ADAM TOOZE

RT @MIHJournal: 1. MIH is thrilled to publish a special form devoted to John Rawls titled: “The Historical Rawls”. It is organized and intr…

RT @PrathamSkilling: .@PARInetwork People's Archive of Rural India was founded in 2014 by award-winning journalist – P.Sainath. It was an i…

@eshakespeare @nytimes @zagatam Congrats! Beautiful work.

Energy poverty USA: Out of a total of 118.2 m US households, in 2015, the @EIAgov estimated that 17 million households received an energy disconnect/delivery stop notice and 25 million households had to forgo food and medicine to pay energy bills. nature.com/articles/s4156… https://t.co/MDYT0sautR

the inventory-to-sales ratio for lumber and other construction materials is now the lowest in over a decade -> driving lumber prices to record levels. thedailyshot.com/2021/03/09/ceo… https://t.co/ZJ48aY9c4E

The inventory-to-sales ratio in the US tumbled in recent months amid supplier bottlenecks and rising demand -> suggests restocking boom to come. thedailyshot.com/2021/03/09/ceo… https://t.co/4HUv522p9I

The selloff that is accompanying the turmoil in AE bond markets has so far hit above all Brazil amongst the EM. @TS_Lombard via @SoberLook thedailyshot.com/2021/03/08/emp… https://t.co/NvSTX5N0fa

Aggregate financing in China surged in 2020 but it remains modest by historic standards. @RealAlpineMacro via @SoberLook thedailyshot.com/2021/03/08/emp… https://t.co/e5NcCHiTyw

The yuan had been on upswing since June 2020. Has it turned direction in early 2021? thedailyshot.com/2021/03/08/emp… https://t.co/gtg8Jl7nsU

Japan’s residents have been dumping foreign bonds at record rates in the last two weeks. thedailyshot.com/2021/03/08/emp… https://t.co/EGe0Y725Be

It is hard to imagine a world without excel. Fascinating mapping of its history. Great stuff by @packyM notboring.co/p/excel-never-… https://t.co/mK5KUbCa2d

the surprise ruling quashing Lula’s convictions was likely to stand, not least because Bolsonaro had made so many enemies among judiciary -> Bolsonaro is a massive threat to institutional stability. The calculation thus is: ‘What is least destabilising?’ ft.com/content/6d3040… https://t.co/p7bZr0675Y

Growth outlook according to @OECDeconomy WHY is the EU satisfied with this? Sure NextGenEU may help but in the mean time the gaps widen! ft.com/content/7f7d4b… For more see: Chartbook Newsletter #13 adamtooze.substack.com/p/chartbook-ne… https://t.co/r6UwJiYe7v

With Draghi at helm in Rome banks running first green bond issue for Italy received €80bn in orders for €8.5bn of debt. ft.com/content/2b1d7d… https://t.co/lzrbfaIG6Y

Where is the EU’s FDI distributed? 54% in UK, US, Switzerland v. 3.4% Russia and 4% China. thedailyshot.com/2021/03/08/emp… https://t.co/mjVbpuEroi

"Joe Biden’s $1.9tn US stimulus programme will boost the economic recovery from the coronavirus pandemic around the world” @OECDeconomy @LauBooneEco And being a fiscal locomotive should count in the "democratic leadership stakes” foreignpolicy.com/2021/03/05/bid… ft.com/content/7f7d4b… https://t.co/hENiZJeRCo

With the Climate Leadership and Environmental Action for our Nation’s (CLEAN) Future Act, Congress is beginning to translate ambitious climate promises into action. Starting by targeting net zero for power sector by 2035 by means of mandates & trading. ft.com/content/089dd5… https://t.co/kCtxSTNgHk

Whereas after 2008 the US non petroleum trade deficit contracted by about 50%, in 2020 in just kept on increasing. thedailyshot.com/2021/03/08/emp… https://t.co/KEWEyWgRjW

America’s API – aka the oil lobby – has come out in favor of carbon pricing. BUT in exchange for a ceasefire on mandates and regulation. It is a bad deal and they are on the run. No one should take the bait @GernotWagner argues. bloomberg.com/news/articles/… https://t.co/K5VRxQrJWZ

@Uptheleft @mark4harrison These are Maddisons 1990s ppp dollars so mid-low by our standards. Gives you an idea of their overall economic capacity benchmarked with deliberate anachronism against “current" standards.

Detlev Peukert one of true heroes of modern German historiography. Like Sven Reichardt’s intro to this. Peukert’s intellectual trajectory out of the DKP in the 1970s is fascinating. https://t.co/lZQlvSMY5z

Germany started fighting WWI in 1914 with a GDP per capita measured in Maddison 1990s dollars of c. $3800 i.e. that of lower middle income country. War expenditure rockets to 50% of GDP by 1917 and GDP collapsed. Stark data from @mark4harrison and Broadberry Economics of WWI. https://t.co/Z7K2mmESYo

The collapse in the health care payroll in 2020 in the US is one of the most counterintuitive developments of the crisis. Made a big dent in GDP! wsj.com/articles/febru… https://t.co/8Qn9gHxbkA

I didn’t know that Herbert Butterfield signed off on his critique of the Whig interpretation of history in Sep 1931 just as Britain exited the gold standard and a National Government was formed. Something I learned from T.B. Mueller (2018) jstor.org/stable/26534557 https://t.co/itbHsU7OaQ

RT @MIHJournal: 5. @stefeich, “The Theodicy of Growth: John Rawls, Political Economy, and Reasonable Faith”: cambridge.org/core/journals/…

I really want someone to translate Tim B. Mueller’s fascinating essays "Von der „Whig Interpretation” zur Fragilität der Demokratie” Geschichte und Gesellschaft , 44. Jahrg., H. 3, Demokratiegeschichten (Juli – September 2018), pp. 430-465 We need it in English!

By the end of 2020 EU unemployment was again above US unemployment. thedailyshot.com/2021/03/08/emp… Don’t read too much into the numbers. Both sets are distorted. But it is more evidence for idea that EU needs more stimulus. Chartbook Newsletter #13 sign up: adamtooze.substack.com/p/chartbook-ne… https://t.co/eqnXyggIJ3

RT @Paul_E_Cohen: je me dis que la direction du Monde, qui semble gagnée par un accès de peur face au spectre de l'inflation, gagnerait à l…

"The pandemic-driven drop in the nation’s civilian labor force has been unprecedented in the post-WW-II era.” @SoberLook thedailyshot.com/2021/03/08/emp… https://t.co/61wooWwPil

RT @jason_kint: Bam! Lina Khan to be nominated for FTC. Happy Tuesday! @POTUS really is putting together a dream team of trustbusters for t…

RT @davidhuyssen: It’s not just the needless immediate destruction, but the ensuing generational damage that makes Brexit’s pettiness truly…

@Intetyst Was my experience too growing up in Baden Wuertt. in 1970s and 1980s. But I will say that against my English background I never trusted it & when I later got to spend time in Ruhr, Hamburg, Berlin any illusions on that score were busted. Its the new relevance I am interested in.

A divergence of US and EU inflation expectation is NOT a good sign for Europe. thedailyshot.com/2021/03/08/emp… More stimulus is needed. See Chartbook Newsletter #13 adamtooze.substack.com/p/chartbook-ne… https://t.co/30M5j2eJFf

Has anyone written anything good on the reemergence of class language in contemporary Germany? In the narrow academic field of history I think of H.U. Wehler’s last ride. But that must be parochial. What has driven this? Gerne auch auf Deutsch. twitter.com/Francis__Seeck…

The “recovery” of US employment in 2020 took it back to the lowest point of the 2008 recession … thedailyshot.com/2021/03/08/emp… https://t.co/whwswwMknt

The world’s growth outlook is brightening. BUT compared to the grim Nov 2020 outlook, the EU has seen the smallest upward revision. Why is Europe not acting? @LauBooneEco @OECDeconomy For more see Chartbook Newsletter #13 adamtooze.substack.com/p/chartbook-ne… ft.com/content/7f7d4b… https://t.co/DwtrRUAFGc