Illustration with Adam Tooze headshot on a green background with the text Ones & Tooze
Illustration with Adam Tooze headshot on a green background with the text Ones & Tooze

Ones and Tooze

The Nobel Prize in Economics Rewards Bank Run Breakthroughs

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Illustration with Adam Tooze headshot on a black and green background with the text "Ones & Tooze"
Illustration with Adam Tooze headshot on a black and green background with the text "Ones & Tooze"

Plus: FP looks at the recent protests in Iran and the current role of women in the country.

In whats becoming an annual traditional, hosts Adam Tooze and Cameron Abadi examine the Nobel prize in economics. This year, former U.S. Federal Reserve chair Ben Bernanke as well as economists Douglas Diamond and Philip Dybvig won for their research on preventing bank runs. Adam notes that while the study of bank runs isnt new, the work of this trio helped provide greater understanding of the macroeconomic forces behind banking.

In the second segment, the two hosts reflect on the recent protests in Iran and the current role of women in the country. They also take a broader look at the Iranian economy and its tremendous potential if it allowed the full participation of women and no longer suffered under international sanctions.

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.

Lessons From the Weimar Republic

Plus: The politics of inflation.

Other Foreign Policy podcasts:

Illustration with an orange background, four female faces, and the text HERO
Illustration with an orange background, four female faces, and the text HERO

The Hidden Economics of Remarkable Women (HERO)

A Foreign Policy series about women creating change through economic empowerment, hosted by Reena Ninan. This season, we are focusing all our stories on girls. What are the real economics of girlhood? What are the hidden costs? And how could girls actually shake up the global economy? We visit girls preventing child marriages in India, advocates who helped legalize abortion in Benin, LGBTQ+ activists in Kenya, and education innovators, among others. HER♀️ is a Foreign Policy production supported by the Bill & Melinda Gates Foundation and the Roberta Buffett Institute for Global Affairs at Northwestern University. Check out the Season 6 trailer below:

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Illustration with a male spy headshot and the text I Spy

I Spy

Spies don’t talk—it’s the cardinal rule of the business. But here at Foreign Policy, we get them to open up. On I Spy, we hear from the operations people: the spies who steal secrets, who kill adversaries, who turn agents into double agents. Each episode features one spy telling the story of one operation. Want swag? Check out I Spy's merch by clicking here.

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Select Awards for Ones and Tooze:

  • Nominated for 2022 Lovie Award; Business
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