ADAM TOOZE

Italy’s small businesses are woefully behind when it comes to digital. The good news: HUGE scope for catch-up growth. ft.com/content/dfb16c… https://t.co/d8R7nDbBEj

London is still overwhelmingly the most important center of fx trading. thedailyshot.com/2021/07/01/us-… https://t.co/mM3JLUnAUU

EU car emissions standards faced fierce lobbying from vehicle makers when a targeted 37.5 per cent CO2 reduction for 2030 was first agreed in 2018. This is likely to be revised up to 60 per cent for 2030 and 100 per cent in 2035 ft.com/content/eba383… https://t.co/5vlUWhEHgD

“It's the economy, stupid." Chartbook Newsletter #25 revisits the terrain of the early 20th century and the making and breaking of economic constraints. adamtooze.substack.com/p/chartbook-ne… https://t.co/mnytXEBHgK

@jimvj @ChloeNCornish @FT @TheEconomist @WSJ More like disbelief than negativity.

@asymptosis @BichlerNitzan Carbon tax for free. Should be embraced as opportunity to get smart about not using gas etc etc. Report suggested that it was not clear which way they will swing yet.

Currently the second highest in the EU, Polish year-on-year inflation hit 4.7 pa in May, before easing to 4.4 per cent in June. Is Poland’s top central banker Adam Glapinski worried? Does he look worried? ft.com/content/e51c6e… https://t.co/fUkQ4Mdxuw

It would seem that American investors are an ever larger force in European equity markets. thedailyshot.com/2021/07/01/us-… https://t.co/SyE7cSqsMA

@cbeyzad Purchasing power

Wait? What? Central bank of Iraq is going to get a monumental skyscraper designed by Zaha Hadid’s office! And they are actually building this thing …. @ChloeNCornish @FT @TheEconomist @WSJ you have gotta update us on this story! zaha-hadid.com/architecture/c… https://t.co/NrLTPF9B4w

Beetle banks and flower-rich margins are now attracting major subsidy from UK’s Environmental Land Management scheme that replaces EU’s CAP. Beetle banks …! ft.com/content/7a2126… https://t.co/ZJRifpoRbY

RT @DRovera: Why #children in the fridge? Worsening #electricity crisis in #Iraq. Can run fridges on generator, not AC https://t.co/L007cA…

Deluge published in China in May. Thank you @YanjieHuang_ny for a fascinating conversation. thepaper.cn/newsDetail_for… https://t.co/9CfLoN23qD

"Much of the public debate over covid-19 has echoed Gov Cuomo’s refusal to think through the uncomfortable calculus between saving lives and the economy.” @TheEconomist on the other hand just loves the question! One for the @zevin_a file. economist.com/finance-and-ec… https://t.co/iNBBDPgvEL

Macron was elected President of France in May 2017. This is the track of household consumption since that point. No positive trend! One to track going into 2022. thedailyshot.com/2021/07/01/us-… https://t.co/Qx7AyoUUVu

On July 1st the CCP will officially celebrate its 100th birthday. (The founding date was chosen in 1941 when the party was holed up in caves in Yan’an, and retained even after investigations found that the actual date was July 23rd.) economist.com/special-report… https://t.co/aBGB3MWv5P

@Alan_Allport Thank you Alan. Happy holiday weekend!

Critical test for Biden’s climate policy. Will White House pressure OPEC to raise production and curb a rise of oil prices towards $100? ft.com/content/6f0580… https://t.co/sgwx6NDF2c

Applying lens of uneven and combined development to WWII, we can register all levels in which Third Reich was simultaneously challenged and overwhelmed – land battles Ostfront, strategic air, naval, amphibious, partisan warfare. Chartbook newsletter #25 adamtooze.substack.com/p/chartbook-ne… https://t.co/qq48W9eibW

In 2000 only about 1/5 CCP members had degrees—about the same proportion as those who had not advanced beyond primary school. Now, about half are graduates. But party is becoming more selective. Only 5% of Uniii student body are CCP v. 8% in 2009. economist.com/special-report… https://t.co/5UhOZ6Hs5x

Eurozone core inflation rate has sagged below 1 % again! thedailyshot.com/2021/07/01/us-… https://t.co/ZjAmZVj3DA

"Not a party for everyone.” The current leadership of the CCP has no plan to push its membership much beyond the 92 m it is currently at. economist.com/special-report… https://t.co/7g8lGrgNXH

@IsabellaMWeber @ForeignPolicy SERIOUSLY …. It all seems to kick off then, but under radically different political circumstances.

@IsabellaMWeber @ForeignPolicy Cant wait to read you on the 1990s. 🙂

@IsabellaMWeber @ForeignPolicy It was an absolutely fascinating read. I learned a huge mount. Highly recommended for the global neoliberalism crowd. Particularly loved the metahistorical twist to reckon with the way in which the life and death struggle post-89 has twisted the narrative. Bitterly ironic!

RT @IsabellaMWeber: Thank you so much @adam_tooze for recommending my book as @ForeignPolicy Summer Reading! foreignpolicy.com/2021/07/02/for… http…

1933-1939 Hitler’s regime performed the largest reallocation of resources ever seen in a capitalist economy in peacetime. BUT it is put in the shade by the Stalinist SU, which squeezed consumption to an extraordinary extent! Chartbook Newsletter #25. adamtooze.substack.com/p/chartbook-ne… https://t.co/wllyy3ibpE

"UK ministers must manage rural humans as sensitively as rural wildlife” Well there is a new take on bio politics! ft.com/content/7a2126… https://t.co/prky2PoOkv

After a divergent history in 20th century, in 21st century UK and US debt/gdp levels have converged to a striking extent! thedailyshot.com/2021/07/01/us-… https://t.co/gsT4vGwBFb

RT @SDullien: Der @derspiegel berichtet vorab über den neuen @IMKFlash Policy Brief von @KatjaRietzler und mir, der die Spielräume für vers…

"we’re still not talking about trusting anyone’s fiat. We’re talking about credit analysis, at banks, Fed, Treasury. So, please: let’s stop calling it fiat money. Let’s start calling it what it is: credit money.” fascinating piece by @bhgreeley  ft.com/content/5e5b2a… https://t.co/CSEupVupb9

Macroeconomics, technocracy and history-making. Chartbook Newsletter #25 Musings on WWII, WWI, Deluge, Wages triggered by a conference in Moscow hosted by @ranepa_eng adamtooze.substack.com/p/chartbook-ne… https://t.co/TMvZHPA38Y

"The first description I could find of money as “fiat” comes from John Stuart Mill, the English philosopher, in Principles of Political Economy.” EXCELLENT this from @bhgreeley ft.com/content/5e5b2a… https://t.co/4sdsY3ncNV

RT @nicksiem: As for translating warnings in the subjunctive about consequences of military attack, I always thought Stalin's line was "we…

This was a really interesting conversation with @YanjieHuang_ny My thanks to him for setting up the interview. twitter.com/XeniSheng/stat…

The massive drop in household spending since the start of the pandemic was the reason the UK GDP underperformed thedailyshot.com/2021/07/01/us-… https://t.co/MGIMtfnnU9