Adam Tooze teaches history at Columbia University where he directs the European Institute. His most recent book is Crashed: How a Decade of Financial Crises Changed the World (Viking, 2018).
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Distracted by the perceived threat of a Chinese savings glut, mainstream macroeconomists missed the writing on the wall of the 2008 crisis
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In 2008 a global financial meltdown was just barely contained. But Adam Tooze says that the crisis of confidence has had long aftershocks