Adam Curtis on why he prefers Tolstoy’s Marshal Kutuzov to his Napoleon. Kutuzov intervenes in a complex chaotic reality v. Napoleon trying to bend history to his will. Fascinating. ft.com/content/3e85f8… https://t.co/GssnTynyFS
US real GDP has almost recovered to pre COVID levels. Nominal GDP is well above pre-crisis levels. @SoberLook thedailyshot.com/2021/04/30/us-… https://t.co/Yi4w87bpfJ
Biden referred to Kunar province Afghanistan as the “gates of hell”. Grabbed my attention. This piece was instructive. ctc.usma.edu/afghanistans-h… https://t.co/fuHY1AZpGA
The 2nd wave of lockdowns in Europe has had a particularly severe impact on Germany dragging EZ economy with it into a double dip recession. ft.com/content/e7152f… https://t.co/o81FfBrEnQ
US counterterrorism operations, training and drone strikes worldwide, 2018-2020. H/t ahSHEEK https://t.co/jXw311Kz2X
The eurozone slid into a double-dip recession in the first three months of this year as output dropped under the weight of lockdown measures to contain a resurgence in coronavirus infections, leaving the bloc lagging behind China and the US. ft.com/content/e7152f… https://t.co/oiGOcTXuGe
RT @BJMbraun: The Commission will be able to rely on its new Directorate-General for Structural Reform Support, first established in 2015 a…
RT @BJMbraun: An instructive (and hilarious) detail: Draghi was a structural reformer avant la lettre: He uses the term “reform” exactly as…
RT @BJMbraun: Draghi’s thesis fully articulates the theory that came to bring us structural reforms: A planner opting for short-run stimulu…
RT @BJMbraun: Enough on Draghi’s dissertation. On the broader intellectual and institutional configuration that produced Draghi (and Yellen…
RT @lienhart85: Peasant scene, Iran, 1880s-1928, Freer & Sackler Galleries, Smithsonian Institute collections.si.edu/search/results… https://t.co/xZCf…
RT @policytensor: How much climate-related spending is there in Biden's twin bills? The most generous estimate is $792bn over 10 years; the…
RT @MatthewAgarwala: The @OurWorldInData team @_HannahRitchie have done it again. The new #biodiversity section is a global public good.…
RT @CarrollDoherty: In early April, 71% of Republicans said the federal budget deficit was a 'very big' problem for the US – up 22 points s…
RT @MaxCRoser: I think 'survival curves' are a great way to visualize how mortality has changed over the course of history. It might take…
RT @japoushter: Only 17% of news stories in the first 60 days of the Biden administration were on the topic of foreign affairs. But this is…
RT @ProfKateJudge: @MehrsaBaradaran @Claudia_Sahm @adam_tooze @TheStalwart @tracyalloway @DestinKJenkins @STOmarova @TrevonDLogan Can we be…
RT @MehrsaBaradaran: @ProfKateJudge @Claudia_Sahm @adam_tooze @TheStalwart @tracyalloway @TheStalwart @tracyalloway since I'm a die hard fa…
RT @EmilyRPeck: The poverty rate for families with children headed by unmarried mothers was 34 percent, compared to 17 percent for families…
Chinese officials have called in 13 tech companies to ask them to “rectify prominent problems” on their platforms, in a sign that the regulatory pressure on the fintech sector extends beyond Jack Ma’s Ant Group. ft.com/content/e69d70… https://t.co/k9a30SnaPC
Is US down and out? @martinwolf_ points out that US corporations dominate in terms of equity valuation. Issue now being put to test is to what degree corporations are “American”? Many dont pay a lot of tax in US. Are they aligned with Washington on China? ft.com/content/833616… https://t.co/PUDoq30Q0T
I don’t think stock market valuations are a foolproof guide to significance of corporations, but fact that LMVH is only European corporation in top 20 globally ought, surely, to be worrying! ft.com/content/833616… https://t.co/KpUBzduCwC
@policytensor @scottpsolomon @JWMason1 @zachdcarter In relation to global gap that sounds high side. Can you send me a link? Would love to check that out. I figure it must be overall necessary investment not the increment of new investment beyond baseline.
RT @zeithistoriker: Schumpeter on statisticians in 1910: "they don't merely report on what they find, they shape their findings as well, an…
@scottpsolomon @JWMason1 @policytensor @zachdcarter Globally over a multi decade time horizon that sounds about right.
@JWMason1 @policytensor @zachdcarter On immediate Rescue Plan/debt issue etc I see a big shift. They defined that as THE crisis they HAD to fix. Regardless of cost. On climate the same political logic dictates pay for -> inv plan too small. Carbon pricing ruled out -> you have to count on private inv & regulation
@Claudia_Sahm But it was a delayed spend down … right? … at first the balances pile up and then get spent down? Or do they go straight out the door?
@JWMason1 @policytensor @zachdcarter I think on climate it is not actually about investment. It is simply too small. They expect the crucial change to come from regulation – demanding carbon neutral electricity by 2035. The modest investment budget in the AJP is intended to facilitate the private inv.
RT @Claudia_Sahm: must listen!! @adam_tooze on #OddLots with @tracyalloway and @TheStalwart podcasts.apple.com/us/podcast/odd…
RT @substockman: "The familiar story that America's late 20th-Century market revolution originated in Chicago with the likes of Milton Frie…
RT @eurojewcong: 76 years ago today, American forces liberated Dachau, the first concentration camp established by Nazi Germany. More than…
Great illustration of the priorities of the Biden Administration. twitter.com/fwred/status/1…
RT @artistturner: The Battle of Trafalgar, as Seen from the Mizen Starboard Shrouds of the Victory, 1808 #romanticism #jmwturner https://t.…
© 2025 Adam Tooze. All Rights Reserved. Privacy policy. Design by Kate Marsh.