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A Swiss police officer looks through a binocular to monitor the area during the World Economic Forum 2023 in Davos, Switzerland.
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Davos 2023: Same, same, but different

Davos is back to being Davos in more ways than one. But there are a few noticeable differences from years past at the World Economic Forum.

Economic historian Adam Tooze on the post-pandemic global economy
GZERO World Clips

Economic historian Adam Tooze on the post-pandemic global economy

If 2020 was a dry run for our next big economic disaster, how'd we do? Ian Bremmer spoke to economic historian Adam Tooze about what lessons can be learned from this dark time, as well as his new book Shutdown: How COVID Shook the World Economy.

An economic historian's biggest lesson learned from the pandemic so far
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An economic historian's biggest lesson learned from the pandemic so far

For economic historian Adam Tooze, the biggest lesson learned from COVID so far is we need to invest in a tech-driven science apparatus as insurance against a future similar public health crisis that can kill millions and wipe out 20 percent of GDP in just months, a risk we didn't take seriously enough. "We do have a magic wand, we do have the silver bullet, and we should be doubling down on that."

Making sense of our new global economy
GZERO World Clips

Making sense of our new global economy

If billionaires shooting off into space because their net worth has jumped 60 percent sounds cringeworthy to you, you're not alone. Indeed, the pandemic hasn't been kind to the 120 million people into extreme poverty. Nor to the global economy as a whole, which stands to lose $2.3 trillion by 2025 due to vaccine inequality.

Inflation panicking is 1970s hangover, says economic historian Adam Tooze
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Inflation panicking is 1970s hangover, says economic historian Adam Tooze

Why are so many people panicking about rising inflation these days? For economic historian Adam Tooze, it's "sort of undigested legacy of the trauma of the 1970s," the last time the US and Western Europe experienced high-sky inflation, and we're still "working off the hangover from 50 years ago."

Should the US cancel student loan debt?
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Should the US cancel student loan debt?

Joe Biden has already cancelled more US student than any other president. But progressive Democrats want him to write off a lot more to reduce the racial wealth gap and help people recover better from COVID's economic ruin. Republicans are against all this because it would be unfair to current and future borrowers and to taxpayers footing the bill, not to mention subsidizing the rich.

Latin America faces post-pandemic "lost decade," says economic historian Adam Tooze
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Latin America faces post-pandemic "lost decade," says economic historian Adam Tooze

As the US economy powers ahead to recover from COVID, many developing economies are getting further left behind — especially those in Latin America. Economic historian Adam Tooze says the region, which did relatively well during the global recession, is now "looking at a lost decade."

How the COVID-damaged economy surprised Adam Tooze
GZERO World with Ian Bremmer

How the COVID-damaged economy surprised Adam Tooze

The pandemic hit the global economy hard, and many economies are still hurting. But it could have been even worse. In May 2020, economic historian Adam Tooze told GZERO World that the world was facing a second Great Depression. Now in a new interview with Ian Bremmer, Tooze is back to explain why the US economy rebounded so surprisingly fast, while much of the rest of the world lags behind.

Colorful graphic of a virus and a dollar bill in the background
GZERO World with Ian Bremmer Podcast

Podcast: The COVID-damaged global economy surprised Adam Tooze

Listen: The pandemic hit the global economy hard, and many economies are still hurting. But it could have been even worse. In May 2020 as a guest on the GZERO World podcast, economic historian Adam Tooze told Ian Bremmer that the world was facing a second Great Depression. In a new interview, Tooze is back to take stock and explains why the US economy rebounded so surprisingly fast, while much of the rest of the world lags behind.

What saved the global economy from another Great Depression?
GZERO World Clips

What saved the global economy from another Great Depression?

In May 2020, economic historian Adam Tooze told GZERO World he feared 1 in 5 American workers could still be out of job now due to COVID. It didn't happen. Why? Tooze says he failed to anticipate how quickly we'd get highly effective vaccines, and the scale of the economic stimulus the government was willing to put up. During the 2008 financial crisis, he explains, "we were still beginning to flex our muscles with regards to economic policy, and the scale of fiscal and monetary stimulus that we've seen is as unprecedented as the shock of the spring of last year." Watch Tooze's interview with Ian Bremmer on GZERO World.