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Adam Tooze

Adam Tooze

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

What are central banks for?

What are central banks for?

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.