John interviews Adam Tooze, a historian, the author of five books on economic history, and a professor at Columbia University, where he is the director of the interdisciplinary European Institute. Adam also writes a newsletter, “Chartbook,” which in its own words, reports on "economic data, images, stories that matter." Adam’s two latest books deal with the major economic crises of the past two decades. “Crashed” looks back at the global financial crisis of 2007 and 2008, and explains both its causes and the rescue plan that got us out of it – though not without eroding democracies around the world. The newly-released “Shutdown” analyzes the COVID-19 pandemic’s effects on the world economy. John and Adam talk about both crises, their differences, and the mystical workings of the repo market. See acast.com/privacy for privacy and opt-out information.