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

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Business

Jul 26, 2026

Chartbook 460 Greedflation meets China shock: Can Europe's car industry be saved without making the cost of living crisis worse?

The European car industry riding high, leading the world in sophisticated manufacturing, earning record profits, paying out huge dividends

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Economy

Jul 22, 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

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Top Links 1173 Price level shock. The chemistry of chips. The German lobbies and berries always and everywhere.

Top Links 1172 MAGA sentiments. South Korean financial rollercoaster. West Bank buried in cash. T. rex shenanigans & vectors of fascism.

Top Links 1171 How college-educated Americans are feeling the pinch. Trump v. PIX. Russian economic pessimism & the colonial roots of French theory.

Top Links 1170 The SpaceX hype. Decomposing the UK's productivity issues. Sassy Dissent & the problem of private castles.

Chartbook 460 Greedflation meets China shock: Can Europe's car industry be saved without making the cost of living crisis worse?

Top Links 1169 Where French families put their money. The high-price island of Switzerland. Forest fires in Europe & the first ambulance.

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.