ADAM TOOZE

"The consumption of coal in steam engines, for instance, was cut from 45 pounds per horse power hour in the early e… https://t.co/AxDcRQI2RS

"much of the foundational literature on corporate governance, organisational theory, business history and corporate… https://t.co/pDc9ABK7aB

Hello world! Check out the very first history and theory podcast with @SConrad20 on Global History, historical prac… https://t.co/P6b8UGR37F

"It is as if the Schumpeterian process of creative destruction was countered by a process of destructive creation”:… https://t.co/1eL3gIlJ7U

Europe is far more exposed to fate of Chinese economy than the US. ROW numbers would surely need to broken down by… https://t.co/6lfxH9Av8Y

"the $9tn expansion of China's GDP in dollar terms over the last decade outstripped that of the US and EU, which gr… https://t.co/thEjUipUQ0

"The global economy's second sun” – fascinating write up by @colbyLsmith of recent work by SLJ asset management on… https://t.co/3xnOcfCm2H

US productivity (TFP) growth was slowing down already in 2005 ahead of the GFC. Data from CBO via @TimothyTTaylor… https://t.co/ivwbBK2kuA

The US needs a federal wealth tax. It would be equitable, efficient, constitutional and it would raise serious reve… https://t.co/Hzyh1UDnhN

The US needs a federal wealth tax. It would be equitable, efficient, constitutional and it would raise serious reve… https://t.co/r5kSqHYOB8

"much of the foundational literature on corporate governance, organisational theory, business history and corporate… https://t.co/LhAf7CgOPE

"It is as if the Schumpeterian process of creative destruction was countered by a process of destructive creation”:… https://t.co/DOFeelu68E

Europe is far more exposed to fate of Chinese economy than the US. ROW numbers would surely need to broken down by… https://t.co/KY5slnZyiN

"the $9tn expansion of China's GDP in dollar terms over the last decade outstripped that of the US and EU, which gr… https://t.co/KKSlDggUe9

"The global economy's second sun” – fascinating write up by @colbyLsmith of recent work by SLJ asset management on… https://t.co/nk4cQOzcd1

US productivity (TFP) growth was slowing down already in 2005 ahead of the GFC. Data from CBO via @TimothyTTaylor… https://t.co/WwLtf4BVO8

While Venezuela’s rate of inflation is modest by historic hyperinflation standards, the duration of Venezuela’s hyp… https://t.co/lr18YrNbrP

Wondering why Russia is standing behind Maduro? Moscow is acting as a spoiler, but Rosneft and Sechin are key. They… https://t.co/ZQB0e9OTeg

Interesting thread on wealth taxes and incentives. Of interest to @Noahpinion who has also been making the case! https://t.co/yU7r5vC35w

"Freeing Greek banks from NPLs may not be enough to restart lending. Bankers say — they also see a lack of demand.… https://t.co/3YYYv2damo

Yep, me, @adam_tooze & @MESandbu have all been reading the same paper! https://t.co/hi6kyP2FWb

With unemployment the lowest since unification, German wage growth since 2017 has nevertheless run only just ahead… https://t.co/aQPr8GZvG8

How Elsevier gets inside your head! Not pretty …. https://t.co/aOQi7wSqGM

Nothing short of pig-headed ignorance by @DKShrewsbury, here appearing on @BBCShropshire, with Eric Smith and… https://t.co/xhNaQNvQC5

As US rates turned the corner and the dollar strengthened US money came home. The shift in 2014-5 is pretty dramati… https://t.co/UGHclNGkph

How Basel III regulations are turning GSIBs and JPMorgan in particular into proxy central banks i.e. lenders of la… https://t.co/wXY6Y7ansX

"Relax. Don't relax too much, but relax.” @bhgreeley on the fuss caused by @ojblanchard1 brilliantly subversive arg… https://t.co/GmnFeS3VgR

ARM mortgages, one of trigger of 2008 crisis, are in fact exceedingly rare in the US by comparison with Europe wher… https://t.co/jjXwzzze4C

Bad loans; Greece’s banks have €90 billion in non-performing loans (NPLs) on their books as of late 2018, equivalen… https://t.co/KV32UrgIpY

Homeownership societies are not necessarily high mortgage debt societies e.g. Italy and Greece. Germany manages to… https://t.co/7EoIEboYdK

The market indices on which $trn funds build their diversified portfolios are constructs that do not operate in a p… https://t.co/6afvAYM3jQ

Only Singapore outdoes the US in government participation in housing finance. Housing and real estate are the large… https://t.co/qeDc602n5P

The US mortgage model that emerged out of the 1930s and is underpinned by the GSE is highly unusual in offering lon… https://t.co/WcU8SR3f0m

What Comes After Trickle-Down Trade Liberalization? Trumps trade policy shows that the 1990s trade model is broken.… https://t.co/qKcLUcna16