May 7, 2023
RT @MssZeeUsman: I hope people (in Africa, other low and middle income countries) pay attention to the massive policy shifts that are reorg…
RT @MssZeeUsman: I hope people (in Africa, other low and middle income countries) pay attention to the massive policy shifts that are reorg…
RT @olgatuleninova: Gustave Caillebotte, Boulevard from above, 1880. https://t.co/VNoJTtJkpa
Lucas (2004) asserts that "Of the tendencies that are harmful to sound economics, the most seductive, and in my opinion the most poisonous, is to focus on questions of distribution"
USAID, Europe's credit crunch, worldwide space ports & Stalin's moment of truth. The latest Chartbook Top Links just dropped. Sign up here: adamtooze.substack.com/p/top-links-20…
‘It’s hard to conceive of such a detailed agreement, completely reorganizing the word monetary system, being accomplished at any time except when there wasn’t any system operating at all" Volcker on the peculiar conditions enabling success of Bretton Woods in 1944.
Robert Triffin at Yale in 1960s lecturing on the international monetary system and the $35 per ounce gold anchor. https://t.co/zgXlQM7V7n
RT @BostonReview: In an essay adapted from her book The Long Land War—just out from @yalepress—historian @joguldi tells the story of how th…
"The Congress of Industrial Organizations (CIO)’s pamphlet Bretton Woods Is No Mystery pointed out that B and W stood for Bread and Wages" From Martin Daunton's The Economic Government of the World. https://t.co/t6t0tytxva
‘Increases in the productivity of the Balkan peasant, of the Hindu and Moslem in India, of the Chinese may seem of remote interest to many Americans; but they will contribute in the long run to both the economic and political security of USA" Hansen & Kindleberger 1942 https://t.co/WR6BvUS6Y7
RT @70sBachchan: 35/ Asia is turning its back on coal. 85% of planned coal expansion projects cancelled – Vietnam, Indonesia, Philippines,…
RT @TheNationalNews: 'To protect the world from pandemic threats, a comprehensive response is still essential' Opinion | @ddamned https:/…
Kung Hsiang-hsi KMT finance Minister in Berlin in 1937 trying to prize Germany away from Japan and onto the side of the Chinese nationalist government. https://t.co/Ca9rTkcnIM
RT @michaelxpettis: 1/14 A scholar at the Global China Initiative says that the developing world can use the example of China's AMC's to re…
RT @_miller_mark: This can't be repeated often enough 👇 twitter.com/michaelxpettis…
"If America, Japan and South Korea could co-operate effectively, it would have big implications for the balance of power in the Indo-Pacific.Yet the rapprochement rests on shaky foundations." https://t.co/pzgAd9wRga
RT @FAZ_Feuilleton: Das 59. Strafgericht in Istanbul hat den F.A.Z.-Autor @BulentMumay , der den „Brief aus Istanbul“ schreibt, zu 20 Monat…
RT @70sBachchan: 12/ Anyone in politics, please put this paper on reading lists. Synthesizes what scientists have been trying to tell every…
Fascinating thread on the fracturing of Germany's export-led industrial model. Must read. twitter.com/E_Schneider1/s…
Rather than ‘embedded liberalism’, Walther Funk’s plan for the currency system of a Nazi New Order in Europe has been defined as ‘embedded hierarchy'. Nice phrase from Martin Daunton's new book on global economic governance. https://t.co/nc8ndo5hBr
Where are the energy transition metals to come from? Huge questions need answering in the next 10 years. economist.com/the-americas/2… https://t.co/iNaATDjZ3H
RT @mariatad: The Arab League agrees to readmit Syria – ending more than a decade of regional isolation against Assad. https://t.co/SVcLe…
@niubi @Matt_Schrader_ Would love to Bill (& may try at some point, presumptious as that would be) but, for now, the difficulty of doing so – both figuring it out & articulating it – is kinda the point of the article: Threads have been snapped & weaving new ones seems almost inconceivable right now.
@shetlerjones @Judah_Grunstein @Matt_Schrader_ Completely agree that it is hypothetical, but if we refuse the hypothetical we end up conflating different dynamics, avoiding the question as to causation and naturalizing a historically produced state of affairs that PRC would like historically to revise.
RT @evgenymorozov: I'm happy to announce The Santiago Boys, a podcast that kept me busy for two years. Drawing on more than 200 interviews…
@shetlerjones @Judah_Grunstein @Matt_Schrader_ Within region obviously. But on the Sino-US axis I think we fundamentally disagree. The "China shock" in the US in the broader sense is independent of South China Sea, Taiwan etc.
@Judah_Grunstein @Matt_Schrader_ As Ive just replied to @shetlerjones I think the Sino-US antagonism is driven by global competition rooted in GDP/R&D growth, not local rivalry. Beijing is making things easy for Washington by local aggression/coercion.
@shetlerjones @Judah_Grunstein @Matt_Schrader_ Ok I get it. But I just dont buy that that is the real logic at work here. Say China did not indulge in local aggression but simply focused on turning GDP/R&D into world-beating AI, cyber, nuclear, space, hypersonic, missiles, do you think US reaction would be any different?
RT @HDrochon: Super event coming up at the @RemarqueNYU on @zeithistoriker's new book, with @RanaForoohar and @claraemattei👇check it out!💥…
@Judah_Grunstein @Matt_Schrader_ Is Beijing wrong? Its growth has changed the terms not just locally & over Taiwan. USA makes no bones about wanting to maintain primacy globally and status quo regionally. Isnt it fair to describe what Beijing faces as containment?
@CtheLala @BuddyYakov @Matt_Schrader_ You could also frame the argument as saying that we have crashed out of neoliberalism into a world of politics. But who is making that politics? And are its terms appropriate to the new world created by half century of globalization? My fear is not.
@CtheLala @BuddyYakov @Matt_Schrader_ 100% agree that neoliberalism was a non-"solution" = basic argument of Crashed. Hence pivot in final para of FT 850 words to say dont count on return of Davos man. Must do head on diplomacy & face need for accommodation. But since that does not compute, we are in real peril.
@Judah_Grunstein @Matt_Schrader_ Agreed & no doubt Beijing counts on that -> basic source of tension is Sino-US. On that axis logic of primacy/hegemony/nat politics comes into play. There is a growing body of opinion in US that considers it an open question whether one has to live/can live with CCP-led China.
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