ADAM TOOZE

Remarkable report on China’s power stations from above. @wiwo @LiveEO_space wiwo.de/wirtschaft-von… https://t.co/LL358hX6Jq

The @IEA says that new utility-scale solar projects now cost $30-60/MWh in Europe and the US and just $20-40/MWh in China and India, where “revenue support mechanisms” such as guaranteed prices are in place. @CarbonBrief carbonbrief.org/solar-is-now-c… https://t.co/FxIUbjtmV9

Trajectory of inequality in US & Russia post Cold War is telling. In early post-Soviet period it surged to unprecedented heights in Russia. Then stabilized & fell in 2000s. In N America it just kept on rising to reach levels that exceed those in Russia. lucaschancel.info/hup https://t.co/cLVIHERz9H

RT @jknyman: 2020, summed up by Tolstoy in 1867: https://t.co/jb0HKBeowg

Only One Earth, June 1972, the UN Conference on the Human Environment in Stockholm. Indira Gandhi, the only head of government to attend other than hosts, told delegates that poverty was the worst form of pollution environmentandsociety.org/arcadia/only-o… https://t.co/FKx1ggaxWw

In the early 1970s amongst US University Faculty c. 30% identified conservative and 5 % far-left. By 2015 c. 12% each. This is the big shift in campus climate. Ignore the extraordinary collective mislabeling as “liberal” by @chronicle Oct 16 2020 edition. https://t.co/a6rXAvVaXF

Want to know what currency markets think about US/Trump elections? Track the Ruble/Peso rate (sic). Ruble rises with Trump as peso falls and visa versa! bloomberg.com/news/articles/… https://t.co/qeAMWVNn3r

LBJ on Immigration President Lyndon B. Johnson's Remarks at the Signing of the Immigration Bill Liberty Island, New York October 3, 1965 lbjlibrary.org/lyndon-baines-… https://t.co/lIKJcHeWvh

"Washington in … 2018 was several months into a trade war. It was vicious, no doubt, but somehow reassuringly practical too. Among the neo-Roman grandeur was the bathos of washing-machine tariffs and soyabean shipments.” J. Ganesh ft.com/content/72b8ca… https://t.co/KwwtukSUwD

1965 marks a watershed in US demography and in the trans-Atlantic conveyor of migration. ft.com/content/72b8ca… https://t.co/serygeNFQd

Since 2005, nearly $220 billion of capex has been spent in the deepwater Gulf of Mexico, bringing recent production to all-time highs above 2 million boe/d equinor.com/en/news/202010… https://t.co/sbvhrZ5KF9

"America’s 1965 Immigration and Nationality Act gets lost in lore of 1960s, but few events outside war and Depression have done more to change USA. Ended preference for European immigrants. Expanded US pop & made it enormously less white." Janan Ganesh ft.com/content/07d950… https://t.co/61jAfPriPt

In the last 20 years life expectancy around the world has converged towards the AE norm of low 80s. Some low-income countries have made spectacular gains. One for @SoberLook imf.org/en/Publication… https://t.co/cXj6tBfULg

The dash for gas or How fracking changed the US gas industry = crucial to the “all of the above” climate agenda of Obama administration and “energy dominance” of Trump era. equinor.com/en/news/202010… https://t.co/rVlItbKnPW

International Comparison Program (ICP) released new PPP on basis of which we calc shares of global GDP etc. Small revisions for 2017 marginally reduce share of EM. NB PPP no longer makes a big difference for China: 17.4% PPP v. 16.8% at market exch rates imf.org/en/Publication… https://t.co/csf8b62aOs

Top decile share of national income in 1980–2016. Distribution of national income per adult, before taxes but after social transfers (pension and unemployment benefits). The Indian series is the really explosive one here! From @lucas_chancel new book lucaschancel.info/hup https://t.co/S9WlYmbQdq

Great thread this on Otmar Issing’s latest “intervention”. twitter.com/zeithistoriker…

Chinese stock market used to be driven by retail investors. Today it is 70% institutional and 5% foreign. Huge shift in market dynamics. @KangHexin ft.com/content/7e2d1c… https://t.co/uxUbwqcK7x

Output gaps Oct 2020 edition: @RobinBrooksIIF @heimbergecon and the CANOO crew of all vintages have been waging a sustained campaign against these estimates. But, even using this flawed method., the results for Euro area ought to be highly alarming! imf.org/en/Publication… https://t.co/w3yGPJMqP6

Hannah Arendt Arendt's 2nd major work, The Human Condition, began as a book about Karl Marx “the traditionalist”. twitter.com/Samantharhill/…

Coal cons per capita over the long-run. High-Income country data casts serious doubt on “substitution” version of Carbon Democracy thesis. In 1970s coal intensity is rapidly rising. The key is not oil v. Coal but how coal for electric power is mined! imf.org/en/Publication… https://t.co/4wfEqVICwF

Who Bet on Shale? Selected companies and the bet taken in shale gas and tight oil (Net M&A + Capex) BUSD real 2020 equinor.com/en/news/202010… https://t.co/mqJr3CQhNE

Yesterday Italy sold €3.75bn 3-year zero coupon bond priced at a slight premium to its face value, giving it a yield of minus 0.14 per cent. @TomStub Thank you ECB! H/t @DanielaGabor ft.com/content/56e4dd… https://t.co/W52H0rWJzn

We used to pat ourselves on back for getting through 2008 without Smoot-Hawley 2.0. But @gtalert data, in fact, paint a grim picture of rising tariffs worldwide. imf.org/en/Publication… https://t.co/Nkreguyczb

The 2020 shock captured in the decline in IMF growth forecast for 2019-2025 before and after corona shock. @ChrisGiles on latest WEO. ft.com/content/8b2864… https://t.co/PmMWlRCV8V

RT @DanielaGabor: you say r<g, I say ECB!!! ft.com/content/56e4dd… via @financialtimes

RT @DuncanWeldon: I think Perry Anderson has dubbed me a member of the “English intelligentsia”. I’ll take it. newleftreview.org/issues/II125/a…

RT @heimbergecon: Keep going, IMF! "Most advanced economies that can borrow freely will not need to plan for austerity to restore the healt…

RT @70sBachchan: Its only thanks to a 5-4 Supreme Court ruling that CO2 is considered a dangerous pollutant by the EPA. It enabled laws to…

RT @KingsCHoSTM: Tonight's seminar will feature @_Tom_Kelsey discussing his research into Concorde and nuclear power in Britain. https://t.…

RT @70sBachchan: After spending the last 2 months painting Americans as reckless idiots, is nytimes finally going to start portraying Europ…

RT @StefanAykut: Cycling infrastructure in Paris: 700 km constructed, 700 more planned until 2020, including high speed bike lanes. In 1990…

RT @RobinBrooksIIF: IMF World Economic Outlook highlights challenges with output gaps. Spain's sharp fall in GDP gives it a bigger gap than…

RT @AlexanderMcCoy4: @DanielLarison Lawful Evil on the D&D alignment chart https://t.co/ayiLhJWCzY

If you believe the Gini’s, since 1990 disposable income inequality in Russia has fallen by twice as much as it has increased in the US. Is this due to the benchmark year? imf.org/en/Publication… https://t.co/ZjjWGPtR7d

"Extensions of fiscal countermeasures represent an upside risk to global growth.” By which @IMFNews @GitaGopinath mean that if gov added MORE stimulus we could have much BETTER outcome. Otherwise, fiscal will be HUGE drag in ’21. imf.org/en/Publication… imf.org/en/Publication… https://t.co/vrCeLKeU8L