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This is the second episode in a miniseries on heterodox economists—people who embrace completely different approaches to economics than the standard thinkers. Adam and Cameron describe the life and work of Joan Robinson, who worked with John Maynard Keynes on his hugely influential macroeconomics book The General Theory of Employment, Interest, and Money—but came to regard Keynesianism as a failed revolution.
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This is the first episode in a miniseries on heterodox economists—people who embrace completely different approaches to economics than the standard thinkers. Adam and Cameron begin with Michal Kalecki, a Polish economist born in the late 19th century who believed that capitalism was not the solution to the human condition but the problem itself.
Listen until the end to hear Adam’s message from the ICU after his open-heart surgery.
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Adam has an aneurysm on his ascending aorta that requires major surgery. He and Cameron discuss the mechanics of the surgery itself and the economics of the U.S. health care system.
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Why are turkeys actually cheaper around Thanksgiving? And what is the origin of Black Friday?
In this holiday rerun episode, Adam and Cameron talk turkey about the origins of Thanksgiving, how it’s celebrated today, and the things that they’ve been most thankful for in the past year.
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With the collapse of the ruling coalition in Germany, hosts Cameron Abadi and Adam Tooze take a deep dive into the future of the country from both a political and economic perspective.
The two delve into what doomed the government of current chancellor Olaf Scholz and what lies ahead for likely future chancellor Friedrich Merz. Merz is the head of the main opposition party in parliament, the center-right Christian Democrats.
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One of the most surprising data points to emerge from the U.S. election last week was a significant swing toward Donald Trump among the poorest of U.S. voters—those who earn less than $50,000 a year.
The shift seems to be part of a broader political trend, and it raises a question about class and politics in the United States: Why are poor people supporting a candidate whose policies have generally benefited the rich? Adam and Cameron dig in.
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Adam and Cameron discuss how President-elect Donald Trump’s second term will affect U.S. policy around the world.
In order to keep Ones and Tooze going, we’re planning to start a membership program. This is a chance for listeners to tell us what kind of extra content they’d want to hear. Interviews? Listener questions? A Ones and Tooze book club? Please click on the link below and fill out the survey.
https://bit.ly/3NBskqM
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The economic platforms of Harris and Trump contrast sharply. But will this election change the country's economic trajectory? Adam and Cameron dig in.
Also on the show: Everything you wanted to know about the North Korean military.
And a note from Adam and Cameron: In order to keep Ones and Tooze going, we're planning to start a membership program. This is a chance for listeners to tell us what kind of extra content they'd want to hear. Interviews? Listener questions? A Ones and Tooze book club? Please click on the link below and fill out the survey.
https://bit.ly/3NBskqM
Brought to you by: betterhelp.com/onestooze
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More than a million people applied for asylum in Europe last year—helping to stoke an immigration backlash on the continent. Even some centrist governments across Europe are adopting far-right policies on immigration and asylum. Adam and Cameron discuss.
Also on the show: The World Bank and global poverty.
You can find the link to our membership survey here: https://bit.ly/3NBskqM. We appreciate your input and ideas!
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As China prepares a raft of stimulus measures to reboot the country’s domestic economy, Adam and Cameron discuss whether or not the measures will be effective.
Also on the show: Adam and Cameron continue their tradition of discussing the annual Nobel Memorial Prize in Economic Sciences. The 2024 prize went to Daron Acemoglu, Simon Johnson, and James A. Robinson, whose work helped highlight differences in prosperity between nations.
To learn more about their work, check out this paper by the three winners on the causes of long-run growth: https://www.nber.org/papers/w10481
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Weeks before the presidential election, Adam and Cameron discuss the state of Donald Trump’s financial empire. He got his start in the New York City real estate market and made more money—and became more famous—as the host of a reality television show. But Trump is also a social media executive and cryptocurrency trader. If elected, does he stand to benefit from his economic program of high tariffs and a weaker dollar?
Also on the show: Pumpkin spice has become a billion-dollar industry worldwide. How did that happen?
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On Oct. 7, 3023, Hamas militants attacked southern Israel and killed some 1,200 people. Israel responded with an invasion of Gaza, killing more than 41,000 Palestinians so far, most of them civilians. On this episode, Adam and Cameron consider the economic impact of the war on Gaza, Israel, and other parts of the region.
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Adam and Cameron taped this episode in front of a live audience at the Caveat Theater in New York City. They talk about the life and ideas of economist John Maynard Keynes.
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Hosts Cameron Abadi and Adam Tooze take to the stage in front of a live audience at the Sixth and I Historic Synagogue in Washington, D.C., for a wide-ranging discussion. Their conversation touches on topics as varied as Adam’s quest for U.S. citizenship, former European Central Bank President Mario Draghi’s dire report on the state of Europe’s economy, and what to make of some of the swing states in the upcoming U.S. presidential election.
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With data showing a weakened labor market and a potential recession on the horizon in the United States, the Federal Reserve is expected to cut interest rates. Adam and Cameron discuss what it means for the economy.
Come see Adam and Cameron’s live taping in Washington, D.C. on September 17 at the beautiful Sixth and I venue. Or purchase VIP tickets and meet them in person. Follow the link below for details.
https://www.sixthandi.org/event/foreign-policys-ones-and-tooze-podcast/
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In today’s episode, hosts Adam Tooze and Cameron Abadi discuss climate policy and how it’s playing out on both sides of the Atlantic. In the first half of the show, they look into the effectiveness of the Inflation Reduction Act, which passed in the United States in 2022, and how it’s faring two years later. Then they direct their focus on efforts to reduce carbon emissions in Germany and see what has been effective and where there are stumbling blocks.
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Adam and Cameron’s live taping next month in New York is sold out. But there are still tickets available for the live show in Washington, D.C. Follow the link below for tickets.
Sixth & I in Washington, DC, on Tuesday, September 17.
https://www.sixthandi.org/event/foreign-policys-ones-and-tooze-podcast/
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Cameron’s book Climate Radicals is on sale Sept. 10 and and available for pre-order now: https://amzn.to/3ASyK1v
*FP earns an affiliate commission on anything purchased through links to Amazon.com on this page.
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The Lebanese pound has lost 98 percent of its value since 2019—just one sign among many that the country’s economy is in free fall. Cameron and Adam dig in.
Also on the show, another installment in the series on U.S. swing states—this time, Michigan.
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Adam and Cameron’s live taping next month in New York is sold out. But there are still tickets available for the live show in Washington, D.C. Follow the link below for tickets.
Sixth & I in Washington, DC, on Tuesday, September 17.
https://www.sixthandi.org/event/foreign-policys-ones-and-tooze-podcast/
Brought to you by: betterhelp.com/onestooze
Learn more about your ad choices. Visit megaphone.fm/adchoices -
With a 20 percent hike in the cost of food, Democratic presidential candidate Kamala Harris is vowing to crack down on price-gouging. But is that what grocery chains are doing? Adam and Cameron discuss.
Also on the show, how the political tumult in Bangladesh will affect the country's economy.
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Adam and Cameron will be doing two live shows next month—one in Washington, D.C., and the other in New York City. Follow the links below for tickets.
Sixth & I in Washington, DC, on Tuesday, September 17.
https://www.sixthandi.org/event/foreign-policys-ones-and-tooze-podcast/
The Caveat in New York City on Wednesday, September 25.
https://www.caveat.nyc/events/ones-and-tooze-9-25-2024
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After a U.S. district court determined that Google was violating antitrust laws with its Chrome browser, Justice Department officials are weighing whether to break up the company. Adam and Cameron discuss what it would mean.
Also on the show, Part One in an occasional series on U.S. swing states. This week: Minnesota.
Adam and Cameron will be doing two live shows next month—one in Washington, D.C., and the other in New York City. Follow the links below for tickets.
Sixth & I in Washington, DC, on Tuesday, September 17.
https://www.sixthandi.org/event/foreign-policys-ones-and-tooze-podcast/
The Caveat in New York City on Wednesday, September 25.
https://www.caveat.nyc/events/ones-and-tooze-9-25-2024
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Did international markets overreact to the job data earlier in the week? Or is the United States entering a recession?
Also: Adam and Cameron will be doing two live shows next month—one in Washington, D.C., and the other in New York City. Follow the links below for tickets.
Sixth & I in Washington, DC, Tuesday, September 17.
https://www.sixthandi.org/event/foreign-policys-ones-and-tooze-podcast/
The Caveat in New York City on Wednesday, September 25.
https://www.caveat.nyc/events/ones-and-tooze-9-25-2024
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