@KatharinaPistor Sure. I take @MESandbu point to be a normative one which pits a sophisticated understanding of a reformist popular sovereignty against both “capitalism" AND the naive “take back control” rhetoric of Brexit.
RT @swartable: Eye-opening stats about Nigeria, hugely important twitter.com/adam_tooze/sta…
Between now and 2050, 35% of all urban pop growth worldwide will be driven by India, China AND NIGERIA (+189m). Chartbook Newsletter # 10 is a big note to self: Any account of 21st-century global dynamics must go beyond “Eurasian" axis. Read it here: adamtooze.substack.com/p/chartbook-ne… https://t.co/VPOc8qShJV
France is becoming a laboratory for the distributional and temporal disjunctures of the energy transition. First yellow vests protesting the price of diesel. Now nuclear workers striking to save the future of the 1970s. ft.com/content/49c5fe… https://t.co/w7aYVBokQZ
2020 is a remarkable test that way: US bigger fiscal response -> better GDP But terrible labour market institutions and unemployment insurance system -> labour market and social crisis -> puts huge pressure on political system to react. A @RaghuramRRajan theme. twitter.com/benbawan/statu…
RT @jcawley01: @adam_tooze I come from this world and know it well. They (we) have literally no idea what to do with all the cheap capital.…
"we increasingly understand the difference between globalisation & deregulation” -> Integration without race to bottom -> "reason why globalisation will continue, but take on a more overtly political form” 2 smart @MESandbu pieces ft.com/content/5454e3… ft.com/content/a04c18… https://t.co/AXAvXZ4xTL
Nigeria is a huge country with an economy held back by fundamental inadequacy of its electricity generating capacity/grid. The fix? Nigeria has heaviest proportional reliance on backup generators in the world. @EliotPence Chartbook Newsletter #10 up now: adamtooze.substack.com/p/chartbook-ne… https://t.co/vvaXzkQsOP
RT @SimShagaya: “That Nigeria's economy functions at all is credit to the endless capacity for improvisation displayed by its population. I…
RT @RobinBrooksIIF: Signs of lasting damage are starting to appear in European labor markets. Fix the participation rate at March '20 level…
Nigeria is expected to have 864 m births by 2100. 20% of all deaths in childbirth worldwide currently happen in Nigeria. Women in frontline of one of most dramatic episodes in demographic history. Chartbook Newsletter#10 on drama of 21st-century Nigeria adamtooze.substack.com/p/chartbook-ne… https://t.co/oXhiMN5PUI
RT @hshierholz: To get the economy back on track in a reasonable timeframe, policymakers should pass roughly $3 trillion in fiscal support,…
Your essential weekly thread on the labour market crisis in the US from the indefatigable @hshierholz For Congress not to pass the $900 bn package would be a profound dereliction of duty. twitter.com/hshierholz/sta…
RT @GregDaco: December 2020: Still more than 20 million claims #unemployment benefits A large share of those falling off regular benefits…
RT @oloflover: this is super-interesting a must read on Nigeria twitter.com/adam_tooze/sta…
The misunderstanding that bedevils UK position in Brexit negotiations is that "as Spain’s FM González has pointed out, trade deals are not vehicles for independence, but frameworks to manage (intensifying) interdependence." @MESandbu ft.com/content/5454e3… https://t.co/UjzijE4Aye
RT @Globalbizdynam1: Exactly! One ☝🏽 just imagines what may have been achieved with an efficient and effective electricity grid system in N…
@EliotPence Oh yes. All about those. Actually planning a post on the global phenomenon of “backup” generation. ESSENTIAL but problematic piece of kit.
RT @VitorVmcss: Demographics in the 21st century – Chartbook Newsletter #10 by @adam_tooze adamtooze.substack.com/p/chartbook-ne…
On current projections from sensible people like @pewresearch Nigeria’s population will overtake that of the US in 2047. In Chartbook Newsletter #10 I pull together some key material on what must be one of defining dynamics of 21st century. Sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/IvYV49nlXw
Dramatic escalation in tension btw China & Australia reflects conflicting strategies of balancing, bloc formation, values, party politics, elite struggles over control of policy, economic interests. Interesting piece this by @JamieSmythF ft.com/content/843c92… https://t.co/6e8cis4ex9
The US Treasury has labelled Switzerland & Vietnam currency manipulators. Treasury’s monitoring list also includes Japan, South Korea, Germany, Italy, Singapore, Malaysia, Taiwan, Thailand and India. Want to read @sobel_mark on this. #CurrencyWars ft.com/content/9bcd4d… https://t.co/3LxKaDSCYL
A miracle of improvisation, makeshift, self-sufficiency. Chartbook Newsletter #10 on Nigeria’s extraordinary 21st century trajectory. Few countries in world produce more GDP from so little reliable networked electricity! Sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/QgLZL9lR4j
French workers led by CGT on strike over plans for #energytransition that involve closing nuclear plants. Interesting case of #just_transition stress. But not quite clear from this report what the CGT’s particular concerns are. @DavidKeo ft.com/content/49c5fe… https://t.co/g3Qh5tf857
Chartbook Newsletter #10 On the awesome scale of Nigeria’s 21st century, economic growth, trade and energy. Sign up here: adamtooze.substack.com/p/chartbook-ne… https://t.co/sqvQDv291T
#carbonclub proposals are not protectionism but a deeper form of #globalisation, where cross-border economic activity is accompanied by cross-border rules: globalisation =/= deregulation. More not less politics. @MESandbu ft.com/content/a04c18… https://t.co/My23fuGEP7
#EU has partially withdrawn tariff-free trading rights from #Cambodia in protest against human rights violations. EU accounts for 45% of Cambodian exports. Will same rules apply to new trade deal with much bigger Vietnam? ft.com/content/ce8cb5… https://t.co/rKbAjYCljt
Spain’s Iberdrola has remade itself over decades as a #GreenEnergy giant. #3 #electricity utility by market valuation in the world. Fascinating ft.com/content/4921d3… https://t.co/T2f8TOiYpf
Why level playing field matters: Businesses/states should not compete on evading democratically determined rules. One might even say that making globalisation & common rule-making go together is a "precondition for popular sovereignty.” @MESandbu spot on! ft.com/content/5454e3…
Updating Germany's debt brake. What does a truly sustainable public finance system look like. @PhilippaSigl @DezernatZ are pushing the discussion in Germany. twitter.com/PhilippaSigl/s…
RT @KalebNygaard: In honor of @TheEconomist cover this week… A sampling of 50 years of inflation on the cover of major magazines (18 in…
Container freight rates from China for export have spiked to record levels. Another symptom of the constipation afflicting the global #logistics system. Data: @SoberLook https://t.co/SbB7rY714R
RT @AntonJaegermm: Coincidences don't exist twitter.com/lionel_trollin…
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