Ones and Tooze
140 episodes - English - Latest episode: 16 days ago - ★★★★★ - 219 ratingsForeign Policy economics columnist Adam Tooze, a history professor and a popular author, is encyclopedic about basically everything: from the COVID shutdown, to climate change, to pasta sauce. On our new podcast, Tooze and FP deputy editor Cameron Abadi will look at two data points each week that explain the world: one drawn from the week’s headlines and the other from just about anywhere else Tooze takes us. Check out Adam Tooze’s column at https://foreignpolicy.com/author/adam-tooze/.
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Episodes
Famine in Gaza
April 12, 2024 10:00 - 28 minutesAs the Israel-Hamas war drags on, about half of the Palestinians in Gaza are on the brink of famine, and the other half are experiencing acute food insecurity. Adam and Cameron discuss how humanitarian aid works in a crisis zone and what it would take to rebuild Gaza.
The Economics of a Bridge Disaster
April 05, 2024 10:00 - 41 minutesIt will cost up to $3 billion to replace the Francis Scott Key Bridge in the U.S. city of Baltimore, Maryland, which collapsed last month after it was struck by a container ship. Adam and Cameron discuss the implications for the city of Baltimore, the insurance industry, and global shipping. Also on the show: The economics of Tajikistan.
The Economic Thinking of Pope Francis
March 29, 2024 10:00 - 24 minutesTo mark the Easter holiday, Adam and Cameron discuss the economic thinking of Pope Francis and how it strays from the traditional approach of the Catholic Church. Brought to you by: betterhelp.com/onestooze crashplan.com/ones
COVID-19’s Long Shadow, Part 4
March 22, 2024 10:00 - 39 minutesThis is the fourth installment of a mini series on the long shadow of COVID-19, marking four years since the start of the coronavirus. In this final segment, Adam and Cameron discuss whether the world is now better equipped to respond to similar crises. Also on the show: The economics of resort hotels.
COVID-19’s Long Shadow, Part 3
March 15, 2024 10:00 - 47 minutesTo mark four years since the start of the COVID-19 pandemic, Adam and Cameron are talking about the long shadow of the coronavirus. In Part 3, they look at how the pandemic affected the global economy. Also on the show: China's economy is facing a major rebalancing. Can it keep rising?
COVID-19’s Long Shadow, Part 2
March 08, 2024 11:00 - 41 minutesTo mark four years since the start of the COVID-19 pandemic, Adam and Cameron are talking about the long shadow of the coronavirus. In Part 2, they look at the economic impact of long COVID—which afflicts about 10 percent of people who contract the coronavirus. Also on the show, coinciding with the night of the Oscars: The economics of Oppenheimer’s Manhattan Project—the U.S. endeavor to build the first nuclear bomb.
COVID-19’s Long Shadow
March 01, 2024 11:00 - 38 minutesTo mark four years since the start of the COVID-19 pandemic, Adam and Cameron are launching a miniseries: four episodes on the long shadow of the coronavirus. In Part 1, they look at its impact on the commercial real estate market.
The Age of American Gerontocracy
February 23, 2024 11:00 - 30 minutesThe United States’ top leaders are older than ever. Is capitalism inherently gerontocratic? Do older leaders govern better or worse historically? And could a leader’s advanced age sap economic confidence and have a pocketbook effect? Adam and Cameron dig in. Brought to you by: betterhelp.com/onestooze
Indonesia's Presidential Election
February 16, 2024 11:00 - 31 minutesPrabowo Subianto is on track to win the presidential election in Indonesia, raising concerns about a backslide towards authoritarianism in the world's third largest democracy. Adam and Cameron discuss the political and economic implications.
Who Will Pay to Save Ukraine?
February 09, 2024 11:00 - 46 minutesIn today’s episode, Adam and Cameron look at the political realities as they assess both the United States’ and the European Union’s willingness to continue funding Ukraine’s efforts to defend itself against Russia. In the second segment, the two take a historic look back at how Las Vegas became Sin City and whether or not having a “fun” economy is beneficial to residents in the long term.
The Danish Company Behind Ozempic
February 02, 2024 11:00 - 31 minutesThe market value of Novo Nordisk, the Danish company that makes the weight loss drugs Wegovy and Ozempic, hit $500 billion this past week—a rare achievement for a European firm. Novo Nordisk is owned by a non-profit foundation, which gives the company an unusual corporate structure. Adam and Cameron discuss.
The Trouble With Boeing
January 26, 2024 11:00 - 39 minutesBoeing's stock price has fallen by 14 percent since a hole blew open on one of its 737 Max 9 planes mid flight earlier this month. The plane has had other safety issues over the years. What are the implications for Boeing and its European rival, Airbus? Adam and Cameron dig in.
The War Over Global Shipping
January 19, 2024 11:00 - 37 minutesThe attacks by Houthi militants on cargo ships in and around the Red Sea is posing a serious threat to global trade—serious enough to prompt American-led air strikes on the group in Yemen. Thirty percent of all global containers pass through the Red Sea Strait. Adam and Cameron discuss the economic implications.
Does Davos Have a Trust Problem?
January 12, 2024 11:00 - 35 minutesThe theme of the 54th annual meeting of the World Economic Forum at Davos is "Rebuilding Trust." Do the rich and powerful have our trust? Do they deserve it? Adam and Cameron dig in. Also on the show: Will the Biden administration block the $14.1 billion bid by Japan's Nippon Steel to take over U.S. Steel?
A Look Ahead at 2024
January 05, 2024 11:00 - 36 minutesIn the coming year, a record number of elections will be held around the world, including in Taiwan, India, Britain, the European Union, and the United States. Adam and Cameron look ahead at 2024 and specifically at the potential impact of these elections.
A Look Back at 2023
December 29, 2023 11:00 - 27 minutesAdam and Cameron look at the biggest economic stories of 2023, from inflation surges to the declining growth rate in China to the impact of artificial intelligence on jobs and life generally.
Santa Claus Economics
December 22, 2023 11:00 - 28 minutesJust in time for Christmas, Adam and Cameron talk all things Santa and touch on topics ranging from elves, to reindeer, to the political status of the North Pole, in a tongue in cheek look in the holiday. Adam does his best to give real economical analysis to some farcical questions while also offering insight and historical perspective to the holiday celebrated across the globe.
What the COP Deal Really Means
December 15, 2023 10:58 - 38 minutesMember states at the U.N.-led conference on climate change in Dubai have agreed to "transition away" from fossil fuels. Was it an unprecedented deal or a vague agreement that amounts to very little? Adam and Cameron dig in. Also on the show: Germany's 17 billion euro budget crisis.
Argentina's New Leader
December 08, 2023 11:00 - 24 minutesArgentina's new president, Javier Milei, is a far-right libertarian and former television personality. He's also an economist who has promised to slash spending and close the country's central bank. Adam and Cameron dig in.
Napoleon: The Movie and the Man
December 01, 2023 11:00 - 34 minutesFilmmaker Ridley Scott's movie on Napoleon Bonaparte is an ambitious portrayal of a man considered one of the greatest military commanders in history. It's also the worst film Adam has ever seen. On this episode, Adam and Cameron discuss the movie and the man—including his economic policies. Brought to you by: betterhelp.com/onestooze https://www.npr.org/podcasts/510289/planet-money factormeals.com/ones50
How War Complicates the Insurance Business
November 24, 2023 11:00 - 44 minutesWars and climate change around the world have had a huge impact on the insurance industry and the way it assesses risk. Adam and Cameron break it down.
The Techno-Optimism of Marc Andreessen
November 17, 2023 11:00 - 34 minutesA 5,000-word essay titled “The Techno-Optimist Manifesto” is getting a lot of attention in Silicon Valley and elsewhere. Written by the venture capitalist Marc Andreessen, the essay is a paean to technology as a driver of wealth and happiness but also a jingoistic glorification of late-stage capitalism and American nationalism. Adam and Cameron discuss. Brought to you by: factormeals.com/ones50
Is the United Nations Worth the Money?
November 10, 2023 11:00 - 35 minutesThis week, Adam and Cameron talk about the United Nations, which operates on an annual budget of $3.4 billion. The money is provided by member states but what does it buy them? Also on the show: The economics of Sweden.
Live From Berlin's Hertie School
November 03, 2023 10:00 - 59 minutesAdam and Cam do a live show at the Hertie School in Berlin. The two discuss topics including German political parties, Germany’s relationship to Israel, the efficacy of border walls both physical and virtual, and the state of higher education in Germany.
U.S. Deficit Too High?
October 27, 2023 10:00 - 42 minutesThe 2023 U.S. deficit is expected to be around $2 trillion — about double the size of the 2022 fiscal year. Adam tends to be less concerned with deficits than other economic experts. But how does he feel about it this time? On today’s episode, Adam and Cameron analyze the current deficit. Then, they explore the World Series in baseball. Tickets for the livestream of our Oct 27 event in Berlin are still on sale: https://www.hertie-school.org/en/events/event-detail/event/ones-and-tooze-live-in...
Egypt and the War in Gaza
October 20, 2023 10:00 - 46 minutesEgypt is struggling economically. Now it’s also facing pressure from the war between Israel and Hamas in the neighboring Gaza Strip. Adam and Cameron dig in. Also: Harvard University professor and economic historian Claudia Goldin won the Nobel Prize in economics this year for her work studying the gender pay gap. What does that work tell us about today’s labor force? For other podcasts, check out: https://www.npr.org/podcasts/510289/planet-money https://www.goalhangerpodcasts.com/disorder
The Economics of the Israel-Hamas War
October 13, 2023 10:00 - 34 minutesHamas’s attack on Israel and the coming Israeli ground offensive in Gaza have significant economic implications for both sides. Adam and Cameron explore. Hey, Ones and Tooze listeners in Berlin! After the success of the last live show, Adam and Cameron are going to be doing another live taping on Oct. 27 at 7 p.m. at the Hertie School (Friedrichstraße 180, 10117 Berlin, Germany). Tickets are going quickly. Purchase them here: https://www.podfestberlin.com/event-details/ones-and-tooze-live-in-...
How Asylum-Seekers Shake Up Economies (Mostly in Good Ways)
October 06, 2023 10:00 - 39 minutesAdam and Cameron devote the entire episode to looking at all aspects of migration as the number of asylum-seekers in Europe is on pace to hit a record 1 million this year. Adam discusses how economically speaking migration is a net-plus for most countries and how it’s vital to invest in housing and other infrastructure in order to absorb new populations. Hey, Ones and Tooze listeners in Berlin! After the success of the last live show, Adam and Cameron are going to be doing another live taping...
Electric Cars or Better Wages?
September 29, 2023 10:00 - 31 minutesThe strike of United Auto Workers raises thorny questions not just about labor in the United States—but also about the fight against climate change. Adam and Cameron dig in. Brought to you by: betterhelp.com/onestooze
Ask Adam Anything on Inflation
September 22, 2023 10:00 - 35 minutesAdam and Cameron answer more listener questions, this week about inflation. Brought to you by: betterhelp.com/onestooze
Ask Adam Anything on China
September 15, 2023 10:00 - 38 minutesThis week, Adam and Cameron mark two years since the start of the podcast. They spend the episode answering listener questions on China. To sign up for Foreign Policy's excellent weekly newsletter on China for free, go to: https://foreignpolicy.com/category/china-brief/ Brought to you by: betterhelp.com/OnesTooze
The Economic Philosophy of George Soros
September 08, 2023 12:15 - 38 minutesBillionaire George Soros has been funding democracy promotion around the world for decades, through his Open Society Foundations. For his efforts, he has become a bogeyman for the far right. But what economic philosophies drive Soros’s charity work? And how do they align with the business strategies that made him so fabulously wealthy? Adam and Cameron dig in.
The Pencil as Economic Metaphor
September 01, 2023 10:00 - 40 minutesAdam and Cameron discuss the common pencil—both a must-have back-to-school item and a metaphor for the free-market economy. Also on the show: The economics of Mongolia.
A Tale of Two Economies
August 25, 2023 10:00 - 44 minutesEconomic growth in Japan is surging while the U.K. continues its long slump. Adam and Cameron explain what's driving the trends in each country.
Ruble Roulette
August 18, 2023 10:00 - 40 minutesAre Western sanctions on Russia working? The Russian central bank raised interest rates by a dramatic 3.5 percent in the past week after the ruble dropped sharply—clear signs that the Russian economy is faltering. But in many ways, Moscow has defied expectations. Adam and Cameron explain how. Also on the show: the economics of Niger.
China's Economic Crisis
August 11, 2023 10:00 - 39 minutesChina is facing a crisis in its real estate market that threatens to impact its economy overall. Adam and Cameron explore the broader issues in China accounting for the slowdown.
The Economic Impact of Israel’s Surge Toward Authoritarianism
August 04, 2023 10:00 - 34 minutesThe government of Prime Minister Benjamin Netanyahu has been moving Israel steadily toward authoritarianism, with a series of proposed laws designed to weaken the country’s Supreme Court. In response, many thousands of Israelis have protested, high-tech companies have pulled out, and credit rating agencies are issuing warnings about investment in Israel. Cameron and Adam discuss how all this will impact Israel’s economy and the country’s future.
Introducing The Hidden Economics of Remarkable Women
August 02, 2023 10:00 - 29 minutesFor a bonus listen this week, we're sharing an episode from The Hidden Economics of Remarkable Women, a podcast from FP about women creating change through economic empowerment, hosted by Reena Ninan. The latest season focuses on the role of male allies. When are they effective? Why are they doing this work? And how do they influence men and boys? In this episode, hear how two groups of allies in South Africa are working to end gender-based violence in their country.
Bidenomics
July 28, 2023 10:00 - 29 minutesWhat is U.S. President Joe Biden's economic philosophy? Post-neoliberal? Or maybe pre-neoliberal? Or something else altogether? Adam and Cameron discuss.
The Economics of Hollywood
July 21, 2023 10:00 - 26 minutesThe old debate over equity in Hollywood has become much more complicated thanks to streaming services and artificial intelligence. Adam and Cameron break it down.
Trillion Dollar Sticker Shock? Let's All Get Over It
July 14, 2023 10:00 - 35 minutesAddressing crises around the world from climate change to poverty will require spending many trillions of dollars. Yet the T-word remains a taboo among politicians. On this episode, Adam and Cameron discuss why we need to embrace it. Also on the show: The economics of cigarettes.
The Arithmetic of Apple's $3 Trillion Valuation
July 07, 2023 10:00 - 34 minutesThis week, Apple became the first company ever to reach a valuation of $3 trillion. Is the company that Steve Jobs built really worth that much? Adam and Cameron discuss.
The Rise and Fall of Yevgeny Prigozhin
June 30, 2023 10:00 - 38 minutesThe mutiny in Russia led by Yevgeny Prigozhin this past week raises tough questions about the future of President Vladimir Putin. Adam and Cameron discuss the military and economic implications. Also on the show: The economics of fireworks.
The United States vs. Europe
June 23, 2023 10:00 - 38 minutesEuropeans recall a time when the European Union’s economy was substantially larger than America’s. But in the past 15 years, the United States has surged, while Europe has declined. On the show this week, Adam and Cameron discuss why that is and what the implications are on both sides of the Atlantic. Also on the show: the economics of drones.
Ukraine's Daunting Economic Rebuild
June 16, 2023 10:00 - 36 minutesOn today's episode, Adam and Cam look at the devastating impact Russia's war on Ukraine has had on Ukraine's infrastructure - in particular the destruction of the Kakhovka dam. In the second segment, the two reflect back on the life of former Italian Prime Minister Silvio Berlusconi and try to parse out how much his personal scandals impacted the national economy.
The Economics of High Art
June 09, 2023 03:00 - 37 minutesAn exhibition in Amsterdam of the Dutch painter Johannes Vermeer's works has been sold out for months. But what's in it for the museum hosting the collection? Adam and Cameron discuss the economics of high art and blockbuster art shows. Also on the podcast: The economics of professional basketball.
Introducing Foreign Policy Live
June 05, 2023 10:00 - 44 minutesAs a special bonus this week, U.S. climate envoy John Kerry joins Foreign Policy’s editor in chief Ravi Agrawal on our new show, Foreign Policy Live. Each week, Agrawal sits down with world leaders and policy experts on the issues that matter most to you. Watch these conversations live by going to foreignpolicy.com/live or listen to the podcast every Friday.
Tech's New Trillionaire
June 02, 2023 10:00 - 47 minutesIt's a great time to be in the AI business. Just ask Nvidia, the AI chip company that doubled in value this year. Cameron and Adam discuss whether it's overvalued... or worth every penny. Also on the show: the economics of Mexico.
Ones and Tooze, Live From Berlin
May 26, 2023 10:00 - 1 hourThis episode is a recording of a live show Adam and Cameron held at the Prachtwerk in Berlin on May 25, 2023. Topics include the American debt ceiling and Germany's role in the world.
How Turkey’s Economy Explains Its Election Results (or Doesn’t)
May 19, 2023 10:00 - 31 minutesTurkish President Recep Tayyip Erdoğan's unorthodox monetary policies have caused surging inflation and a currency crisis. And, yet, most voters don't seem to mind. Adam and Cameron analyze Turkey's economy and politics in this episode. Also on the show: Why is olive oil suddenly so expensive?