ADAM TOOZE

Covax had promised to deliver 15m vaccines to Africa in Feb and a further 40m in March. Ghana became first country to receive 600k Oxford/AstraZeneca from Serum. Where are the rest? @neiLmunshi @davidpilling ft.com/content/d36090… https://t.co/aB99iO0Rgk

A propos the distinction btw “austerity (ir)realism” and “capitalist realism”: A large group of senior Wall Street executives, including David Solomon of Goldman Sachs and Stephen Schwarzman of Blackstone, have backed Joe Biden’s $1.9tn stimulus plan @CallumCant1 @BarnabyRaine https://t.co/Be0SXFi7Sx

It makes little sense for EU member states to complain about inadequate vaccine strategy if they are not actually getting the shots they do have into people’s arms! What on earth is going on in Germany? Could be pushing 10% by now! ft.com/content/a7188a… https://t.co/GeIGx7z0Nu

How to square Berlin/Commission led EU-China CAI, Macron’s need for a signing ceremony in 2022 and the E Parliament’s demand to do something about Chinese forced labour? Typically smart this by @alanbeattie ft.com/content/a7188a… https://t.co/vKE2fYz2oB

Is the tug of war in the bond market right now a real turning point or more like a shift in gears? ft.com/content/ea46ee… https://t.co/RoNv0984pi

I very much like the distinctions btw "austerity realism” v. capitalist realism And Common sense v. Good sense (Gramsci) That this article offers in its analysis of UK Labour’s defeat in 2019. By @CallumCant1 H/t @BarnabyRaine notesfrombelow.org/article/unders… https://t.co/FDVrV7Yka3

Germany’s Social Democrats block reappointment of Lars Feld to a third time on powerful economic council ft.com/content/a797c6… https://t.co/kAKBIkSFng

RT @cesifoti: During this decade, I grew convinced that scientists do not leave fields because they get tired of ideas, but because they ge…

Is the ECB doing enough? A favorite chart from @RobinBrooksIIF and @IIF team highlights difference btw impact of QE in 2015 and in 2020. Features in latest Chartbook Newsletter #13 making case for more aggressive policy in the EU in 2021. adamtooze.substack.com/p/chartbook-ne… https://t.co/pAF7EXp3Jx

“Europe should go on fiscal policy too”. LOVED this @FinancialTimes editorial. I suspect @MESandbu may have had a hand in. Chartbook #13 Newsletter compiles great graphics by @RobinBrooksIIF @fwred @ErikFossing to back up the case. Read/sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/eTy6kNA0zz

The EU’s fiscal policy push in 2020 was big. But for 2021 we need more. US policy push far larger as @ErikFossing suggests in this great chart featured in Chartbook Newsletter #13. Read/sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/gHZLaeW6am

The EU did a bigger fiscal policy response in 2020 than ever before. As is neatly illustrated by this chart from @fwred on basis of @IMFNews data. But is it enough? Chartbook Newsletter #13 argues for more. Read and sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/Bp5Z2Us6Dk

@RobinBrooksIIF yeah. The newsletter is a homage to your work and an advert hopefully for folks to follow your account. Indispensable!

RT @gabrielwinant: I told my therapist, "I feel like my life will change when I get this armchair," and then had to talk about how that was…

RT @rortybomb: You absolutely love to see it.

RT @ThatEricAlper: Al Pacino and Robert De Niro During the Filming of The Godfather Part II in 1973 https://t.co/tb44XkUNEW

RT @ExanteData: The table below shows the current state of hospital pressure in the US. VT, MD and TX are at their peaks while NY and DC ha…

RT @PeterContiBrown: Having fun with some 1970s Fed history today and enjoyed learning that Arthur Burns in 1977 sent the just-inaugurated…

RT @BurbaumerB: Working on international trade and the underpinning infrastructures, I found "Sinews of War and Trade" a fascinating book.…

@LeusderListicle It’s shocking the extent to which they don’t grasp this. Have heard frankly mind blowing things around the eib!

ECB/EU have responded more vigorously to 2020 shock than at any previous time. But core inflation numbers tell story of deflation risk. Along with many others I am banging the drum for even more policy action in 2021. Check out Chartbook Newsletter #13 adamtooze.substack.com/p/chartbook-ne… https://t.co/xqXciB73kJ

RT @gonlomo: Europe needs to step on the gas. Esto de @adam_tooze. En 2020 Europa dio pasos importantes, pero pequeños. https://t.co/6k1i…

Chartbook Newsletter is back. Get #13 here adamtooze.substack.com/p/chartbook-ne… And sign up. I join the chorus of @ErikFossing @RobinBrooksIIF @MESandbu @FT calling for the EU to hit the fiscal and monetary policy gas in 2021. https://t.co/X1DMYBgA73

RT @PSodhan: @adam_tooze @duffmcdonald wrote a great book on the topic! https://t.co/HsbSPZKW8R

RT @pisaniferry: Chancellor Merkel's approval rating over 16 years (from @CER_EU): low point 50 per cent, current level 84 per cent. certai…

10 rich countries account for more than three-quarters of Covid vaccinations, while 130 countries have yet to give a single jab -> opens door for Sputnik, Sinovac and Sinopharm bloomberg.com/opinion/articl… https://t.co/MbQdfwYcYR

A New Class of ‘Performance’ Beers Is Taking a Page from Gatorade Yup you read that correctly I must admit I did a double take too. Added electrolytes apparently. bloomberg.com/news/articles/… https://t.co/8e5SSPbRNJ

Industrial History LOVE this website What fabulous material! industrialscenery.blogspot.com/search/label/q… https://t.co/iZ5MK57VAD

V striking image and reminder of just how brutal was the manual harvesting of potato crop. twitter.com/olgatuleninova…

General Silva e Luna who currently runs a hydroelectricity generator has hinted that Petrobas policy of setting fuel prices in line with international levels could be suspended. He believes state-controlled companies should “contemplate social questions”. ft.com/content/9f0825… https://t.co/bNtF5BMwWR

“We have an Air Force and in the US, we have a Space Force and we have a cyber force in the UK. I think we need a Bio Force,” says CEO of Illumnia which makes 70% of all sequencing machines worldwide. @hannahkuchler ft.com/content/556acc… https://t.co/p5dsW7D7h2

Will CureVac be the NexGen Covid Vax? UK government has agreed to provide German economy with access to its genomic sequencing expertise. In exchange, the UK will receive 50m doses of the biotech’s jab and permission to use contract manufacturers. ft.com/content/c31597… https://t.co/75OSbj3V7Q

Growth in labour productivity has slowed across @OECDeconomy since 1990 but nowhere more sharply than in the UK. @martinwolf_ sounds the alarm. ft.com/content/217f6d… https://t.co/T8X0AvG7Gq

Why was the R&D share in GDP in the UK half that in Japan and Sweden 2010-2018? = recipe for long-run stagnation and low productivity/low wage growth. This excellent by @martinwolf_ ft.com/content/217f6d… https://t.co/j8KG1O0MQy

Coming from behind: Despite lagging in the vaccine race Curevac has twice in the last few weeks surpassed market valuation of Deutsche Bank and now stands at about €16bn. ft.com/content/c31597… https://t.co/jaVGbiVX9P

RT @APHClarkson: "Romania, leading in Europe" At some point a lot of people need to start rethinking their East-West assumptions when it c…