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41,420 followers   •   3,724 following   •   New York, NY   •   http://history.columbia.e

History, economics, politics, theory, art. Teach history at Columbia University. Director of the European Institute.

Latest Scoops

Adam Tooze
adam_tooze
@adam_tooze 28 minutes
we have lost count of the number of times mr draghi has been under pressure to act having already done the rig
"we have lost count of the number of times Mr Draghi has been under pressure to act, having already done the right thing.” Powerful piece by @fwred on the dilemmas facing the ECB in a world in which Eurozone economic policy is paralyzed.
Adam Tooze
adam_tooze
@adam_tooze 58 minutes
motor valley is now sold as a emilia romagna thing centered on bologna modena etc i get the marketing logic bu
“Motor Valley” is now sold as a Emilia Romagna “thing" centered on Bologna, Modena etc. I get the marketing logic. But surely this was once the outlier of a much bigger axis that ran through Turin(Fiat, Lancia)-Milan(Alfa). Has anyone written its history?
Adam Tooze
adam_tooze
nord stream 2 is not just about germany amp russia gazprom s partners include germanys uniper and wintershall
Nord Stream 2 is not just about Germany & Russia: Gazprom's partners include: Germany’s Uniper and Wintershall, Engie of France, Anglo-Dutch Shell, and Austria’s OMV plus 670 other companies from 25 countries.
Adam Tooze
adam_tooze
does anyone know of a good business history of ferrari or even better a history of motor valley in emilia roma
Does anyone know of a good business history of Ferrari or even better a history of “Motor valley” in Emilia Romagna, Italy? Best thing I could find was this by Christiane Oppermann. Not bad but I wanted more.
Adam Tooze
adam_tooze
people leave honduras guatamala el salvador because of violence and lack of economic opportunity us funding he
People leave Honduras, Guatamala, El Salvador because of violence and lack of economic opportunity; US funding helps counter those dynamics.” But Trump admin stops $550m as sanction for failing to stop migrant flows.
Adam Tooze
adam_tooze
any day youre not selling youre buying sam zell property tycoon is this the you gotta dance til the music stop
“Any day you’re not selling, you’re buying,” Sam Zell property tycoon.
Is this the “you gotta dance til the music stops”-quote of the next big real estate recession? This time global? Interesting long read by @JudithREvans
Adam Tooze
adam_tooze
on 20 august 1859 the revolutionaries again invaded this time the piedmontese annexing modena into the revolut
"on 20 August 1859, the revolutionaries again invaded (this time the Piedmontese), annexing Modena into the revolutionary Savoyard nation of Italy” - you have got to love the battles still being fought on the wikipedia pages of Italian duchies!
Adam Tooze
adam_tooze
weve certainly abandoned the small open economy mindset weve also learned the hard way that economic and monet
“We’ve certainly abandoned the small, open economy mindset. We’ve also learned the hard way that economic and monetary union, as a construct, was much more fragile than initially thought.” Cœuré ECB quoting the script provided by @martinwolf_ last week!
Adam Tooze
adam_tooze
the constellation of prices in the bond market paints a picture of the global economy which is very bleak we h
“The constellation of prices in the bond market paints a picture of the global economy which is very bleak,” We have to make sense of this diversity between market prices and economic data,”
Cœuré ECB
Adam Tooze
adam_tooze
it hasnt been possible to decarbonise the power sector quickly enough gt mounting pressure of extreme weather
“It hasn’t been possible to decarbonise the power sector quickly enough” -> mounting pressure of extreme weather feeds back via demand for cooling into rising CO2 emissions. NIghtmare scenario of latest @BP_plc statistical energy review.

The Most Relevant

Adam Tooze
adam_tooze
the heat map of co2 emissions is one more indicator of how problematic it is to talk in terms of an anthropoce
The heat map of CO2 emissions is one more indicator of how problematic it is to talk in terms of an “ANTHROpocene”. This is a problem of particular societies and particular economies.
Adam Tooze
adam_tooze
the share of wealth held by top 1 in us at 425 is vastly greater than that in any other rich country c four ti
The share of wealth held by top 1 % in US at 42.5% is vastly greater than that in any other rich country, c. four times greater than in Italy or Japan.
Adam Tooze
adam_tooze
rich countries tend to have large middle classes btw 75 and 200 of median income the exception is the us data
Rich countries tend to have large middle classes (btw 75 and 200% of median income), the exception is the US. data cited by
Adam Tooze
adam_tooze
greying world for the first time there are now more people on the planet older than 65 than younger than 5 un
Greying world: for the first time there are now more people on the planet older than 65 than younger than 5. UN via DeutscheBank
Adam Tooze
adam_tooze
the us is the most unequal society in developed world the top 10 of families own 75 of household wealth and th
The US is the most unequal society in developed world: "The top 10% of families own 75% of household wealth, and the top 0.1% own as much as the bottom 90%.”
Adam Tooze
adam_tooze
the heat map of co2 emissions is one more indicator of how problematic it is to talk in terms of an anthropoce
The heat map of CO2 emissions is one more indicator of how problematic it is to talk in terms of an “ANTHROpocene”. This is a problem of particular societies and particular economies.
Adam Tooze
adam_tooze
wild mustard how plant breeding has since 1600 created kale broccoli brussels sprouts cauliflower and now broc
“Wild mustard” - how plant breeding has since 1600 created kale, broccoli, Brussels sprouts, cauliflower and now Broccolini all out of one original wild ancestor.
Adam Tooze
adam_tooze
china is now germanys major trading partner larger than its european neighbors and the us theeconomist
China is now Germany’s major trading partner, larger than its European neighbors and the US. @TheEconomist
Adam Tooze
adam_tooze
arguably the most dramatic graphs in all of economic history surge in global steel production from 400m tons i
Arguably THE most dramatic graphs in all of economic history: surge in global steel production from 400m tons in 2000 to 1150m tons today, driven by 4* multiplication of China’s output. There is literally nothing in historical record to compare to this.
Adam Tooze
adam_tooze
largest cities in europe in 1800 london and paris are obvious but naples at 3 causes a double take far ahead o
Largest cities in Europe in 1800: London and Paris are obvious but Naples at #3 causes a double take! Far ahead of Vienna and twice the size of Amsterdam.
Bairoch’s data.
Total(1) => 0.37531399726868 f_f_QM(2) => 0.05013108253479 indS(2) => 0.013427972793579 indM(2) => 0.034921884536743 indM_1(2) => 0.0023798942565918 indM_2(2) => 0.002406120300293 indM_4(2) => 0.002363920211792 indM_5(2) => 0.0036168098449707 indM_6(2) => 0.0013318061828613 indM_7(2) => 0.001939058303833 indM_8(2) => 0.0011310577392578 indM_9(2) => 0.01110315322876 indM_10(2) => 0.0083119869232178 f_f_pTL(2) => 0.32356691360474 f_f_dT(20) => 0.32330417633057