Tooze: Janet Yellen and Mario Draghi Have One Last Job
The U.S. treasury secretary and the Italian prime minister have spent decades shaping this economy. But can they control what comes next?
BY ADAM TOOZE
Foreign Policy, APRIL 1, 2021, 12:58 PM
At the start of 2021, two of the most contentious capitalist democracies in the world, Italy and the United States, turned to familiar experts to chart a way out of novel political situations. If there is such a thing as a technocrat, Janet Yellen, the new U.S. treasury secretary, and Mario Draghi, Italy’s new prime minister, are it.