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.

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 […]

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The collection is newly edited with a thematic focus on the rise of populism and also includes in text-form previously unpublished material from Social Europe Podcast.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.

The Blocked Completion of the European Monetary Union

The reform of the euro zone is stuck. Against the background of political blockades, this report examines from a combined economic and political science perspective how the Euro can be prepared for the next crisis. The report first identifies general requirements for the stabilization of economic and monetary union. Next, the report reconstructs the political logic of the euro crisis and shows that the prospects for realizing far-reaching reform proposals aiming at a fiscal union are poor. Subsequently, the report develops a proposal of how, under the given circumstances, the room for maneuver within the existing framework of economic and monetary union can be extended in a pragmatic way in order to strengthen national fiscal policy as an instrument of macroeconomic stabilization.

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The European minimum wage on the doorstep

The European Commission published a consultation document with a view to take legislative action to establish fair minimum wages in Europe. In this policy brief, the researchers argue for a pragmatic approach of taking the ‘in-work-poverty-wage’ threshold of 60 per cent of the national full-time gross median wage as the reference to assess the adequacy of minimum wages. In countries in which a high proportion of workers earn very low wages, the whole wage structure, and therefore the median wage, is very low; therefore, a minimum wage of 60 per cent of the national median wage may still not be enough to ensure a decent living standard.

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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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