ADAM TOOZE

“He held the tube in his hand thoughtfully. ‘Yes, here is the pestilence imprisoned.” – H. G. Wells, The Stolen Bacillus https://t.co/h6LKC5Lr9r

Thought-provoking by @martinhaegglund on COVID & Marxian reading of species being. The philosophic-anthropological move is (always) powerful, but can’t help thinking that it collapses a bunch of mediations that a conceptualization like risk society is trying to grasp. twitter.com/martinhaegglun…

Its been amazing to watch/ experience how a labour market catastrophe, like that in US, can become normalized over a matter of months. @hshierholz @EconomicPolicy are amongst those resisting that deadening. There are 28.8 m Americans on unemp right now! epi.org/blog/ui-claims… https://t.co/IekfjqKmUv

Worries about European bank debt have not entirely disappeared since the March spike. But we are off the painful peaks! Big relief for financial sector. @ahirtens wsj.com/articles/europ… https://t.co/Fm9uzCXGLP

Is @JoergAsmussen one of key German players in eurozone crisis planning a return to frontline of German (economic/financial) politics? twitter.com/JoergAsmussen/…

Uneven recovery: though there is a rebound in consumer spending from COVID shock it is NOT even across the USA and it comes with a HUGE reallocation of spending btw sectors. @WSJecon blogs.wsj.com/economics/2020… https://t.co/ohq85CHHky

If “epistemology,” is the abstract problem of production of knowledge. For Gramsci “Gnoseology,” “refers to the effective reality [Wirklichkeit] of human relations of knowledge.” I learned a lot from this piece by @generalityiii in @viewpointmag viewpointmag.com/2020/05/28/pes… https://t.co/LB3tTPLYhP

RT @BuddNicholas: Thanks for the recommendations ⁦@adam_tooze⁩ ⁦@irgarner⁩ I have to say, I can’t wait to get stuck into Scharnhorst, tho…

There has been a lot of attention paid to Fed support of corporate debt markets and its spillover effects. But ECB has long bought corporate debt & there too, HY segment benefits indirectly. @ahirtens reporting. wsj.com/articles/europ… https://t.co/9l4EbwIsmI

Overshooting? What chance is there of Fed actually being able to push inflation above 2%? bloomberg.com/news/articles/… https://t.co/xHK3yTJ2uT

"Pessimism of the intellect, optimism of the will”, the line so often attributed to Gramsci was taken from Romain Rolland review of Raymond Lefebvre’s novel The Sacrifice of Abraham. Formidable essay by @generalityiii in @viewpointmag unpicking a cliché viewpointmag.com/2020/05/28/pes… https://t.co/yHYN7gJFuI

At the same time as Fed has helped big firms to borrow at unprecedentedly easy conditions, small firms face tightening loan standards from banks. bloomberg.com/news/articles/… https://t.co/kUlmOCVlDE

“pessimism of the intellect, optimism of the will” – The phrase attributed to Gramsci has become a cliché. This formidable essay by @generalityiii in @viewpointmag unpicks its deeper & more difficult meanings. viewpointmag.com/2020/05/28/pes… https://t.co/YNKQIzj14u

RT @marceldirsus: This is one of my new favourite Merkel moments. A journalist asks her about Richard Grenell's claim that Trump "charmed"…

After a five-year surge in property prices, what is future for housing/real estate/airbnb/golden visa market in Lisbon one of Europe’s housing hot spots? ft.com/content/5bb98e… https://t.co/pWgkBbsKTU

RT @PaulJSweeney: An early memory of my fascination with the gigantic, superhuman scale of shipbuilding was passing Scott Lithgow's 225T Go…

Cosmos 2543 & Russia’s secret space weapon. Intriguing story by @HenryJFoy @KatrinaManson ft.com/content/6b1459… https://t.co/RBcpWF5De4

Italy’s fashion industry is the biggest employer of artisanal clothing and leather workers in Europe. The COVID lockdowns are exacting a heavy toll on an irreplaceable community of skill. ft.com/content/cd276e… https://t.co/ZfjA8PIRpr

Which sector of US economy has done even worse in COVID crisis than arts, entertainment and recreation? Mining in KY, OH and WV! twitter.com/aaronsojourner…

"there is good evidence that our attitudes to work are a cultural byproduct of the miseries endured in early agricultural societies.” James Suzman gives us the anthropological take. ft.com/content/8dd71d… https://t.co/7ZLKeMvQr3

Companies with annual revenues above $1 billion dominate corporate borrowing, accounting for 78% of global issuers of dollar bonds so far this year. bloomberg.com/news/articles/… https://t.co/OCmjb8keBF

People Power and its impact on oil prices – how Shell’s planners envisioned a possible future in 1995. climatefiles.com/shell/1998-she… https://t.co/q3RvZTojgz

Faced with COVID shock there are big & distorting diff in GDP accounting treatment of government sector across Europe: UK, using output measure, has seen large falls (schools closed). Austria/Spain, using spending see no fall. Good spot by @JobbingLeftieH leftiehistorian.wordpress.com/2020/08/18/do-… https://t.co/u0roFwf9zs

How hours worked have fallen over the last 150 years, establishing 40 hours per week as something like a norm across AE. ft.com/content/8dd71d… https://t.co/pJYziq4f7X

RT @colbyLsmith: "There is a risk that overall inflation will overshoot [the central bank’s] target and they won’t have the political will…

Remarkable report by @BuzzFeed On the prison camp complex built by China in Xinjiang: 260 structures built since 2017 and bearing the hallmarks of fortified detention compounds buzzfeednews.com/article/meghar… https://t.co/d1u8RZftaZ

Remarkable report by @BuzzFeed On the prison camp complex built by China in Xinjiang: 260 structures built since 2017 and bearing the hallmarks of fortified detention compounds buzzfeednews.com/article/meghar… https://t.co/YX80UOV0ej

RT @carl_b_sachs: Today is Hegel's 250th birthday! I'm going to celebrate by actualizing freedom and looking rationally at the world! How a…

RT @GitaGopinath: Excellent summary on dollar dominance and its implications by @SoumayaKeynes. For the students out there, always good to…

RT @declassifiedUK: BREAKING: The UK Ministry of Defence has blacklisted Declassified UK. It is the latest attempt by Whitehall to censor…

RT @ModeledBehavior: Hold on, extra UI expired, why isn’t hiring surging now that the dreaded constraint on labor supply has been lifted???…

RT @charliebilello: At $415 billion, Tesla's market cap is now higher than the market cap of… GM Ford Fiat Chrysler Honda Hyundai Daimler…

RT @byHeatherLong: BREAKING: 1 million Americans filed *new* unemployment claims last week. This was down slightly from the week before bu…

RT @M_C_Klein: Higher-Income Americans Lean Biden on Economy and Trump on Personal Finance. What Will Decide Their Vote? https://t.co/ZWQu…

American politician WiIlliam Jennings Bryan addresses a large crowd during a Democratic presidential campaign rally in 1896 in Colorado. Bryan was also nominated by the Populist Party © Getty Images From sweeping review essay by @EdwardGLuce ft.com/content/8a4dfe… https://t.co/RtNclDjDIw

RT @njtmulder: Jackson Hole as window of opportunity: "The perfect synchronization of a structural problem [the aporia of inflation targeti…