Ones and Tooze

Adam and Cameron look back at the 1989 Tiananmen Square protests in China and discuss what economic factors drove them. This is the first episode in an intermittent series that looks at historical events that may not have been thought of as having an economic dimension. Learn more about your ad choices. Visit megaphone.fm/adchoices

With the Iran war now entering its second month, Adam and Cameron consider the long-term implications and which countries will be hit hardest. Brought to you by: betterhelp.com/onestooze upwork.com Learn more about your ad choices. Visit megaphone.fm/adchoices

The price of oil keeps rising as the U.S.-Israel war on Iran enters its fourth week, threatening economic turmoil around the world. Also on the show: The philosophy of Jürgen Habermas. Learn more about your ad choices. Visit megaphone.fm/adchoices

China has released a new five-year economic plan that projects GDP growth of around 4.5 percent in the coming year. That would be the country’s slowest growth rate since its era of reforms began in the 1980s. Adam and Cameron dig in. Also on the show: The economics of St. Patrick’s Day. Learn more about your ad choices. Visit megaphone.fm/adchoices

The war on Iran launched a week ago by Israel and the United States is spiraling into a regional conflict with implications for the global economy. Adam and Cameron discuss. Also: Adam and Cameron will be back at the Caveat theater in New York on April 17 to record a live episode of Ones and Tooze. It’s a smallish venue and tickets tend to sell out quickly. Order yours ⁠here⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

With Adam and Cameron off this week, we bring you an episode of Foreign Policy Live—FP's flagship podcast, hosted by the magazine's editor in chief, Ravi Agrawal. Ravi sat down with former CIA chief David Petraeus to discuss what a U.S. war with Iran might look like. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the first year of U.S. President Donald Trump's second term, he has made some dramatic economic changes—relating to tariffs, immigration, and the size of the U.S. government. The result was a modest 2.2 percent economic growth. So, what went wrong? And what went well? Adam and Cameron dig in. Also on the show: A country report on the Netherlands. Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices

Big tech companies are directing a huge portion of their capital expenditures to artificial intelligence—at least $650 billion in the coming year. The effect is to stimulate the economy in the short term, but what happens in the long term? Adam and Cameron discuss. Also on the show: The state of the German economy. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Super Bowl is the most watched event on American television—and a microcosm of American culture. In the first segment of the show, Adam and Cameron discuss the economic and social dimensions of the event. In the second segment, they discuss the cultural and economic world that Jeffrey Epstein inhabited before dying by suicide in prison in 2019. Learn more about your ad choices. Visit megaphone.fm/adchoices

Chinese President Xi Jinping has fired two top generals for alleged corruption as part of a dramatic military purge. With the move, Xi appears to have tightened his hold over the military but added significant instability. Adam and Cameron discuss the history and economics of the People's Liberation Army. Also on the show: Ahead of the Winter Games, Adam and Cameron discuss the economics of Milan. Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. President Donald Trump delivered a meandering address at the World Economic Forum in Davos, Switzerland, this week, demanding that Greenland be handed over to the United States and making a series of questionable assertions. Adam was there. On the podcast, he and Cameron discuss the address, the conference, and the crisis over Greenland. Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam and Cameron discuss the huge protests across Iran—what is driving them and what they mean for the country's future. Also on the show: The U.S. Justice Department investigation into Fed Chair Jerome Powell. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why is the United States inserting itself so aggressively into Venezuela’s affairs? Trump says it’s about oil, but that doesn’t quite add up, according to Adam and Cameron. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this final installment of our miniseries on Soviet economists and thinkers, Adam and Cameron discuss the ideas of Joseph Stalin. Learn more about your ad choices. Visit megaphone.fm/adchoices

December marks both the birth and the collapse of the Soviet Union. Adam and Cameron are spending the month focusing on Soviet economists and thinkers. This week: Leon Trotsky Learn more about your ad choices. Visit megaphone.fm/adchoices

Europe has decided to loan Ukraine more than $100 billion to help fund its war with Russia instead of tapping frozen Russian assets. Adam and Cameron discuss what that means for the continent and how the decision will impact the war. Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam and Cameron continue their December series on founding Soviet thinkers. This week, they discuss the life and work of Polish German revolutionary Rosa Luxemburg. Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam and Cameron discuss China’s $1 trillion trade surplus and the Trump administration’s newly released National Security Strategy. Note: Listeners can find the second segment on Rosa Luxemburg in the following episode. Brought to you by: betterhelp.com/onestooze givewell.org Learn more about your ad choices. Visit megaphone.fm/adchoices

December marks both the birth and the collapse of the Soviet Union. Adam and Cameron are spending the month focusing on Soviet economists and thinkers, starting with Vladimir Lenin. Learn more about your ad choices. Visit megaphone.fm/adchoices

The economies of Russia and Ukraine are experiencing particular turbulence as the war between the two countries creeps toward its fourth year. Adam and Cameron discuss. Also: Twice a year, Ones and Tooze conducts a listener support campaign. Please help keep the show unpaywalled by following the link below and pledging your support. https://www.paypal.com/donate/?hosted_button_id=ATHRTKECVXVE8 Brought to you by: betterhelp.com/onestooze monarch.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam and Cameron discuss the economics of podcasts, a multibillion-dollar industry. And on that topic—twice a year, Ones and Tooze conducts a listener support campaign. Please consider supporting the show by following the link below. https://www.paypal.com/donate/?hosted_button_id=ATHRTKECVXVE8 Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. President Donald Trump is contemplating military action against Venezuela. Adam and Cameron discuss. Also on the show: New York City elects a democratic socialist mayor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam and Cameron discuss U.S. President Donald Trump’s recent visit with Chinese President Xi Jinping and how it could affect the ongoing trade war between the two countries. Also on the show: the Louvre jewel heist. Brought to you by: betterhelp.com/onestooze givewell.org monarch.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Three people shared the Nobel Prize for economics this year—Joel Mokyr, Philippe Aghion, and Peter Howitt—for their work on how innovation and creative destruction drive economic growth. Adam and Cameron discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam is attending the Frankfurt Book Fair this week. He and Cameron discuss the history of the fair and the broader economics of the publishing industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

On a special bonus episode, Cameron sits down with American political philosopher Michael Sandel, the recipient of the 2025 Berggruen Prize for Philosophy & Culture. The two discuss Sandel's critiques of liberalism in the context of Trump's America. Learn more about your ad choices. Visit megaphone.fm/adchoices

Government shutdowns are one of the peculiarities of the U.S. budgetary system. Once again, the two parties have failed to agree on the government’s discretionary spending. Adam and Cameron discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

We're jumping in the feed midweek to share a new season of FP's global fisheries podcast, The Catch. This season is all about tuna. Climate change is pushing this lucrative fish out of the Pacific islands’ waters, and The Catch reporting team heads to the Solomon Islands to learn more. Listen to Season 6 on Apple, Spotify, or wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. President Donald Trump’s Mideast peace plan includes steps for rebuilding Gaza. What would it take to unwind the devastation, and what would the plan mean for Palestinians? Adam and Cameron discuss. Also on the show: Part 3 of their conversation on the broad implications of artificial intelligence. Learn more about your ad choices. Visit megaphone.fm/adchoices

President Donald Trump is reshaping U.S. policy toward Latin America. Adam and Cameron discuss the economic impact on Argentina, Venezuela, and Mexico. Also on the show: A second installment in the occasional series on artificial intelligence. Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam joined FP's other weekly podcast Foreign Policy Live to discuss his piece “The End of Development” in FP’s latest print issue. Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam and Cameron discuss the broad implications of artificial intelligence on the economy and on politics, in the first installment of an occasional series. Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam and Cameron discuss Europe's domestic politics, including the collapse of the French government, German Chancellor Friedrich Merz's "autumn of reforms," and the struggles of the United Kingdom's Labour Party government led by Keir Starmer. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Trump administration’s 50 percent tariffs on India took effect last week. Adam and Cameron dive in. Also on the episode: the economics of tennis. Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. President Donald Trump’s effort to oust a member of the Federal Reserve board raises broader questions about the agency’s future as an independent entity. Also on the show: The economics of hamburgers. Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices