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Why This Isn’t an Economic Crisis

Adam Tooze points out that while the economy is in rapid slowdown, this is no time to panic.

By , the editor in chief of Foreign Policy.
Adam Tooze, a British historian and Columbia University professor, attends the annual Edinburgh International Book Festival at Charlotte Square Garden in Edinburgh, Scotland, on Aug. 25, 2018.
Adam Tooze, a British historian and Columbia University professor, attends the annual Edinburgh International Book Festival at Charlotte Square Garden in Edinburgh, Scotland, on Aug. 25, 2018.
Adam Tooze, a British historian and Columbia University professor, attends the annual Edinburgh International Book Festival at Charlotte Square Garden in Edinburgh, Scotland, on Aug. 25, 2018. Roberto Ricciuti/Getty Images

We’re dubbing Foreign Policy’s summer 2022 magazine the “Back to the Future” issue because key aspects of global affairs seem like echoes from the past: fears about nuclear war, great-power politics, a new arms race, the return of nonalignment, a food shortage, and so much else.

Ravi Agrawal is the editor in chief of Foreign Policy. Twitter: @RaviReports

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