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Ones and Tooze

Foreign Policy·Hosted by Adam Tooze and Cameron Abadi·260 episodes

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Foreign Policy economics columnist Adam Tooze, a history professor and a popular author, is encyclopedic about basically everything: from the COVID shutdown, to climate change, to pasta sauce. On our new podcast, Tooze and FP deputy editor Cameron Abadi will look at two data points each week that explain the world: one drawn from the week’s headlines and the other from just about anywhere else Tooze takes us. Check out Adam Tooze’s column at https://foreignpolicy.com/author/adam-tooze/.

Why listen

Ones and Tooze turns global economics into a lively weekly conversation between historian Adam Tooze and Foreign Policy editor Cameron Abadi. Each episode uses current crises, political shifts, wars, culture, and odd historical detours to show how money and power move through the world. It is a strong fit for listeners who want serious international analysis without a lecture-hall feel.

Series(2)

Episodes

0 min
Jun 3, 2026
Berlin Live Show Annoucement

As Cameron mentioned in last week's episode, Ones and Tooze is coming to Berlin for a live taping this upcoming Monday, June 8. Capacity is limited, and tickets are selling fast. We hope to see you there! For more event details and ticket info: https://www.podfestberlin.com/event-details/ones-tooze-live-in-berlin-june-2026 Learn more about your ad choices. Visit megaphone.fm/adchoices

1 hr 3 min
May 29, 2026
The Postwar Iranian Economy

A long-term truce deal between the United States and Iran would likely include some sanctions relief in exchange for the opening of the Strait of Hormuz. Adam and Cameron discuss where that would leave Iran and how the war has changed some core economic positions in the region. Also on the show: the economics of bodybuilding. Learn more about your ad choices. Visit megaphone.fm/adchoices

49 min
May 22, 2026
Taiwan

Taiwan runs a huge trade surplus, which is partly due to its chip manufacturing industry. Adam and Cameron discuss how the surplus affects Taiwan and other issues related to its economy. Learn more about your ad choices. Visit megaphone.fm/adchoices

52 min
May 15, 2026
Russia’s Economic Slowdown

Adam and Cameron discuss the current status of Russia’s war in Ukraine and how both countries are faring economically four years into the conflict. Also on the show: What can the British Labour Party learn from other center-left governments? Learn more about your ad choices. Visit megaphone.fm/adchoices

56 min
May 8, 2026
The K-Shaped Economy

Nearly half of all U.S. consumer spending comes from the top 10 percent of households. Adam and Cameron explain this diverging, “K-shaped” economy. Also on the show: The life and legacy of Margaret Thatcher. Learn more about your ad choices. Visit megaphone.fm/adchoices

1 hr 3 min
May 4, 2026
Bonus Segment: Mamdani's New York

Zohran Mamdani has been mayor of New York for about four months now and though it's early to assess his record, it's not too soon to discuss his approach to running the city—and his particular brand of democratic socialism. Adam and Cameron took up the issue in front of a live audience at the Caveat Theater in Manhattan last month. We thought our listeners would enjoy the segment. Learn more about your ad choices. Visit megaphone.fm/adchoices

55 min
May 1, 2026
Who Is Kevin Warsh?

The U.S. Federal Reserve will get a new chairman this month, and it’s likely to be Kevin Warsh, a financier and former Fed governor. Adam and Cameron discuss Warsh’s economic ideas and the impact that he’ll likely have on interest rates and the economy as a whole. Also on the show: The economics of Michael Jackson. Learn more about your ad choices. Visit megaphone.fm/adchoices

57 min
Apr 24, 2026
The War in Sudan

The war in Sudan is entering its fourth year, with tens of thousands killed and millions displaced. And yet the conflict receives limited media attention and little international aid. Adam and Cameron dig in. Also on the show: Islamabad is hosting the negotiations between the United States and Iran. Adam and Cameron discuss the history and economics of this Pakistani city. For listeners in New York City: On April 28, Adam will be joined by Columbia University President Emeritus Lee C. Bollinger and Nobel laureate Joseph E. Stiglitz for a conversation marking the 20th anniversary of the ⁠Committee on Global Thought⁠, moderated by FP editor in chief Ravi Agrawal. ⁠Register here. Brought to you by: betterhelp.com/onestooze upwork.com Learn more about your ad choices. Visit megaphone.fm/adchoices

45 min
Apr 17, 2026
Ones and Tooze Live in Washington, D.C.

Adam and Cameron taped this show in front of a live audience in Washington, D.C., at an event held by the Institute of International Finance. Learn more about your ad choices. Visit megaphone.fm/adchoices

57 min
Apr 10, 2026
The Energy Crisis

The energy crisis generated by the war in Iran has some historical parallels, including the Suez crisis of 1956 and the Arab-Israeli war in 1973. Adam and Cameron discuss the similarities and differences. Also on the show: Viktor Orban is once again up for reelection in Hungary—but this time, he’s fighting an uphill battle. Learn more about your ad choices. Visit megaphone.fm/adchoices

38 min
Apr 6, 2026
Interview with Iran Expert Ali Vaez

Hello Ones and Tooze Listeners. Our sister show, Foreign Policy Live, aired an interview recently with Ali Vaez, one of the most interesting Iran analysts out there. We wanted to share it with you. FP Live is hosted by Foreign Policy's editor in chief, Ravi Agrawal. For people interested in geopolitical issues related to Iran, Ukraine, Gaza, China, and other hot spots around the world, there's no better podcast. Enjoy the interview. --Cameron Learn more about your ad choices. Visit megaphone.fm/adchoices

38 min
Apr 3, 2026
The Economics That Drove the Tiananmen Square Protests

Adam and Cameron look back at the 1989 Tiananmen Square protests in China and discuss what economic factors drove them. This is the first episode in an intermittent series that looks at historical events that may not have been thought of as having an economic dimension. Learn more about your ad choices. Visit megaphone.fm/adchoices

30 min
Mar 27, 2026
The Enduring Impact of the War in Iran

With the Iran war now entering its second month, Adam and Cameron consider the long-term implications and which countries will be hit hardest. Brought to you by: betterhelp.com/onestooze upwork.com Learn more about your ad choices. Visit megaphone.fm/adchoices

54 min
Mar 20, 2026
Iran and Habermas

The price of oil keeps rising as the U.S.-Israel war on Iran enters its fourth week, threatening economic turmoil around the world. Also on the show: The philosophy of Jürgen Habermas. Learn more about your ad choices. Visit megaphone.fm/adchoices

48 min
Mar 13, 2026
China’s Five-Year Plan

China has released a new five-year economic plan that projects GDP growth of around 4.5 percent in the coming year. That would be the country’s slowest growth rate since its era of reforms began in the 1980s. Adam and Cameron dig in. Also on the show: The economics of St. Patrick’s Day. Learn more about your ad choices. Visit megaphone.fm/adchoices

51 min
Mar 6, 2026
The War on Iran

The war on Iran launched a week ago by Israel and the United States is spiraling into a regional conflict with implications for the global economy. Adam and Cameron discuss. Also: Adam and Cameron will be back at the Caveat theater in New York on April 17 to record a live episode of Ones and Tooze. It’s a smallish venue and tickets tend to sell out quickly. Order yours ⁠here⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

42 min
Feb 27, 2026
What a War With Iran Might Look Like

With Adam and Cameron off this week, we bring you an episode of Foreign Policy Live—FP's flagship podcast, hosted by the magazine's editor in chief, Ravi Agrawal. Ravi sat down with former CIA chief David Petraeus to discuss what a U.S. war with Iran might look like. Learn more about your ad choices. Visit megaphone.fm/adchoices

58 min
Feb 20, 2026
Trump's Economy, One Year On

In the first year of U.S. President Donald Trump's second term, he has made some dramatic economic changes—relating to tariffs, immigration, and the size of the U.S. government. The result was a modest 2.2 percent economic growth. So, what went wrong? And what went well? Adam and Cameron dig in. Also on the show: A country report on the Netherlands. Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices

48 min
Feb 13, 2026
The AI Economy

Big tech companies are directing a huge portion of their capital expenditures to artificial intelligence—at least $650 billion in the coming year. The effect is to stimulate the economy in the short term, but what happens in the long term? Adam and Cameron discuss. Also on the show: The state of the German economy.  Learn more about your ad choices. Visit megaphone.fm/adchoices

54 min
Feb 6, 2026
The Super Bowl and Jeffrey Epstein

The Super Bowl is the most watched event on American television—and a microcosm of American culture. In the first segment of the show, Adam and Cameron discuss the economic and social dimensions of the event. In the second segment, they discuss the cultural and economic world that Jeffrey Epstein inhabited before dying by suicide in prison in 2019. Learn more about your ad choices. Visit megaphone.fm/adchoices

1 hr 3 min
Jan 30, 2026
Trouble in the Chinese Military

Chinese President Xi Jinping has fired two top generals for alleged corruption as part of a dramatic military purge. With the move, Xi appears to have tightened his hold over the military but added significant instability. Adam and Cameron discuss the history and economics of the People's Liberation Army. Also on the show: Ahead of the Winter Games, Adam and Cameron discuss the economics of Milan. Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices

46 min
Jan 23, 2026
Seventy Minutes at Davos

U.S. President Donald Trump delivered a meandering address at the World Economic Forum in Davos, Switzerland, this week, demanding that Greenland be handed over to the United States and making a series of questionable assertions. Adam was there. On the podcast, he and Cameron discuss the address, the conference, and the crisis over Greenland. Learn more about your ad choices. Visit megaphone.fm/adchoices

56 min
Jan 16, 2026
Protests in Iran

Adam and Cameron discuss the huge protests across Iran—what is driving them and what they mean for the country's future. Also on the show: The U.S. Justice Department investigation into Fed Chair Jerome Powell. Learn more about your ad choices. Visit megaphone.fm/adchoices

49 min
Jan 9, 2026
The Venezuela Conundrum

Why is the United States inserting itself so aggressively into Venezuela’s affairs? Trump says it’s about oil, but that doesn’t quite add up, according to Adam and Cameron. Learn more about your ad choices. Visit megaphone.fm/adchoices

56 min
Jan 2, 2026
Heterodox Economists: Joseph Stalin

In this final installment of our miniseries on Soviet economists and thinkers, Adam and Cameron discuss the ideas of Joseph Stalin. Learn more about your ad choices. Visit megaphone.fm/adchoices

42 min
Dec 26, 2025
Heterodox Economists: Leon Trotsky

December marks both the birth and the collapse of the Soviet Union. Adam and Cameron are spending the month focusing on Soviet economists and thinkers. This week: Leon Trotsky Learn more about your ad choices. Visit megaphone.fm/adchoices

35 min
Dec 19, 2025
Funding the War in Ukraine

Europe has decided to loan Ukraine more than $100 billion to help fund its war with Russia instead of tapping frozen Russian assets. Adam and Cameron discuss what that means for the continent and how the decision will impact the war.  Learn more about your ad choices. Visit megaphone.fm/adchoices

33 min
Dec 18, 2025
Heterodox Economists: Rosa Luxemburg

Adam and Cameron continue their December series on founding Soviet thinkers. This week, they discuss the life and work of Polish German revolutionary Rosa Luxemburg. Learn more about your ad choices. Visit megaphone.fm/adchoices

38 min
Dec 12, 2025
China's Trade Surplus

Adam and Cameron discuss China’s $1 trillion trade surplus and the Trump administration’s newly released National Security Strategy. Note: Listeners can find the second segment on Rosa Luxemburg in the following episode. Brought to you by: betterhelp.com/onestooze givewell.org Learn more about your ad choices. Visit megaphone.fm/adchoices

42 min
Dec 5, 2025
Heterodox Economists: Vladimir Lenin

December marks both the birth and the collapse of the Soviet Union. Adam and Cameron are spending the month focusing on Soviet economists and thinkers, starting with Vladimir Lenin. Learn more about your ad choices. Visit megaphone.fm/adchoices

46 min
Nov 21, 2025
Russia and Ukraine

The economies of Russia and Ukraine are experiencing particular turbulence as the war between the two countries creeps toward its fourth year. Adam and Cameron discuss. Also: Twice a year, Ones and Tooze conducts a listener support campaign. Please help keep the show unpaywalled by following the link below and pledging your support. https://www.paypal.com/donate/?hosted_button_id=ATHRTKECVXVE8 Brought to you by: betterhelp.com/onestooze monarch.com Learn more about your ad choices. Visit megaphone.fm/adchoices

49 min
Nov 14, 2025
The Economics of Podcasts

Adam and Cameron discuss the economics of podcasts, a multibillion-dollar industry. And on that topic—twice a year, Ones and Tooze conducts a listener support campaign. Please consider supporting the show by following the link below. https://www.paypal.com/donate/?hosted_button_id=ATHRTKECVXVE8 Learn more about your ad choices. Visit megaphone.fm/adchoices

42 min
Nov 7, 2025
Venezuela

U.S. President Donald Trump is contemplating military action against Venezuela. Adam and Cameron discuss. Also on the show: New York City elects a democratic socialist mayor.  Learn more about your ad choices. Visit megaphone.fm/adchoices

49 min
Oct 31, 2025Episode 215
China Trade and the Louvre Heist

Adam and Cameron discuss U.S. President Donald Trump’s recent visit with Chinese President Xi Jinping and how it could affect the ongoing trade war between the two countries. Also on the show: the Louvre jewel heist. Brought to you by: betterhelp.com/onestooze givewell.org monarch.com Learn more about your ad choices. Visit megaphone.fm/adchoices

40 min
Oct 24, 2025
Nobel Prize for Economics

Three people shared the Nobel Prize for economics this year—Joel Mokyr, Philippe Aghion, and Peter Howitt—for their work on how innovation and creative destruction drive economic growth. Adam and Cameron discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

32 min
Oct 17, 2025
The Frankfurt Book Fair

Adam is attending the Frankfurt Book Fair this week. He and Cameron discuss the history of the fair and the broader economics of the publishing industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

52 min
Oct 14, 2025
A Conversation with Michael Sandel

On a special bonus episode, Cameron sits down with American political philosopher Michael Sandel, the recipient of the 2025 Berggruen Prize for Philosophy & Culture. The two discuss Sandel's critiques of liberalism in the context of Trump's America. Learn more about your ad choices. Visit megaphone.fm/adchoices

32 min
Oct 10, 2025
The U.S. Government Shutdown

Government shutdowns are one of the peculiarities of the U.S. budgetary system. Once again, the two parties have failed to agree on the government’s discretionary spending. Adam and Cameron discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

24 min
Oct 7, 2025
Introducing The Catch

We're jumping in the feed midweek to share a new season of FP's global fisheries podcast, The Catch. This season is all about tuna. Climate change is pushing this lucrative fish out of the Pacific islands’ waters, and The Catch reporting team heads to the Solomon Islands to learn more. Listen to Season 6 on Apple, Spotify, or wherever you get your podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

49 min
Oct 3, 2025
The Trump Plan for Gaza

U.S. President Donald Trump’s Mideast peace plan includes steps for rebuilding Gaza. What would it take to unwind the devastation, and what would the plan mean for Palestinians? Adam and Cameron discuss. Also on the show: Part 3 of their conversation on the broad implications of artificial intelligence. Learn more about your ad choices. Visit megaphone.fm/adchoices

58 min
Sep 26, 2025
Trump and Latin America

President Donald Trump is reshaping U.S. policy toward Latin America. Adam and Cameron discuss the economic impact on Argentina, Venezuela, and Mexico. Also on the show: A second installment in the occasional series on artificial intelligence. Brought to you by: betterhelp.com/onestooze Learn more about your ad choices. Visit megaphone.fm/adchoices

49 min
Sep 24, 2025
Bonus: Adam Tooze on Foreign Policy Live

Adam joined FP's other weekly podcast Foreign Policy Live to discuss his piece “The End of Development” in FP’s latest print issue. Learn more about your ad choices. Visit megaphone.fm/adchoices

47 min
Sep 19, 2025
What AI Means for the Economy and for Politics

Adam and Cameron discuss the broad implications of artificial intelligence on the economy and on politics, in the first installment of an occasional series. Learn more about your ad choices. Visit megaphone.fm/adchoices

56 min
Sep 12, 2025
The State of Europe

Adam and Cameron discuss Europe's domestic politics, including the collapse of the French government, German Chancellor Friedrich Merz's "autumn of reforms," and the struggles of the United Kingdom's Labour Party government led by Keir Starmer. Learn more about your ad choices. Visit megaphone.fm/adchoices

1 hr
Sep 5, 2025
India and Tennis

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

53 min
Aug 29, 2025
The Future of the Federal Reserve

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

56 min
Aug 22, 2025
The Scale of China

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

39 min
Aug 19, 2025
Introducing Radio Davos

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/ <a href="https://www.linkedin.com/company/c

51 min
Aug 15, 2025
The Doomsday Seed Vault

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: ⁠⁠[email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

50 min
Aug 8, 2025
Tariffs and Gaza

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