Adam Tooze, author at Social Europe

About Adam Tooze

Adam Tooze is professor of history at Columbia University and author of Crashed: How a Decade of Financial Crises Changed the World.

Hard truths about the eurozone crisis

by Adam Tooze on 2nd March 2020

There has been little honest reflection within the European Commission about the eurozone crisis. Until now.

The fierce urgency of COP26

by Adam Tooze on 20th January 2020

Adam Tooze stresses that the critical COP26 conference later this year hinges on European unity and radical leadership.

The German impasse

by Adam Tooze on 12th November 2019

Adam Tooze dissects how the macroeconomic policy discourse is disabling necessary German, and European, steps forward.

Grosse Koalition, small Klimapaket

by Adam Tooze on 30th September 2019

Much was expected of the new climate package negotiated by the grand-coalition government in Berlin. Less was delivered.

The International Monetary Fund leadership is not a bargaining counter

by Adam Tooze on 22nd July 2019

Europe must get beyond seeing the head of the IMF as part of the spoils from Bretton Woods.

Europe’s coal problem

by Adam Tooze on 10th June 2019

The eurozone muddled through its crisis at Germany’s behest. The climate emergency is much too serious for that.

Output gap nonsense

by Adam Tooze on 30th April 2019

Adam Tooze explains how a false exactitude in economics has led to a terrible politics in the EU.

What are central banks for?

by Adam Tooze on 18th March 2019

The eurozone remains mired in unemployment while the European Central Bank targets only inflation. Adam Tooze begins a series of Social Europe columns by explaining the hidden history of the Fed’s more successful dual mandate. In January 2013 the US Federal Reserve made a remarkable statement. It announced that it would ramp up its monetary […]

For a Sound Fiscal Policy

The public sector in Germany has massively neglected its investments in the past two decades. The result is a public capital stock that does not meet the requirements of a modern economy and is inadequate to meet the challenges posed by the imminent demographic change and the international commitments for decarbonisation. If the requirements in the areas of education, transport, communication networks and decarbonisation are added together, the additional public investment or public investment promotion required over the next 10 years is around €450 billion, i.e. around €45 billion per year. From a macroeconomic perspective, this amount can be shouldered well, but it is unrealistic to finance these investments solely by redeploying funds in existing budgets. For this reason, the debt rules in the Germen constitution should be extended to include a golden rule allowing borrowing to the extent of net investment. Until such a rule is implemented, room for manoeuvre should be used, for example through extra-budgetary entities. It is also important to provide sustainable debt relief for municipalities, which play a central role in public investment, especially in transport infrastructure.

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Social policy in the European Union 1999-2019: the long and winding road

This volume is the 20th anniversary edition of Social policy in the EU: state of play. It looks back at the main developments in EU social policymaking over the past two decades. Key questions addressed include:

* What was the place of the social dimension during the financial and economic crisis?

* Who has driven, and who has braked, EU social policymaking?

* Which instruments does the EU have at its disposal for ‘market correcting’ policies?

* What are the next steps in the further implementation of the EU’s social dimension, especially in the context of the European Pillar of Social Rights?

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What makes capital cities the best places to live?

Eurofound’s new analysis of the latest European Quality of Life Survey (EQLS) compares quality of life and well-being, quality of society, and quality of public services in Europe’s capitals and major cities with respective national averages. The study not only gives an indication of what perceptions of quality of life is like for the 48 million people that live in capital cities in the EU, but also other major European cities such as Istanbul and Belgrade.

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Social Europe Volume Two

This book brings to you some of the best contributions published on Social Europe over the second half of 2019 in easily accessible ebook and paperback formats. The collection is newly edited with a thematic focus on the rise of populism and also includes in text-form previously unpublished material from Social Europe Podcast. This second volume brings together contributions by Cas Mudde, Dani Rodrik, Peter Verovsek, Branko Milanovic, Sheri Berman, Paul Mason, Bela Galgoczi, Mariana Mazzucato and Ngaire Woods.

Zygmunt Bauman was a towering intellectual who saw and analysed – right up to his death in early 2017 – the great socio-political changes, often convulsive, in modern western society long before his peers. Here we highlight his prescient insights into what he dubbed ‘liquid modernity’ with 24 chapters on topics ranging from online loneliness via precarity/poverty/inequality to migration, fear of the ‘Other’ and the decline of the nation state. Chronicle of Crisis, 2011-16, written by one of the great chroniclers of our times, will be read and re-read for decades and more to come.