ADAM TOOZE

If agricultural output is keeping up with global population growth it is TFP that we have to thank! The surge espec… https://t.co/vHobpWyBKc

How the global productivity possibility frontier for agriculture has shifted since 1960 in relation to land per cap… https://t.co/g2l0X852Sk

Breaking the Malthusian trap: since 1900 agricultural prices have fallen (in real terms) as global population has s… https://t.co/1ySr2VurCZ

Hydro is so mid-century modern: The average hydroelectric facility in the US has been operating for 64 years. Not s… https://t.co/rfHwUCegR8

Not convinced. From my conversations with them, the Chinese don't see Trump as great as he is presented by Mark (al… https://t.co/pF1xNgQKRp

4%? really? Wage growth is slow so White House prefers to invoke Employment Cost Index (which includes paid vacatio… https://t.co/oaLgf86hIX

The wage premium to college education is significant, but to realize it you have to be in key urban labour markets,… https://t.co/8GkZrlwsQK

Pakistan’s twin deficits – Taxes and exports: <1% file income tax returns and exports are 7.6% of gdp = recipe for… https://t.co/VXlJozzd5l

"a body of economic research with disconcerting links to the credit card industry.” – there is just something about… https://t.co/CER2omjesw

New numbers! If GDP alone isn’t enough, should we be tracking the median as @jasonfurman suggests or some other met… https://t.co/mJA0VOB9Ks

"Sino-U.S. trade war”? the phrase is being systematically deleted from Chinese social media. Apparently the leaders… https://t.co/0aJHgmt6ws

"the US has not named a currency manipulator in more than 20 years” – On the Treasury’s balancing act. Nice piece b… https://t.co/sQ83uqNfYR

Given years of low yields, he funding of pension plans sponsored by S&P1500 is anything but solid -> yield chasing… https://t.co/5GgPFalYaW

@marcmakingsense @martinwolf_ You may be right. Let me dig a bit. Unless you have the data to hand …

GM may sell more cars in China than in the US, but N. America is where the profit is not just for big 3 US

Who lost from QE? "While risk no longer sits in the banking system, it has not vanished. It grows ever clearer that… https://t.co/XTojymwxgX

As Chinese growth has slowed, household consumption has taken over as the major driver. Great graphic also showing… https://t.co/7D8g3fDsDF

2/3 of the increase in German car exports since 2009 has come from the China market. @Schuldensuehner… https://t.co/ezYobaoInV

Trump as the great helmsman – illuminating piece by @markhleonard on how Trump is viewed in Beijing as a rational g… https://t.co/l4E6D0GJft

“On national security grounds, the federal government has a major interest in protecting critical energy infrastruc… https://t.co/1YfRgx6dus

For all the stories about China’s WTO admission and the focus on trade, what is really astonishing is the dominance… https://t.co/xAoDSs0Fa1

Americans may overestimate how many migrants there are but it is Europeans who tend to think of migrants as lazy or… https://t.co/fVRpt0EmK5

Americans have been saving more than was thought via @FT … but the revision comes from the side of undeclared inc… https://t.co/Ny4GEwdV0C

With fires burning beyond the arctic circle the world battles extreme weather via @FT https://t.co/mNcoz36iai

How European wine production surged and then retreated and ROW output rose. From remarkable new database on global… https://t.co/y7JMjC2dxx

Russian is gas cheap, US LNG is not. Last week we were all down on Nordstream 2. Now it is a matter of market force…

Competition as a dead end – Wettbewerb all Sackgasse Fascinating piece (in German) by @DieterPlehwe on the entangle… https://t.co/p3k4CjiqXn

In 2016 Germany played a crucial role in Egyptian financial crisis, providing additional funding beyond IMF. it did… https://t.co/wK8hXTtTrm

Viewed in national terms, the global soy bean market consists of a quasi duopoly on the supply side facing a quasi… https://t.co/uzxqf0T8Zm

The entire manufacturing sector, around which the current trade war furore revolves, employs only 9 % of US workfor… https://t.co/mcnrgQLIk6

Congress is talking about nuclear option of sanctioning Russian sovereign debt. Treasury is opposed to sanctions &… https://t.co/vlweNV5ynC

Trade finance is a $1trn business globally. Payment terms are stretching, meanwhile balance sheet capacity is limit… https://t.co/UeOL5uBkte

Chimerica may be divided in political terms, but fiscal stances are congruent. China’s unheralded stimulus is sligh… https://t.co/rQngGArDvC

Btw 2006 and 2015 median net wealth per capita in the US FELL by 4.5% p.a. v. mean which modestly increased —> surg… https://t.co/zw9EgYlsXV