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adamtooze.substack.com/

Adam Tooze's newsletter on global political economy, financial history, and contemporary crises.

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Economy

Jul 21, 2026

Chartbook 459 Spain v. Argentina 1816-2026: uneven and combined development in the world economy & on the pitch.

This article explores the historical and economic parallels between Spain and Argentina over two centuries, highlighting the concept of uneven and combined development in both global economics and football.

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Culture

Jul 18, 2026

Chartbook 458 Poscript - A conversation with Barnaby Raine about politics, economics, continuities of violence and hyper-agency.

“…there’s a lot of talk today about rupture, because there’s a sense that five hundred years of Western hegemony are coming unstuck.” (Barnaby Raine)

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Technology

Jul 12, 2026

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Top Links 1168 The UK's regional imbalances. The lab monkey trade gap. Lindsay Graham on power & squatting in Hong Kong.

Top Links 1167 Economic vulnerabilities. This El Niño is not like the others. The end of American diplomacy and Henry Miller on Paris.

Top Links 1166 Can Citi come back? The regionalization of world trade. China's top gun & grad students into the UAW.

Chartbook 459 Spain v. Argentina 1816-2026: uneven and combined development in the world economy & on the pitch.

Top Links 1165 Broken confidence. Patient capital in China. Forgotten feminist. On the banks of the Dordogne.

Top Links 1164 "Everybody's profiting". The map of Russian fuel shortages. Bad nights. Underdevelopment and war.

Top Links 1163 America's AI deficit. The Qatari veto at VW. Scientific decoupling & poets of the apocalypse.

Top Links 1162 Remaking the Fed. The transformer bottleneck. Botswana's beef & the rampaging Ebola outbreak.

Top Links 1161 Running the MAGA economy hot. Precarious Palantir. Modern man, a yellowed old tiger & progress against dementia.

Top Links 1160 Who gets power in contemporary America? Empire on suicide watch. Saba Saba day & singing the Vietnam blues.

Chartbook 458 Poscript - A conversation with Barnaby Raine about politics, economics, continuities of violence and hyper-agency.

Top Links 1159 In AI, revenue just caught up with depreciation. When will China make Mythos? How Indonesia invented sea denial & "Bombed Happiness".