The Crazy Economics of Book Publishing
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Plus: Will Argentina ever be able to stabilize its currency?
For the news data point this week, FP’s Cameron Abadi and Adam Tooze look at the proposed merger of Penguin Random House with Simon & Schuster as well as the tragic attack on acclaimed novelist Salman Rushdie. The two then discuss the overall state of the publishing industry and how digitization has impacted the business model for major publishing houses as well as their relationships with libraries.
In the second segment, the two discuss the astronomical inflation currently underway in Argentina. Tooze gives a historical look at the Argentine economy and details the decline that has lasted there for nearly a century. The two also talk about how uncertainty in the price of food has had a negative impact not only on GDP but mental health as well.
About Ones and Tooze: 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 FP's hit podcast, Tooze and FP deputy editor Cameron Abadi 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 here. See All Episodes
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More Ones and Tooze episodes:
Ask Adam Anything on Inflation
Adam and Cameron answer more of your listener questions.
Ask Adam Anything on China
Plus: We’re celebrating two years of Ones and Tooze.
The Economic Philosophy of George Soros
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To learn more about creating a podcast with FP Studios, contact Andrew Sollinger at andrew.sollinger@foreignpolicy.com.