Adam Tooze Quoted in Financial Times
Adam Tooze, Kathryn and Shelby Cullom Davis Professor of History, was quoted in Financial Times.
Wage growth poses a dilemma for union-friendly Biden.
Adam Tooze, a Columbia University professor, notes in a trenchant essay on the BIS report, “technocrat who celebrates the decline of the bargaining power of organised labour because it makes inflation-control easier” looks politically naive, or blind; it risks stoking “troublesome populism”.