Weekly economics and geopolitics with historian Adam Tooze and Foreign Policy deputy editor Cameron Abadi.
A longterm truce deal between the United States and Iran would likely include some sanctions relief in exchange for the opening of the Strait of Hormuz. Adam and Cameron discuss where that would leave Iran and how the war has changed some core economic positions in the region. Also on she show: The Economics of Body Building Learn more about your ad choices. Visit megaphone.fm/adchoices
Taiwan runs a huge trade surplus, which is partly due to its chip manufacturing industry. Adam and Cameron discuss how the surplus affects Taiwan and other issues related to its e…
Adam and Cameron discuss the current status of Russia's war in Ukraine and how both countries are faring economically four years into the conflict. Also on the show: What can the…
Nearly half of all U.S. consumer spending comes from the top 10 percent of households. Adam and Cameron explain this diverging, K-shaped economy. Also on the show: The life and le…
Zohran Mamdani has been mayor of New York for about four months now and though it's early to assess his record, it's not too soon to discuss his approach to running the city and h…
The U.S. Federal Reserve will get a new chairman this month, and it's likely to be Kevin Warsh, a financier and former Fed governor. Adam and Cameron discuss Warsh's economic idea…
The war in Sudan is entering its fourth year, with tens of thousands killed and millions displaced. And yet the conflict receives limited media attention and little international…
Adam and Cameron taped this show in front of a live audience in Washington, D.C., at an event held by the Institute of International Finance. Learn more about your ad choices. Vis…
The energy crisis generated by the war in Iran has some historical parallels, including the Suez crisis of 1956 and the Arab-Israeli war in 1973. Adam and Cameron discuss the simi…
Ones and Tooze grew out of a simple proposition: that any week's news, however unruly, can be opened up if you start with the right two data points. Adam Tooze brings a historian's eye to the long arc — the dollar system, energy regimes, debt crises, supply chains, the slow grinding of empires.
Cameron Abadi brings the editor's question: so what? Why does this number matter, who pays, who benefits, what does it foreclose. Together they wander, from a Pakistani city you've barely heard of to the seed vault near the North Pole; from Soviet economists buried for a century to the AI capex cycle reshaping the present.
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