Plus: The politics of inflation.
As the U.S. presidential election draws closer, hosts Cameron Abadi and Adam Tooze look at how the current climate of elevated inflation and economic discontent translates into political instability. They focus their attention by comparing these times to Weimar Germany, an era that lasted between World War I and the rise of the Nazi dictatorship. That brief democratic period also famously had high inflation and eventually collapsed into outright dictatorship. In this episode, the two dig into the economics of Weimar Germany and consider where exactly the analogy with the United States lines up and where it doesn’t.
Special thanks to listener Nick Page for the idea for this episode.
About Ones and Tooze: Foreign 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 FP's hit podcast, Tooze and FP deputy editor Cameron Abadi 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 here. See All Episodes
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More Ones and Tooze episodes:
The Future of Republican Economics
Plus: Ukraine’s debt crisis.
Getting to Know Kamala Harris
Plus: What Labour’s resounding victory means for the U.K.
Rise of the National Rally?
Adam and Cameron discuss the economic conditions that facilitated the party’s ascent.
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Select Awards for Ones and Tooze:
- Nominated for 2022 Lovie Award; Business