Ones and Tooze
Episodes
Is Italy on the Verge of Returning to Fascism?
23 Sep 2022
Contributed by Lukas
In today's episode hosts Cameron Abadi and Adam Tooze preview the upcoming Italian election and the rise of Giorgia Meloni. Her party, Brothers of Ita...
Can Ukraine Win the War Yet Lose Their Economy?
16 Sep 2022
Contributed by Lukas
In this episode hosts Cameron Abadi and Adam Tooze take a look at how Ukraine's war against Russia is straining the country's finances and the increas...
Is China's Economy in Trouble?
09 Sep 2022
Contributed by Lukas
China's economy is projected to grow by four percent this year, a rate that many countries would envy. But with China's track record, that number coul...
The Cost of Space Exploration
02 Sep 2022
Contributed by Lukas
As NASA prepares for new missions Adam and Cameron look at the cost of space exploration and how America views its return investing in the space progr...
Why the World's Top Economists are Going to Jackson Hole
26 Aug 2022
Contributed by Lukas
Hosts Adam Tooze and Cameron Abadi look at the Jackson Hole Economic Symposium taking place this week and talk about its history and its significance ...
The Crazy Economics of Book Publishing
19 Aug 2022
Contributed by Lukas
For the news data point this week Cameron and Adam look at the proposed merger of Penguin Random House with Simon & Schuster as well as the tragic att...
Rise of the Green Industrial Complex?
12 Aug 2022
Contributed by Lukas
On the show this week: The Inflation Reduction Act isn't the climate change revolution that some Democrats had hoped for. But it could signal a shift ...
Is A Strong US Dollar A Good Thing?
05 Aug 2022
Contributed by Lukas
In this episode Cameron and Adam discuss how the US dollar has reached near parity with the Euro and is the strongest it's been in nearly two decades....
Stagflation Nation?
29 Jul 2022
Contributed by Lukas
On this episode, Adam and Cameron discuss stagflation—possibly the most ominous portmanteau in the English language. It's the double whammy of infla...
Why do Italian Governments Collapse so Often?
22 Jul 2022
Contributed by Lukas
With the latest political turmoil in Italy, Adam and Cameron consider a bewildering data point: The country has had 67 governments in the past 75 year...
The State of the Saudi Economy
15 Jul 2022
Contributed by Lukas
As U.S. President Joe Biden visits Saudi Arabia, where he hopes to get more oil, Adam Tooze and Cameron Abadi look at the broader state of the Saudi e...
What Fluctuating Oil and Gas Prices Mean for the World.
08 Jul 2022
Contributed by Lukas
Adam and Cameron look at dropping prices for crude oil and forecast what that might mean for the global economy. And they take a broader look at energ...
What NATO Expansion Means for Europe and the World
01 Jul 2022
Contributed by Lukas
NATO is enlarging its rapid response force from 40,000 to 300,000, in light of Russia's invasion of Ukraine—a huge expansion. But who will foot the ...
How Flying Got to be so Miserable
24 Jun 2022
Contributed by Lukas
On this episode, Adam and Cameron explain why flight disruptions and cancellations are the new normal. They also discuss the economics of summer vacat...
The Fed Interest Rate Hike
17 Jun 2022
Contributed by Lukas
It has been a rocky week for the U.S. economy, with record high inflation reports and the Federal Reserve increasing benchmark interest rates by three...
Why the Ukraine War has Germany Worried About Bunkers
10 Jun 2022
Contributed by Lukas
In this episode, Cameron and Adam dive deep into the economics of bunkers. Mostly seen as relics of the Cold War, they now are gaining renewed interes...
How Banning Abortion Affects the Economic Lives of Women
03 Jun 2022
Contributed by Lukas
With the U.S. Supreme Court apparently poised to overturn abortion rights, Adam and Cameron discuss the potential economic impact on women. Later on t...
The Impact of School Shootings
27 May 2022
Contributed by Lukas
It was hard not to think about the mass shooting at Robb Elementary School in Uvalde, Texas. In this week’s show, Cam and Adam look at where funding...
What Does a Crypto Crash Portend for the Economy?
20 May 2022
Contributed by Lukas
With the collapse of stablecoin and the blow to cryptocurrencies like Bitcoin hosts Adam Tooze and Cameron Abadi take another look at crypto markets a...
Why Low Unemployment Isn’t Better News
13 May 2022
Contributed by Lukas
The U.S. unemployment rate is 3.6 percent, the lowest it’s been since the pandemic began in March 2020. So why aren’t we celebrating that? Adam an...
Why the U.S. Stock Market is Tanking
06 May 2022
Contributed by Lukas
The U.S. stock market has dropped more in recent days than any other period since March 2020, the beginning of the pandemic. Adam and Cameron analyze ...
Bonus: Why is May Day so Violent in Berlin?
30 Apr 2022
Contributed by Lukas
This wonderful, nearly ten minute tangent did not quite make its way into our latest episode. But we thought many of you would appreciate Cameron and ...
How the Labor Movement Got Its Day
29 Apr 2022
Contributed by Lukas
In this episode, Cameron and Adam look ahead to the upcoming May Day celebration and discuss the roots of this holiday as well as the current state of...
Who Wins and Who Loses With Inflation
22 Apr 2022
Contributed by Lukas
In this episode Cameron and Adam discuss how inflation is having an impact on wide swaths of the US economy and what tools are available to curb the r...
Why the American Tax System is Such a Mess
15 Apr 2022
Contributed by Lukas
On paper, at least, the American tax code is one of the most progressive in the world. In reality, it's deeply unfair and inefficient. On this episode...
The Fall and Rise of the Russian Ruble
08 Apr 2022
Contributed by Lukas
Western sanctions on Russia after its invasion of Ukraine quickly led the Ruble to lose more than 45 percent of its value. But these days, the Russian...
The French Election
01 Apr 2022
Contributed by Lukas
The first round of the French presidential election is coming up on April 10. On the latest episode of Ones and Tooze, Adam and Cameron analyze what F...
The Economics Behind Mariupol
25 Mar 2022
Contributed by Lukas
More than 100,000 people currently want to evacuate the besieged city of Mariupol in Ukraine. On this episode of Ones and Tooze, Adam Tooze and Camero...
The Collapse of China's Zero-COVID Policy
18 Mar 2022
Contributed by Lukas
More than 50 million people are living under lockdown restrictions in China amid a dramatic surge of COVID cases. Adam and Cameron discuss the potenti...
How Rising Oil Prices Will Change the World as We Know It
11 Mar 2022
Contributed by Lukas
As the war in Ukraine entered its third week, the price of a barrel of oil peaked at $130, its highest since 2008. The pain is already spreading aroun...
The War on Russia's Economy
04 Mar 2022
Contributed by Lukas
On this episode, Adam and Cameron discuss the sanctions Europe and the United States have imposed on Russia's economy in response to its invasion of U...
How Biden's Sanctions Against Russia Fall Short
25 Feb 2022
Contributed by Lukas
On this episode, Cameron and Adam discuss the sanctions President Biden has imposed on Moscow over its invasion of Ukraine and the gaping hole that al...
Could a Group of Truckers Actually Hurt the Canadian Economy?
18 Feb 2022
Contributed by Lukas
Adam and Cameron take a closer look at the economics of the Canadian trucker protest to see how much damage one blockade can inflict on the entire Can...
Is the U.S. Economy Really Booming?
11 Feb 2022
Contributed by Lukas
The U.S. economy grew close to 6% in 2021, the strongest year in nearly four decades. On this episode of Ones and Tooze, Adam Tooze and Cameron Abadi ...
Why Crypto Can't Buy Happiness
04 Feb 2022
Contributed by Lukas
The cryptocurrency market has lost some $1.1 trillion in value over recent months. On this episode, Adam and Cameron discuss what accounts for the tum...
The Economic Legacy of Boris Johnson
28 Jan 2022
Contributed by Lukas
If Prime Minister Boris Johnson loses his job over the the scandals now engulfing the British government, his political obituary will focus on just th...
Inside the Davos Bubble
21 Jan 2022
Contributed by Lukas
It's been lampooned as a gathering of "the rich and the clueless." U2 lead singer Bono referred to its attendees as "fat cats in the snow." So what ma...
How Would Sanctions Work Against Russia Over Ukraine?
14 Jan 2022
Contributed by Lukas
Talks with Russia to resolve the Ukraine crisis hit a dead end this week. As Foreign Policy reports, top Biden administration officials have reiterate...
The Economics of the Beatles vs. the Rolling Stones
07 Jan 2022
Contributed by Lukas
After watching the Beatles: Get Back sessions, Cameron Abadi was inspired to dive deeper into the economics of the Beatles versus the Rolling Stones w...
From the Archive: How Inflation Works
24 Dec 2021
Contributed by Lukas
When we first aired this episode of Ones and Tooze on why prices are rising, analysts were warning of a possible inflation crisis. Now, two months lat...
The Pentagon vs. Walmart
17 Dec 2021
Contributed by Lukas
Congress has approved a $768 billion defense budget for 2022. If the Pentagon were a private company, would it be bigger than Amazon? Walmart? Also, c...
Is Democracy Better for the Economy?
10 Dec 2021
Contributed by Lukas
With President Joe Biden's Democracy Summit underway, Adam and Cameron discuss whether democratic principles help or hinder economies. The answer is m...
How Sanctions Work (and Why They Often Don't)
03 Dec 2021
Contributed by Lukas
U.S.-led sanctions have devastated Iran's economy over the past decade but have failed to curb the country's nuclear program. On this episode, Adam an...
The Great Resignation/Pet Food
19 Nov 2021
Contributed by Lukas
10.4 million—that’s the number of jobs that are currently unfilled in the U.S. economy as of September, according to the latest data from the Bure...
What the Infrastructure Bill Will do for Electric Cars in the United States
12 Nov 2021
Contributed by Lukas
President Biden's infrastructure bill allocates $15 billion to making electric cars more popular in the United States. Cameron and Adam discuss how th...
Jerome Powell vs. The Bond Markets
05 Nov 2021
Contributed by Lukas
On this episode, Adam Tooze and Cameron Abadi discuss the moves and countermoves of the bond market and the Federal Reserve Chairman in response to in...
A Guide to the COP26 Climate Summit
29 Oct 2021
Contributed by Lukas
On this episode, why Adam Tooze is optimistic ahead of the climate summit in Glasgow and how COP26 really works. Also: The food crisis around the worl...
Inflation: The Good, the Bad and the Ugly
21 Oct 2021
Contributed by Lukas
Inflation is rising quickly. Cameron Abadi and Adam Tooze discuss the who, the why and the whattheheck? Also, why are Germans are eating so much Itali...
The Economics Revolution and the Nobel Prize
15 Oct 2021
Contributed by Lukas
This week Cameron Abadi and Adam Tooze discuss the economists who won the Nobel Prize—for helping make the science of economics…more scientific. ...
Scandal at the IMF and World Bank
08 Oct 2021
Contributed by Lukas
On this episode of Ones and Tooze, Cameron Abadi and Adam Tooze discuss the scandal swirling around Kristalina Georgieva, who runs the International M...
Is Olaf Scholz the German Joe Biden?
01 Oct 2021
Contributed by Lukas
On this episode of Ones and Tooze, Cameron Abadi and Adam Tooze discuss the results of the German election and the economic policies of the winner, Ol...
Is Evergrande the New Lehman Brothers?
24 Sep 2021
Contributed by Lukas
On this episode of Ones and Tooze, Cameron Abadi and Adam Tooze discuss the Chinese company Evergrande and its $300 billion debt—that has prompted p...
Dancing on the Debt Ceiling?
17 Sep 2021
Contributed by Lukas
On this first episode of Ones and Tooze, Cameron Abadi and Adam Tooze discuss two stratospheric numbers: 28.5 trillion and 3.3 billion. One refers in ...
Coming Soon: Ones and Tooze, with Adam Tooze
02 Sep 2021
Contributed by Lukas
What does China’s life expectancy say about the current moment? How does the jump in U.S. interest rates back in 1994 help us understand inflation r...