Ones and Tooze

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

Adam recently spent a month traveling around China. He and Cameron discuss the vast scale of the country and how its size bears on China’s economic, political, and historical role in the world. Also on the show: Fifty years to the Hollywood movie Jaws. Learn more about your ad choices. Visit megaphone.fm/adchoices

We're jumping into your feed midweek to share an interview with Adam from this past June by our friends at the Radio Davos podcast. We'll be back with a new episode on Friday. Radio Davos is a weekly podcast from the World Economic Forum that looks at the biggest challenges facing the world, and how they might be tackled. Find it wherever you get podcasts or at wef.ch/podcasts. Video-podcasts are posted at https://www.youtube.com/@wef/podcasts. This episode of Radio Davos, an interview with Adam Tooze, was recorded at the World Economic Forum’s Annual Meeting of the New Champions in Tianjin, China on June 25, 2025. Historian and podcaster Adam Tooze says we are at a turning point in history - as the Trump administration upends decades of assumptions on geopolitics, trade and the economy. Coinciding with the dawn of artificial intelligence, the rise of China, and demographic shifts are adding to transformative changes for us all. CNBC anchor Chery Kang joins us in the studio at AMNC25 to co-host the episode. This is a video-podcast, watch it on our YouTube channel: http://wef.ch/3GFeAvl Related podcasts: Halfway through 2025, reasons to be optimistic in a turbulent year Three experts on how to understand the USA Tariffs, globalization, and democracy, with Harvard economist Dani Rodrik Check out all World Economic Forum podcasts on wef.ch/podcasts: YouTube: https://www.youtube.com/@wef Radio Davos - subscribe: https://pod.link/1504682164 Meet the Leader - subscribe: https://pod.link/1534915560 Agenda Dialogues - subscribe: https://pod.link/1574956552 Social handles: LinkedIn https://www.linkedin.com/in/robin-pomeroy/ https://www.linkedin.com/company/world-economic-forum/ https://www.linkedin.com/company/cnbc/ https://www.linkedin.com/in/chery-kang-ab5430175/https://www.linkedin.com/showcase/cnbc-international/ X @RobinPomeroyEd  ​​@adam_tooze @wef @cherykang@cnbci @OnesandToozePod @ForeignPolicy Learn more about your ad choices. Visit megaphone.fm/adchoices

For years now, the Norwegian government has partnered with conservation groups to store seeds from around the world on an archipelago not far from the North Pole. The seeds are basically backups meant to secure the world's food supply in case the original supply is ever compromised—by war or natural disaster, for example. Adam and Cameron discuss the Svalbard Global Seed Vault and how it works. Also on the show: the economics of Alaska. For more on seeds, listen to ⁠State of Seed⁠, a podcast by the International Seed Federation with production services from FP Studios. A note to potential advertisers: Ones and Tooze is looking for a lead sponsor interested in underwriting the show for a year in exchange for advertising and promotional opportunities in all 52 episodes. The package could also include a stage presence in Ones and Tooze live shows, an executive-level briefing by Adam and Cameron, and other crossover events. For information: ⁠⁠partnerships@foreignpolicy.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

The U.S. economy is starting to feel the impact of President Donald Trump's tariffs—including the rise of inflation—but other consequences could take months or even years to be felt. Adam and Cameron dig in. Also on the show: starvation in Gaza. Brought to you by: square.com/go/ones betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices

Some 10 years ago, the United Nations came up with its Sustainable Development Goals, a series of objectives for the world around alleviating poverty and protecting the planet. But these days, it's clear that very few of those goals will be met by the target date of 2030. What happened? And what does the Trump administration's retreat from international development mean for the world? Adam and Cameron dig in. A note to potential advertisers: Ones and Tooze is looking for a lead sponsor interested in underwriting the show for a year in exchange for advertising and promotional opportunities in all 52 episodes. The package could also include a stage presence in Ones and Tooze live shows, an executive-level briefing by Adam and Cameron, and other crossover events. For information: partnerships@foreignpolicy.com Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices

Adam and Cameron continue their occasional series on heterodox economists. This week, they discuss the life and work of Karl Polanyi, an Austro-Hungarian born in the late 19th century and best known for his book The Great Transformation. Learn more about your ad choices. Visit megaphone.fm/adchoices

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

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

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

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

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

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

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

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

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

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

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

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