ADAM TOOZE

“Persistent output losses imply a major setback to living standards relative to what was expected before the pandemic,” @GitaGopinath “Not only will the incidence of extreme poverty rise for 1st time in over 2 decades, but inequality is set to increase.” ft.com/content/8b2864… https://t.co/AHGGiu8mCW

@TheeDigger @AdamPosen That is why you start the German data in 1990 to eliminate that effect.

With Chinese assets offering a handsome interest spread, foreign funds are flowing into China Treasuries and policy bank bonds. @GoldmanSachs via @SoberLook https://t.co/5E6fk0C9Ws

Almost all players in shale destroyed value except from landowners and early exits. Exxon, Conocophilips and BHP did so on a huge scale. equinor.com/en/news/202010… https://t.co/uO4yFxX41l

COVID-19 caused the largest annual decrease of CO2 emission since 1900. Larger than catastrophic aftermath of WWII? Yup. Because world economy is MUCH larger than in 1945! @LiuzhuLiu et al One for @SoberLook nature.com/articles/s4146… https://t.co/aLNdZeAv2b

@PRoufos @jvtklooster @zeithistoriker @simonfmee So glad I found this thread and the reference to @simonfmee book, which I did not know about. How exciting. MUST READ.

If PBoC wants to manage currency movements, one instrument in its toolkit are reserve requirements for banks buying and selling RMB. Tightened in 2016 to stem depreciation. Cut to zero to slow appreciation. @SoberLook https://t.co/Uqs7Xt3wB9

This account by Arendt of Karl Jasper’s as not just a dialogic thinker, but a dialogic person is truly remarkable! Loving @Samantharhill tweets this morning. What a gift. Thank you! twitter.com/Samantharhill/…

The market capitalisation of all shares listed in Shanghai and Shenzhen hit $10.08trn = higher than 2015 peak. Still far behind US markets at $39trn. @KangHexin ft.com/content/7e2d1c… https://t.co/pfnS0PcaWr

The original outline for Arendt's The Origins of Totalitarianism …. twitter.com/Samantharhill/…

RT @AestheticaMag: Doug Aitken's hypnotic installations examine how digital technology can influence humanity, connection and personal rela…

New real time C02 data show global emissions fell by 8.8 per cent in the first half of the year amid restrictions on movement and economic activity owing to the coronavirus pandemic, but rebounding strongly in China. @lesliehook nature.com/articles/s4146… ft.com/content/871534… https://t.co/mbRtSdzSrm

Btw 1990 and 2020 Germany saw an increase in inequality in disposable income roughly 25% greater than in US over same period. Gini’s can surprise you sometimes! imf.org/en/Publication… https://t.co/PgXxi2Ma1y

"Alarmed by the yuan’s rapid rise, the PBoC eliminated the capital requirements it had imposed on banks when they sold USD forwards to their clients.” -> yuan sells off. @SoberLook https://t.co/4OZvC5l7Fu

RT @_david_ho_: In the 1990s, Biosphere 2 reached out to Wally Broecker because they had a mystery: Excessive atm O₂ loss not accompanied b…

RT @LiuzhuLiu: In1980 The Simon–Ehrlich wager between Paul R. Ehrlich @PaulREhrlich and Julian Simon bet on the price trends of metals in 1…

Everything suggests that the @bankofengland has been rather overoptimistic in its forecasts for UK economy. Wonder what implications that will have for labour market forecasts. @DuncanWeldon Data @markets via @SoberLook https://t.co/jileZaM87Y

RT @bcqer: CC: @sebasfaber @Keemago @amshulman @MiraSiegelberg @sierramatute @Ant_Cordoba @diegoebarros @AntonioMaestre @ruthbenghiat @gile…

RT @bcqer: Finally, I’ve saved the best for last. 2020: Appears as background image for Twitter profile of Adrian Vermeule, Harvard law pr…

RT @bcqer: Since everyone’s talking about conservative Catholic jurisprudence, I thought I’d pitch in my two cents. Here are the curious a…

Everything suggests that the @bankofengland has been rather overoptimistic in its forecasts for UK economy. Wonder what implications that will have for labour market forecasts. @DuncanWeldon Data @markets via @SoberLook https://t.co/AqB9zCZ730

"The Strange History of Steve Bannon and the Biosphere 2 Experiment Here’s what happened when Trump’s chief strategist was given a mock Earth.” I find it hard to wrap my head around this story! vice.com/en/article/qkj… https://t.co/ZQS2ypiS1r

"Because ecological scale is a measure of relative interdependence, most informative scale for study of a given phenomenon is not an a priori decision but a conclusion reached empirically.” Big Is a Thing of the Past: Deb. R. Coen Journal of the History of Ideas , April 2016 https://t.co/6dPIsrifW0

The Anthropocene: A Multidisciplinary Approach Dream team of authors @thomasjna Willlliams & Zalasiewicz @politybooks The new definitive textbook? https://t.co/gNCKooilDc

Julia Adeney Thomas History and Biology in the Anthropocene: Problems of Scale, Problems of Value, The American Historical Review, 2014, 1587–1607 I dont wholly agree with conclusion. But this is a TRULY fabulous review essay. HIGHLY recommended. BRAVA @thomasjna https://t.co/kKoA4tuoZR

“Whereas Europe knew only four years of peace during the seventeenth century, and China knew none, Tokugawa Japan knew only four years of war (and none at all after 1638).” Geoffrey Parker. https://t.co/GbeyJTydRW

In 2009, U.S. Chamber of Commerce advised EPA that should predictions of global transformation be correct, “populations can acclimatize to warmer climates via a range of behavioral, physiological, and technological adaptations.” PHYSIOLOGICAL ADAPTATION! onezero.medium.com/will-heat-rema… https://t.co/PUZHNn15i0

“history is a subset of biology is a subset of chemistry is a subset of physics.” Ian Morris The Measure of Civilization: How Social Development Decides the Fate of Nations (Princeton, N.J., 2013). Hailed by @nfergus as “the nearest thing to a unified field theory of history" https://t.co/sDmmTbEI9O

Big History as Evolutionary Epic, this characterization by Ian Hesketh is fantastic! A new scientific mythology for the age of the anthropocene. "The story of big history." History of the Present 4.2 (2014): 171-202. https://t.co/hiQjk2ruHj

Banknotes in circulation rose sharply this year in Canada. "Some have suggested that slower retail activity reduced criminals’ ability to launder drug money, increasing cash holdings." @jp_koning Via @SoberLook https://t.co/5YMDLhsQgK

As far as small businesses are concerned, the US right now is a 75% economy. A quarter down on January! Alarming data from @OppInsights real time trackers. Via @SoberLook https://t.co/ZkaAnStKpi

@FukuyamaFrancis Hi @FukuyamaFrancis At what point do we stop talking about this as a “choice” for all Americans, seen as a single political body? Surely the people who face a deep dilemma are conservative Americans. And, for them, it is existential.

“Soldiers! Do your duty! Straight to the heart but spare the face. Fire!» The command given by Joachim Murat – Napoleon’s great cavalry general and sometime puppet King of Naples – to his own firing squad. Stylish and becoming of the man known as the “Dandy King”. twitter.com/Eric_Anceau/st…

The shale boom: Btw 2008 and 2014 the top 20 acquisitions in the shale sector came to more than $110bn! @SoberLook equinor.com/en/news/202010… https://t.co/ueLF5aaUbJ

@AlexisLitvine Yup in 2020 recession in US gender IS the story. Male unemp 2020 < than in 2008/9. It is female unemp that exposes drama of the shock and drives national average far above 2008.

US applies massive pressure to China tech sector. What happens? $1.4trn gov stimulus program and 12000, TWELVE THOUSAND firms register as new entrants to chip industry in first 9 months of year. Are they TSCM? NO! But who knows … scatter shot ind policy! ft.com/content/46edd2… https://t.co/xdGzmKp7b9