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    Adam Tooze


    Adam Tooze is the Kathryn and Shelby Cullom Davis Professor of History at Columbia University and Director of the European Institute. He is the author of several books, the most recent is Shutdown: How COVID shook the world's economy (2021). He writes the Chartbook Newsletter and is an FT contributing editor.

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    • Wednesday, 8 November, 2023
      Israel-Hamas war
      There will be no peace in the Middle East without politics

      That is the lesson that all sides should draw from the postwar settlement in Europe

      Allied leaders at the Potsdam conference in 1945. The subsequent settlement, of which Israel’s foundation is an extension, shows the painful trade-offs even a good peace entails
    • Thursday, 19 October, 2023
      Unhedged
      India at the centre: the verdict of Unhedged and Chartbook Premium content

      India’s geopolitical and economic pull is growing

      France’s president Emmanuel Macron, Indonesia’s president Joko Widodo, India’s prime minister Narendra Modi, Brazil’s president Luiz Inacio Lula da Silva and US president Joe Biden pay their respect at the Mahatma Gandhi memorial at Raj Ghat on the sidelines of the G20 summit in New Delhi on September 10, 2023
    • Thursday, 5 October, 2023
      Unhedged
      The Biden scorecard: the verdict of Unhedged and Chartbook Premium content

      The first of three collaborations with historian Adam Tooze

      Joe Biden
    • Sunday, 1 October, 2023
      German politics
      Germany must invest to neutralise the far-right threat

      A once successful growth model has run out of steam and migrants are needed to fill labour market shortages

      Balloons showing support for AfD during a campaign for local elections in Nordhausen, central Germany, last month
    • Monday, 28 August, 2023
      Foreign aid
      The west has failed to keep its promises on aid

      US and EU attempts to respond to China’s Belt and Road Initiative have fallen dismally short

      Women tend to crops in Niger, which has the third-lowest human development index in the world
    • Thursday, 27 July, 2023
      European Union
      Europe should not be too relaxed this summer as big challenges await

      From migration to Ukraine, Europe’s future worry list runs much deeper than fiscal rules

      Volodymyr Zelenskyy greets Ursula von der Leyen in Kyiv. Ukraine’s EU accession is now squarely on the agenda
    • Thursday, 29 June, 2023
      Global inflation
      Now is a time of tough choices — including on the 2% inflation target

      That goal should be subject to public scrutiny and judged against the demands of the moment

      Paul Volcker
    • Friday, 2 June, 2023
      US politics & policy
      Why America’s economic policy muddle matters

      The messy nature of decisions is important both for US citizens and the world

      Treasury secretary Janet Yellen. In the US, monetary policy, industrial policy and fiscal policy are not only assigned to different targets, they follow entirely different logics
    • Wednesday, 24 May, 2023
      ReviewFT Books Essay
      The Economic Government of the World — an end to globalisation?

      Martin Daunton’s history of trade liberalisation shows that capricious US opinion has always mattered most

      Cranes and containers line a stretch of waterfront
    • Friday, 5 May, 2023
      US-China relations
      Washington isn’t listening to business on China any more

      The waning of the ‘peace interest’ leaves multibillion-dollar investments hanging by a thread

      Henry Paulson, then Treasury secretary, left, meets with China’s then minister of finance Xie Xuren in 2008 in Beijing
    • Friday, 7 April, 2023
      European Union
      EU green policy must bring the population with it

      The commission’s industrial policy debate has been singularly lacking in bottom-up public participation

      People of different races ride a long bicycle that has many crank shafts and pedals on the same frame
    • Friday, 31 March, 2023
      Banks
      We are living through a trillion-dollar rebalancing

      Beneath a veil of silence, a hugely dramatic and powerful episode of financial repression is ongoing

      A UBS and a Credit Suisse logo on buildings in Zurich
    • Friday, 24 February, 2023
      War in Ukraine
      The west’s limited support for Ukraine fails to measure up

      Europe and the US may sincerely want Kyiv to prevail over Moscow but they are failing to match ends with means

      Ukrainian soldiers fire a shell in the Kharkiv region in the east of the country
    • Monday, 30 January, 2023
      Globalisation
      Three ways to read the ‘deglobalisation’ debate

      Proponents of business as usual and the new cold warriors are too confident of their ability to predict the future

    • Friday, 23 December, 2022
      European Union
      An arms race on industrial policy is the last thing Europe needs

      Making a fuss over America’s Inflation Reduction Act is gratuitous and counterproductive

      French president Emmanuel Macron, EU Commission president Ursula von der Leyen and US president Joe Biden applaud at the Global Fund’s Seventh Replenishment Conference in New York in September
    • Friday, 25 November, 2022
      Cryptocurrencies
      Regulators can’t keep turning a blind eye to crypto craziness

      Stopping a hyped-up project that promises to disrupt the status quo requires decisiveness and courage

      FTX’s Sam Bankman-Fried with Tony Blair and Bill Clinton in the Bahamas
    • Friday, 28 October, 2022
      Global Economy
      Welcome to the world of the polycrisis

      Today disparate shocks interact so that the whole is worse than the sum of the parts

      Wildfires in California have forced thousands to evacuate their homes in recent years. There is a growing anxiety that we are hurtling towards catastrophic ecological tipping points
    • Tuesday, 27 September, 2022
      FT Books Essay
      Slouching Towards Utopia by J Bradford DeLong — fuelling America’s global dream

      An economic history of the last century recalls a period that improved and redefined the lives of billions — yet also enabled war and environmental destruction

    • Thursday, 7 April, 2022
      UnhedgedRobert Armstrong
      Chartbook X Unhedged: Europe Premium content

      Will twin crises transform Europe’s economies and markets?

    • Thursday, 31 March, 2022
      UnhedgedRobert Armstrong
      The end of globalisation as we know it Premium content

      Unhedged x Adam Tooze, part two

    • Thursday, 14 October, 2021
      ReviewEconomics books
      Samuelson and Friedman — a rivalry that echoes down to the present

      A new look at two giants of postwar economics whose views shaped the free market

    • Wednesday, 15 September, 2021
      FT Books Essay
      Shutdown and Aftershocks — Covid and the new world order

      Two books bring insights into the radical political ruptures wrought by the pandemic

      A nearly empty Hong Kong airport in February 2020, at the start of the pandemic
    • Tuesday, 14 September, 2021
      Global Economy
      Twitter spaces with Adam Tooze

      This Friday we’re hosting the most prolific man in economic history to chat about policymakers’ mammoth response to the pandemic and what comes next.

    • Friday, 18 December, 2020
      Coronavirus economic impact
      Talk of a global economic reset must not ignore grim realities

      Scientists may have provided us with a miraculous fix for Covid, but history shows that any path to recovery will be long

    • Friday, 3 April, 2020
      Eurozone reform
      The eurozone’s ‘whatever it takes’ mantra has a problem

      EU squabbles are turning that famous defiant phrase into a platitude

      FRANKFURT AM MAIN, GERMANY - MARCH 12: Christine Lagarde, President of the European Central Bank, speaks to the media following a meeting of the ECB governing board at ECB headquarters on March 12, 2020 in Frankfurt, Germany. The ECB is pursuing measures to counter the economic impact of the rapidly spreading coronavirus. The number of confirmed cases across Europe has reached 25,000. (Photo by Thomas Lohnes/Getty Images)
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