Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Russia has proved resilient to western sanctions, says Oleg Deripaska
    • Covid antiviral drug linked to ‘transmissible’ mutations, research finds
    • Greek leftists elect former Goldman Sachs associate as leader
    • Global trade falls at fastest pace since pandemic
    • How TSMC’s chip plant is shaking up Japan
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • Brexit
    • UK Companies
    • Personal Finance
    Most Read
    • Scrapping HS2 will damage trust in Britain, warn US buyers of Birmingham City
    • The calculations behind Rishi Sunak’s potential inheritance tax shake-up
    • Gatwick cancels more than 160 flights because of ATC staff shortages
    • Bank of England studies sweeping reform of forecasting
    • Liberal Democrats receive £1mn donation in boost to UK election war chest
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • ‘Get off the train’: Citi’s Jane Fraser sends tough message on big overhaul
    • Senior Nomura banker barred from leaving mainland China
    • Big Four accountancy firms shed UK staff after pandemic hiring boom
    • Lego ditches oil-free brick in sustainability setback
    • Western companies take slow steps towards China ‘de-risking’
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    Most Read
    • News updates from September 25: Nissan boss says ‘move on’ from petrol cars, Global trade contracts
    • US Treasuries sell off as investors fret over long period of high rates
    • The debt-fuelled bet on US Treasuries that’s scaring regulators
    • Live news: Russian air strikes hit Ukrainian port on Danube
    • Deutsche Bank’s DWS to pay $25mn to settle SEC probes
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
    Most Read
    • How the US is crushing Europe’s domestic exchanges
    • Why has Leeds, birthplace of the tram, ground to a halt?
    • US Republicans could finally win the argument on immigration
    • The problem with power parents
    • Models can mislead us on the impact of global trade
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • Paternity leave in finance: ‘The more men do it, the less of a big deal it becomes’
    • The activist sued by Elon Musk: ‘We have to show we will not be cowed’
    • Success is more complicated than one exceptional individual
    • What Burberry taught me about the marketed mind
    • FT Business Books — what to read this month
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • The generation divide in British chess 
    • Game, set, matched – when David Shrigley met Andy Murray
    • Raffles London and the new era of super-luxe hospitality
    • The best museum gift shops in the world
    • Anna Wintour: ‘I just have to make sure things are being done right’
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

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.

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • 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)
  • Wednesday, 22 January, 2020
    World Economic Forum in Davos
    Davos prioritises environment as activists invest hope in greener finance

    Willing capital markets and cheap technologies will make climate change choices easier

    FOLEY, MISSOURI- JUNE 01: Residents cope as floodwater from the Mississippi River rises on June 1, 2019 in Foley, Missouri. The middle-section of the country has been experiencing major flooding since mid-March especially along the Missouri, Arkansas, and Mississippi Rivers. Towns along the Mississippi River have been experiencing the longest stretch of major flooding from the river in nearly a century. (Photo by Scott Olson/Getty Images)
  • Monday, 4 November, 2019
    FT AlphavilleClaire Jones
    GenX will set central banks’ climate response

    The climate change debate pits the young against the old, but those in the middle must solve it.

  • Tuesday, 3 September, 2019
    Natural disasters
    Hurricane in the Bahamas is a harbinger of our future

    The islands combine extreme affluence and deep poverty with vulnerability to climate change

    A woman walks in a flooded street after the effects of Hurricane Dorian arrived in Nassau, Bahamas, September 2, 2019. REUTERS/John Marc Nutt MANDATORY CREDIT. NO RESALES. NO ARCHIVES
  • Friday, 5 July, 2019
    ReviewHistory books
    1931 by Tobias Straumann — how things fell apart

    The story of the end of Weimar Germany should be required reading for policymakers today

    Broken windows at a bank on Weddingplatz, Berlin, the day after violent clashes between police and demonstrators, 11th June 1931. (Photo by FPG/Archive Photos/Getty Images)
Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

UK Edition

Subscribe for full access
  • Switch to International Edition

Top sections

  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • UK
    • UK Economy
    • UK Politics
    • Brexit
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports

FT recommends

  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Live Events
  • FT Forums
  • Board Director Programme
  • myFT
  • Portfolio
  • Today’s Newspaper (FT Digital Edition)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In