It’s Deja Vu All Over Again – Adam Tooze’s Shutdown: How Covid Shook the World’s Economy, Allen Lane, 2021

In his latest book Adam Tooze, the most important historian of our generation, brings his synthesis of evidence and analytical skills to the historically unprecedented shutdown of the global economy in response to the coronavirus pandemic. This time it was different: economic activity was not suppressed by the ebb and flow of the business cycle, rather shut down by a “biological shock” (p.292).

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2021-09-24 12:14:32