Ones and Tooze

Foreign Policy

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 our new podcast, Tooze and FP deputy editor Cameron Abadi will 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 at https://foreignpolicy.com/author/adam-tooze/.

Listen in podnod RSS feed Show website

268 episodes
Updated Friday

Episodes268

Newest first

Jul 18, 2025 · 37 min
Heterodox Economists: Thorstein Veblen
Adam and Cameron continue their occasional series on heterodox economists. This week, they discuss the life and work of the American economist Thorstein Veblen. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 11, 2025 · 34 min
Heterodox Economists: John Kenneth Galbraith
For the month of July, Adam and Cameron are continuing their occasional series on heterodox economists. This week, they discuss the life and work of the Canadian American economist, diplomat, and author John Kenneth Galbraith. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jul 4, 2025 · 33 min
The Global Art Market
The value of the global art market is roughly $57.5 billion—but it’s an opaque market and difficult to assess. Adam attended the international art fair known as Art Basel this year. On this episode, he and Cameron discuss the global business of art. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 27, 2025 · 42 min
New York and NATO
In June, Zohran Mamdani, a 33-year-old democratic socialist, won the Democratic Party’s mayoral primary election in New York City, defeating a widely known establishment figure, Andrew Cuomo. If Mamdani goes onto to become mayor, what will it mean for the city's economy? Also on the show: the future of NATO. Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 20, 2025 · 42 min
The Economics of the Israel-Iran War
Adam and Cameron discuss the fighting between Israel and Iran, as well as its impact on oil markets, geopolitical alliances, and the ongoing conflict in Gaza. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 13, 2025 · 50 min
The Economics of Mass Deportation
The Trump administration is pushing immigration officials to deport at least 3,000 undocumented immigrants a day and up to a million this year. How will that policy affect the U.S. economy? Adam and Cameron discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices
Jun 6, 2025 · 54 min
Trump's Policy Bill
The big Republican policy bill that extends tax cuts and reduces funding to some important federal programs will also do something else: In the coming decade, it will add $2.4 trillion to the national debt. That data point, based on research conducted by the nonpartisan Congressional Budget Office, is the subject of today's episode. Also on the show: The economics of pilates. Learn more about your ad choices. Visit megaphone.fm/adchoices
May 30, 2025 · 58 min
Trump's Trade War with Europe
The Trump administration has put its plans to impose a 50 percent tariff on all goods from Europe on hold for now. Adam and Cameron discuss the $236 billion trade deficit between the United States and the European Union, as well as the future of trade between the two powers. Plus: This year is the 60th anniversary of The Sound of Music, the classic Hollywood film starring Julie Andrews. Adam and Cameron look at the history of the real von Trapp family and the film's economic impact on tourism in Salzburg, Austria. Brought to you by: betterhelp.com/onestooze nordvpn.com/tooze (Exclusive NordVPN Deal: Try it risk-free now with a 30 day money-back guarantee) Learn more about your ad choices. Visit megaphone.fm/adchoices
May 23, 2025 · 1 hr 8 min
World War II Miniseries: Part 3
To mark the 80th anniversary of the Nazi surrender, Adam and Cameron are doing a three-part series on World War II. In Part 3, they look at the economics of the Holocaust. Learn more about your ad choices. Visit megaphone.fm/adchoices
May 16, 2025 · 1 hr 2 min
World War II Miniseries: Part 2
To mark the 80th anniversary of the Nazi surrender, Adam and Cameron are doing a three-part series on World War II. In Part 2, they look at the economics of the postwar period. Also on the show: A quick conversation about U.S. President Donald Trump’s Middle East trip. Learn more about your ad choices. Visit megaphone.fm/adchoices
May 9, 2025 · 50 min
World War II Miniseries: Part 1
To mark the 80th anniversary of the Nazi surrender, Adam and Cameron are doing a three-part series on World War II. In Part 1, they look at the economics of the war itself. Also on the show: A quick conversation on U.S. President Donald Trump’s futuristic policies. Learn more about your ad choices. Visit megaphone.fm/adchoices
May 2, 2025 · 33 min
Heterodox Economists: Joseph Schumpeter
On this episode, we bring you the latest installment of Adam and Cameron’s occasional series on heterodox economists. Austrian Joseph Schumpeter produced most of his work in the United States as an immigrant and a Harvard professor, beginning in the 1930s. Schumpeter popularized the term “creative destruction.” Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 25, 2025 · 43 min
Trump Looms Large in Canadian Election
In parliamentary elections next week, Canadians are expected to turn out in large numbers for the Liberal Party led by Mark Carney—in part as a reaction to U.S. President Donald Trump. The Liberals had been down in the polls for months, but Trump’s rhetoric and policy, including on tariffs, have prompted voters to turn away from the Conservatives and back Carney, who had a long career in central banking and global finance. On this episode, Adam and Cameron discuss the Canadian economy—the ninth largest in the world—and how Carney plans to deal with Trump. Brought to you by: betterhelp.com/onestooze nordvpn.com/tooze (Exclusive NordVPN Deal: Try it risk-free now with a 30 day money-back guarantee) Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 23, 2025 · 24 min
From the Archive: The Economic Thinking of Pope Francis
Given the news of Pope Francis's death this past week, we're sharing a bonus episode from the archive. This originally aired in March 2024 and is titled, "The Economic Thinking of Pope Francis." We'll be back with a new episode this Friday. Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 18, 2025 · 1 hr 4 min
Why an Unstable Bond Market Is a Big Deal
As tariff concerns rippled through financial markets around the world this month, the 10-year yield on U.S. Treasury bonds advanced 50 basis points. That is the most in more than two decades. Adam and Cameron talk about what fluctuations in the bond market mean and why it has put a scare in investors. Plus, in the second half of the show, the costs and benefits of nuclear proliferation from the perspective of defense budgets, nuclear waste, and international security. Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 11, 2025 · 48 min
Trump’s Trade War with China
U.S. President Donald Trump reversed course this week as he announced a three-month pause on “reciprocal tariffs” but increased tariffs on China to 125 percent. China responded with 84 percent retaliatory hikes. Hosts Cameron Abadi and Adam Tooze talk about the immediate and long-term impacts of this trade war and look at the possible policy goals it might serve. And thank you to everyone who responded to our pitch for listener support last week! If you’d like to help support us make the show, please consider following this link to donate. Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices
Apr 4, 2025 · 41 min
The U.S.-China Economic Relationship
U.S. President Donald Trump’s latest tariffs have raised questions about whether this will be the moment that an all-out trade war breaks out with China. Prior to Trump’s announcement, Adam and Cameron took an overall look at the current economic relationship between the two countries. And thank you to everyone who responded to our pitch for listener support last week! If you’d like to help support us make the show, please consider following this link to donate. Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 28, 2025 · 44 min
The Business of Big Law in the United States
The legal services industry in the United States is a $300 billion business—bigger than any in the world. In recent weeks, U.S. President Donald Trump has targeted parts of the industry to further his own narrow agenda. Adam and Cameron discuss the possible impact. Also on the show: For the first time, Ones and Tooze is asking for listener support. Adam and Cameron describe the reasons—and the challenging economics of podcasts—in the episode. Once you’ve heard the pitch, please come back here and consider supporting us by clicking on this link. Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 21, 2025 · 54 min
A Conversation About Abundance
Adam and Cameron discuss Abundance, the new book by Ezra Klein and Derek Thompson. Learn more about your ad choices. Visit megaphone.fm/adchoices
Mar 14, 2025 · 51 min
Trump's Economy
U.S. President Donald Trump's trade wars and other economic polices since his inauguration in January have helped wipe out some $4 trillion from U.S. stock markets. As of mid-March, the S&P 500 was more than 10 percent below its last record high. The idea some people had that tariffs would just be a threat by Trump, designed to get better trading terms from U.S. allies and adversaries, is flat-out wrong—at least for now. Adam and Cameron discuss what the impacts might be. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ones and Tooze

Heterodox Economists: Thorstein Veblen

Heterodox Economists: John Kenneth Galbraith

The Global Art Market

New York and NATO

The Economics of the Israel-Iran War

The Economics of Mass Deportation

Trump's Policy Bill

Trump's Trade War with Europe

World War II Miniseries: Part 3

World War II Miniseries: Part 2

World War II Miniseries: Part 1

Heterodox Economists: Joseph Schumpeter

Trump Looms Large in Canadian Election

From the Archive: The Economic Thinking of Pope Francis

Why an Unstable Bond Market Is a Big Deal

Trump’s Trade War with China

The U.S.-China Economic Relationship

The Business of Big Law in the United States

A Conversation About Abundance

Trump's Economy