ADAM TOOZE

In 1900 there were 18 central banks in the world. In 2010 there were 180. ecb.europa.eu/pub/pdf/scpops… https://t.co/JibWMnsbcq

Enjoyable to follow the progress of Stuart Elden’s study of the young Foucault in diary format. Out next year. I look forward to getting Aner Barzilay’s response. progressivegeographies.com/2020/10/02/the… https://t.co/y6z0a9hKRF

Whereas early on in the Covid crisis the US led the world in terms of fiscal stimulus, this is no longer the case. All the European countries have piled on new commitments over the summer which put them well ahead. @OECD oecd-ilibrary.org/economics/oecd… https://t.co/9O1xyMV8Lo

"JR Central’s maglev train returns to the station after setting a new world speed record in a test run at the Yamanashi Maglev Test Track in 2015, clocking more than 600 kilometers (373 miles) an hour.” But does it have a future in a shrinking Japan? bloomberg.com/news/features/… https://t.co/9fR4ulQP1L

As US army pivots to focus on "large-scale combat operations” -> counter insurgency, complex urban warfare etc are no longer top priorities. Out of frying pan into fire … twitter.com/TheNatlInteres…

Data for hours worked give a less distorted impression of labour market conditions worldwide than unemployment figures which are warped by short-time working schemes. @OECD One for @SoberLook oecd-ilibrary.org/economics/oecd… https://t.co/geAYK8uXS1

A 2014 report issued by an independent think tank offered the dire prediction that by 2050, half of Japan’s regional cities and towns would be extinct. -> drastic implications for Japan’s infrastructure such as railways. bloomberg.com/news/features/… https://t.co/929AF5Rlur

Japan’s first bullet train line, between Tokyo and Osaka, opened in 1964. They have become a national icon and a valuable export. But what is their future in a post-COVID world? Sarah Sieloff Photographer: Three Lions/Hulton Archive via Getty Images bloomberg.com/news/features/… https://t.co/TNxzbGSXuX

RT @VisualCap: Visualizing the World’s Top Plastic Emitting Rivers 💧 visualcapitalist.com/visualizing-th… https://t.co/SG39FyAlAz

RT @EuropeanArtHIST: The Eclipse of the Sun in Venice, July 6, 1842 – Ippolito Caffi (Italian, 1809–1866). #art https://t.co/EC8SrNeNHC

“Milton Friedman isn’t running the show anymore,” Biden told Politico in April. @alaashahine on the shift from monetary to fiscal policy. bloomberg.com/news/articles/… https://t.co/BOT8hI3MLF

The gap between China and India (and Mexico, and Brazil and South Africa) revealed by @OECD estimates for global GDP in first half of 2020 is jaw-dropping. BRICS no more. oecd-ilibrary.org/docserver/34ff… https://t.co/FlAeeZHlcb

The gap between wages of married white men in the US and everyone else, including single white men, is really dramatic. @SoberLook stlouisfed.org/on-the-economy… https://t.co/FXAC7vKG1O

Where should the vaccine be made available first: 44% Americans plumped for the US v. 25% of Germans! Variety of different factors in play here but still …. @TheEconomist via @SoberLook https://t.co/rrZEb0YnBv

If you wanted to hedge against the polarization of American politics this year, one thing you could have bought were shares in gunmakers! Data via @SoberLook https://t.co/WajyZemEF1

RT @GWilliamThomas: @adam_tooze Strong Tinker, Tailor energy there

Carbon pricing? As @mmildenberger @leahstokes argue, it may be a counterproductive dead end. bostonreview.net/science-nature… But with expansion of Chinese system it will cover >20% global emissions. Time to make it as globally effective as possible! wsj.com/articles/busin… https://t.co/Zd3sh3mDQe

Last week @BizRoundtable announced it “supports a goal of reducing net U.S. GHG emissions by at least 80% from 2005 by 2050.” = US 2016 Paris commitment. Not enough but a sign of shifting position of business. How will Chamber and NAM line up? H/t @greg_ip wsj.com/articles/busin… https://t.co/43BpP7KQZV

There is something about the juxtaposition of Carl Schmitt’s aura on left and the 1970s outfit on the right that I can’t help finding very eerie. https://t.co/DrffEkgNtf

Clearly it is true that China in 2020 isnt the locomotive of stimulus it was in 2008/9. BUT. It is only G20 economy going to grow much in 2020 and Chinese demand IS driving recovery in global ag markets e.g. for hogs and soy. Data via @SoberLook https://t.co/or6RKZxBJk

What share of workforce works in farming? What share of GDP comes from ag? In discussing what makes an “EM” and how they differ we dont pay enough attention to this classic structural variable. @PantheonMacro via @SoberLook https://t.co/9f9ADTpc6L

Carl Schmitt with his high school class of 1904. Paul Noack, Carl Schmitt – Eine Biographie, 1993, S. 181; commons.wikimedia.org/wiki/File:Carl… https://t.co/Y524mpr6ZA

Golden handcuffs? As its fx reserves drain away, Turkey seems bent on testing how far big EM can go in asserting national sovereignty v. The market. @GoldmanSachs via @SoberLook https://t.co/8nwgPHAZK1

As talk of uncoupling from China reaches new heights, foreign bond inflows into Chinese debt surge. Its a fascinating "trial of strength” btw different types of forces. @IIF via @SoberLook https://t.co/c1D9R8d8mb

Carl Schmitt???? Turns out Carl Schmitt (1889–1989) was a rather talented American divisionist painter who looked a lot like you know who …. carlschmitt.org https://t.co/dpBFsdO1U4

"For financial markets the 2010s were a time when it was hard to tell good news from bad.” Great line from @TheEconomist economist.com/special-report… https://t.co/7G6rINjWQ2

Does anyone know of any good critiques of Schmittian riff which counterposes restrained “war in form” to unfettered violence of liberal “just war”/“Policing”? Obs, annihilatory impulse may dominate the latter. But doesn’t seem either logically necessary are historically true. https://t.co/884Zo2gxRe

RT @AestheticaMag: #SeriesOfTheDay “I will show you fear in a handful of Dust” – T.S. Eliot. Nadav Kander’s ‘Dust’ is a haunting collecti…

RT @GarethFearn: Been reading some criticisms of Halls 'authoritarian populism' (how he described Thatcher's appeal), and none have really…

In 2008 Morgan Stanley suffered a profound crisis. The transformation in business strategy since is pretty dramatic. Jury still out on whether it can truly differentiate itself btw JP Morgan and Goldman Sachs. ft.com/content/22d7c8… https://t.co/SaQBGdXXKN

The deployment of PPP loans to US businesses in April/May via banking system was quick but dirty fix in that it allowed no selectivity and favored existing client relationships. Bartik et al. papers.ssrn.com/sol3/papers.cf… https://t.co/WClJikHmyB

"The UK has plenty of form in pursuing hubristic nuclear projects that become money swamps.” Will its plans for a new generation of small nuclear reactors be any different? Jonathan Ford. ft.com/content/993071… https://t.co/nKDSXy9RSp

“The [Fed chair’s] pulpit is not as powerful as the ballot box. Everything is viewed through prism of election coming in less than four weeks,” “The congregation is there, they’re just preoccupied with something else,” @JamesPoliti on Powell’s fiscal push. ft.com/content/913226… https://t.co/UJZGCrdqGj

Fine dining in the COVID era: Cheeto Jenga! https://t.co/s77x6EWMLq

RT @YanQinyq: 🇨🇳 Climate advisor mentioned 4 aspects for the pathway to 2060 neutrality📉 🔹Structrual transformation/Digitalization 💻 🔹Circ…

RT @YanQinyq: China climate expert He Jiankun discussed key measures for the new climate goal📉 Reduce energy-intensive industry; 0-emissio…