Adam Tooze is a professor of history at Columbia University, and is the author of many books, including his popular account of the 2007-2009 crisis, titled Crashed: How a Decade of Financial Crisis Changed the World. Adam joins David on Macro Musings to discuss the COVID-19 crisis, the Eurozone, and the future of central banking. Specifically, Adam and David break down recent events and risks in the global financial system, the future of the dollar as reserve currency, and the implications of the recent German-Franco debt deal for the Eurozone.

 

Transcript for the episode can be found here.

 

Adam’s Twitter: @adam_tooze

Adam’s Columbia profile: https://history.columbia.edu/faculty/adam-tooze/

Adam’s website: https://adamtooze.com/

 

Related Links:

 

*How Coronavirus Almost Brought Down the Global Financial System* by Adam Tooze

https://www.theguardian.com/business/2020/apr/14/how-coronavirus-almost-brought-down-the-global-financial-system)

 

*The Death of the Central Bank Myth* by Adam Tooze

https://foreignpolicy.com/2020/05/13/european-central-bank-myth-monetary-policy-german-court-ruling/

 

*Still the World's Safe Haven?* by Darrell Duffie

https://www.brookings.edu/wp-content/uploads/2020/05/WP62_Duffie_updated.pdf

 

*Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold?* by Ethan Ilzetzki, Carmen M. Reinhart, Kenneth S. Rogoff

https://www.nber.org/papers/w23134

 

David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth