2020 saw the Sharpest Rise in Poverty Rate in US in More Than 50 Years. Concentrated in 2nd half 2020 when CARES was allowed to expire. 5.4% leap for Black Americans = 2.4m individuals. Meyer & Sullivan work is essential stuff. bloomberg.com/news/articles/… https://t.co/fryN4zGfxo
@BoomBoomMeow__ Thanks. Point taken. It is being reported right now as a 2020 thing. Was the 2017 interest driven by the run up happening back then? So, is this a recurring cycle?
@SchemaReader @nic__carter Took it down. Way the fidelity piece was written it suggested a new level of interest on their part. Can you recommend anything to read on long-term institutional interest in crypto. It is being pitched right now as a 2020 thing. Was 2017 part of the run up to the previous peak?
@matcasey This, I agree, is an absolutely fundamental question. Agreed that there are serious risks involved. Questions is: what are the alternatives?
Four economic worlds post COVID: China already back on trend EU will get there end 2022 US likely to overshoot trend in mid 2021 EM ex China are NOT recovering to trend path! thedailyshot.com/2021/03/01/us-… https://t.co/gYZKW3IQV4
@f_wintersberger Sure. As a sufficient condition, but not necessary. Some monetary phenomena are inflationary. Not all are. That depends on other factors, some of them non-monetary.
@azraisakovic @Olivier1Schmitt @stenrynning @amelie_theussen @stefeich @alexander_clapp C’est vraiment très cool! Merci pour le mention. 🙂
When we talk about inflation risks we need to talk about wage-price spirals. And when we talk about wage-price spirals we need to talk about bargaining power. Which means we have to talk about trade unions … and their declining strength. thedailyshot.com/2021/03/01/us-… https://t.co/qwFrwEIgWa
Central bank effectiveness I am sure this is a ****show as far as chart crime is concerned. I mean what is on the y axis for starters? But let's talk about the thesis. IS the PBoC the most effective central bank? If so, why? thedailyshot.com/2021/03/01/us-… https://t.co/5o3yn0XdMD
“It is increasingly clear that Biden himself is not as hawkish (on China) as his advisers,” Interesting overview this on the US-China “reset” @Dimi ft.com/content/cf71fe… https://t.co/bXEyOAD9jw
@CEB31433468 Yup. But the metric I am using is CO2 emission not electricity consumption. Obviously a big country like Argentina has a far bigger carbon footprint.
Whenever I teach readings on the history of the Weimar Republic, I end up teaching this block buster review essay by the great Peter Fritzsche. It is from 1996. Has anyone done anything similar since? The Journal of Modern History , Sep., 1996, Vol. 68, No. 3 629- 656 https://t.co/yCvLz1fD4t
Brazil is dependent on truckers to keep its economy moving. > 60% of cargo in the continent-sized nation is transported by truck, compared with 32% in US and 43% in Canada. Take away iron ore — usually moved by rail — and the figure is even larger. ft.com/content/a2c953… https://t.co/R3GjUFVbAB
In cleaning up global finance and curbing tax evasion and illicit flows "Particular responsibility lies with US & UK, both are hosts to large enabling environments for illicit finance, & both vulnerable to corrosive capital” This is excellent by @MESandbu ft.com/content/34aa12… https://t.co/qbFzEMw6hB
RT @penetpp: Thrilled to see our book out @OxUniPress @JFloresZendejas. ‘Sovereign Debt Diplomacies: Rethinking sovereign debt from colonia…
RT @ITM_archives: After the launch of the ironclad battleships Duilio and Dandolo, two new capital ships, “Italia” and “Lepanto” were laid…
Diesel Democracy? Tim Mitchell made veto power of coal miners into the basis for a history of democracy. What about truckers in Brazil? Lack of rail infrastructure -> country depends on truckers. Strike in 2018 took 1.2% off GDP! They love Bolsonaro. ft.com/content/a2c953… https://t.co/jCRUt4qTU0
RT @Reuters: Northern Irish loyalist paramilitaries withdraw support for 1998 peace deal reut.rs/386SsWg https://t.co/hpVjrpPBCI
RT @Prof_Phillipson: Pondering whether can claim money from my department's strategic research account to pay consultancy fees to a Master…
Its a funny old world in which giant fiscal policy stimulus actually drives a surge in the savings rate and monetary policy acts via financial markets and wealth effects. thedailyshot.com/2021/03/01/us-… https://t.co/trUT6nIInc
Follow @jraimo for regular tantalizing additions to your intellectual “to do list”. Gotta spend more time with Hartog. twitter.com/jraimo/status/…
"liberals are embracing a more strategic role for trade policy precisely to convince the more protectionist-minded that their objectives can be met with continued — but more “assertive” — openness.” Really subtle piece by @MESandbu on EU trade policy. ft.com/content/d4ba1d… https://t.co/RZjadRKJ4j
RT @arpitrage: So why is Europe stagnating economically? Also an interesting @adam_tooze piece (socialeurope.eu/europes-long-c…). After Covid, euro…
RT @azraisakovic: #Bitcoin/ Chartbook Newsletter #15 – Tout discours sur l'argent est un discours politique. Se livrer à des discussions s…
This daily briefing by @azraisakovic is VERY cool. What a great line up of reading here! Recommended. Coleman on French capitalism @Olivier1Schmitt @stenrynning @amelie_theussen on War Time @stefeich on crypto @alexander_clapp on cryptomining twitter.com/azraisakovic/s…
Whatever else you say about bitcoin, it is certainly productive of some interesting thinking about money. @izakaminska idea that ransomeware is to crypto what taxation is to regular money, blew my mind this week. Check out Chartbook Newsletter #15. adamtooze.substack.com/p/chartbook-ne… https://t.co/SOkVB7T3f6
The political economy of crypto. Chartbook Newsletter #15 is framed by work from @jp_koning and @stefeich on the political economy of money. Check it out at adamtooze.substack.com/p/chartbook-ne… https://t.co/u7bfLEpaux
Bitcoin has seen a huge surge of interest in the last few months, but it is just one subset of the wider development of digital currencies, brilliantly mapped by @BIS_org See the new Chartbook Newsletter #15. Sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/L7F8y9KO6k
Good News: China is ending bitcoin mining in Inner Mongolia as of April. = major source of global supply. New Chartbook Newsletter #15 is all about the political economy of crypto. adamtooze.substack.com/p/chartbook-ne… https://t.co/aOg5g0UCqV
The artificially generated scarcity on which bitcoin proposes to found a new monetary system is one of its truly weird features. Gives rise to bizarre process of coin mining. New Chartbook Newsletter #15 wraps with Alexander Clapp’s remarkable essay. adamtooze.substack.com/p/chartbook-ne… https://t.co/VpafJkZuT7
@michaelsderby @sam_a_bell It seems she was taking a rubinite line on fiscal policy v. The Bush admin "She has been an outspoken advocate for fiscal responsibility.” H/t @ProfFaustus berkeley.edu/news/media/rel…
@michaelsderby @sam_a_bell I totally agree that she was obvious, but still am a bit puzzled how someone so obviously on the left hand side of the Dems gets picked for a job like that in 2004. Who are the key stakeholders in the SF district? We have a pretty good idea of how Geithner landed the NY Fed job.
Can anyone recommend anything good to read about how Janet Yellen was picked to run the SF Fed in 2004? At that point she was known as an outspoken critic of the Bush administration. How did she get the job? sfgate.com/business/onthe… https://t.co/W5DpeQZ76V
RT @asgeirberg: @IsJokull @adam_tooze "….Bitcoin’s “solution” is to create an artificial scarcity founded in solving maths problems with…
© 2025 Adam Tooze. All Rights Reserved. Privacy policy. Design by Kate Marsh.