesliehook on new MSCI climate tracker index ft.com/content/f04c75… https://t.co/rw3YyqLvDW

When the @ecb reviews policy since 2003 – the date of its last Strategic Review – it is as though “whatever it takes” never happened. Latest for @socialeurope on what can and what cannot be said. socialeurope.eu/climate-crisis… https://t.co/N6zDChb1Yf

Climate-related data is biggest area of inv for MSCI in coming years. “This is a question of the planet, our existence in it, and the role of the free market & the role of capitalism. This is going to permeate every aspect of life & investment industry.” ft.com/content/f04c75… https://t.co/niVIS0zQ6g

On May 21, 1949 in Shanghai to buy a single grain of rice you needed Jin Yuan Quan 130 yuan. boc.cn/en/aboutboc/ab… What? China? Weimar-style inflation? No worries. Chartbook Newsletter #26 is here to help. adamtooze.substack.com/p/chartbook-ne… https://t.co/8Szavdw30T

"Greenhouse gas emissions from global listed companies will blow past global warming targets set by Paris climate accord in just under six years, despite the plethora of net zero corporate pledges” @lesliehook on new MSCI tracker ft.com/content/f04c75… msci.com/documents/1296… https://t.co/xqvuhtai9r

2% target is the main headline from the ECB’s Strategic Review. Plus an annex on climate. Why not more? A column for @socialeurope socialeurope.eu/climate-crisis… https://t.co/9rGFJ8V8e7

Of all measures in EU’s Fit for 55 climate package, plan to revamp ETS is gearing up to be the most contested by European industry. Lobbies fighting to keep free carbon credits even after CBAM. Thanks for highlighting this story @MehreenKhn  ft.com/content/465495… https://t.co/TathZNCLTE

A fetish of illiquidity is driving finance History repeating itself as banks and pension funds bet more on private assets As ever, Plender is excellent. Forceful, sweeping, up to minute, loads of links, great examples. A 1st class pro at work here. ft.com/content/fb3cdd… https://t.co/hH5k7v1rUU

@retepelyod In fact some histories celebrate the period 1937-1945 as one of resiliency enabled by the sophistication of the monetary reforms of the 1930s. @pseudoerasmus has been making this point this morning. You see it in the memoirs of the KMT official as well. I was driving towards 49.

Practically everyone in European business supports net zero … by 2050. On ambitious targets for 2030 opinion is more divided! 🙂 Sweet data this from @MehreenKhn ft.com/content/465495… https://t.co/3KjXqc5Q8g

Hyperinflations are the stuff of economic history legend. But memory is selective. Btw Weimar 23 and Venezuela in 2018 bulks CHINA. Chartbook Newsletter $26 sketches a history of China’s inflation btw 1937-1949 which set stage for defeat of Nationalists. adamtooze.substack.com/p/chartbook-ne… https://t.co/EX0CYsZKVo

@PRoufos Hi Pavlos been gnawing at it for a while. How does the 1990s consensus end … ? theguardian.com/commentisfree/…

“If Houston wants to continue to be the world’s leading energy capital, then it’s going to need to be a leader in the newer forms of energy,” Bobby Tudor And why should it not? Texas has a huge renewable future if it wants it! ft.com/content/3fcb20… https://t.co/ESnMH4uySG

RT @GhassanMoazzin: @B4Btv @adam_tooze @Paul_Kreitman There is indeed need for more work on Chinese hyperinflation. Prof. Parks Coble @pcob…

RT @hugh_pemberton: China – more like Germany than you might think. Great piece from @adam_tooze on China's wartime inflation shock and its…

We are still waiting for the back story on the @ecb Strategic Review. In the mean time I offer an assessment of what could and what could not be said. For @socialeurope socialeurope.eu/climate-crisis… https://t.co/KCIUSqfZ24

In Baden Wuerttemberg "The Greens were one seat away from clinching a coalition with the centre-left Social Democrats and clearing a path for stronger climate policies, but instead had to form a government with the CDU. Some Greens blamed the Klimaliste.” ft.com/content/5c8287… https://t.co/jfVz0cqUp7