Layna Mosley
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laynamosley.bsky.social
Layna Mosley
@laynamosley.bsky.social

Political economy of finance; supply chains & worker rights; Princeton Sovereign Finance Lab. @princetonpolitics.bsky.social
Co-editor of International Organization. Recovering trail runner, very amateur rower. https://laynamosley.scholar.princeton.edu/ .. more

Layna Mosley is an American political scientist. She is a professor of political science in the Department of Politics at Princeton University and the Princeton School of Public and International Affairs. She studies international relations, particularly the relationship between domestic politics and the global economy. .. more

Economics 60%
Business 20%

"Consulting historian" is a great line for one's annual faculty activities report. @jmelendezbadillo.bsky.social
Commenting on energy injustice is now the floor for any halftime act.

Reposted by Layna Mosley

A story about competing footballers: Cleated Rivalry
Patients comparing Dr care: Treated Rivalry
Two whiskey companies vie for the top prize: Peated Rivalry
A documentary about competitive Musical Chairs: Seated Rivalry
Winter sweater crochet club: Heated Ravelry

(end-of-day energy over here)

Two fast fashion retailers battling to capture the market for trendy trousers.

Pleated Rivalry
The two best chairs salesmen in the county secretly pine for each other.

Seated Rivalry.

Reposted by Layna Mosley

The two best chairs salesmen in the county secretly pine for each other.

Seated Rivalry.

Judge Reyes: Noem may say what she wants, but that doesn't make it true and it doesn't make her actions legal.
Another big win for the rule of law! Federal judge just blocked the end of TPS for Haiti, which was supposed to go into effect tomorrow.

Violence and unrest remains prevalent in Haiti and this decision keeps more than 350k people safe while the case makes its way through the courts.
Another big win for the rule of law! Federal judge just blocked the end of TPS for Haiti, which was supposed to go into effect tomorrow.

Violence and unrest remains prevalent in Haiti and this decision keeps more than 350k people safe while the case makes its way through the courts.

@jeremywallace.bsky.social notes the distributional consequences of changes in natural gas vs solar usage in Pakistan.

Importing solar panels requires hard currency...but once installed, should free up hard currency (gas imports ⬇️), perhaps easing (foreign currency) debt servicing burdens?
Pakistanis installed solar panels to free themselves from the grid. They imported so many Chinese solar panels the grid as a whole began to fall into a death spiral. Customers opting out, leaving the grid to charge ever higher prices, which led even more people to flee...

archive.md/xUGxp#select...

Reposted by Layna Mosley

In the @nytimesoped.bsky.social , Stacie Goddard & @abenewman.bsky.social discuss neoroyalism as a way of making sense of Trump's foreign policy.

For a 4000-word discussion of their theory, see this open access #IOFoGG special issue essay:

www.cambridge.org/core/journal...
Further Back to the Future: Neo-Royalism, the Trump Administration, and the Emerging International System | International Organization | Cambridge Core
Further Back to the Future: Neo-Royalism, the Trump Administration, and the Emerging International System - Volume 79 Issue S1
www.cambridge.org
What are the implications of the Trump presidency for climate politics? Listen to the @goodauth.bsky.social podcast with @fgenovese.bsky.social & @jeffcolgan.bsky.social, and read their #IOFoGG short essay!

www.cambridge.org/core/journal...

Reposted by Layna Mosley

I, too, have been reluctant to use "fascism" to describe what we are seeing, but Jonathan Rauch does an excellent job of putting all of the pieces together. Fascism it is. www.theatlantic.com/ideas/2026/0...
Yes, It’s Fascism
Until recently, I thought it a term best avoided. But now, the resemblances are too many and too strong to deny.
www.theatlantic.com

Reposted by Layna Mosley

Pakistanis installed solar panels to free themselves from the grid. They imported so many Chinese solar panels the grid as a whole began to fall into a death spiral. Customers opting out, leaving the grid to charge ever higher prices, which led even more people to flee...

archive.md/xUGxp#select...

Ice. All about ICE.

“We want a piece of ice for world protection, and they won’t give it. We’ve never asked for anything else, and we could have kept that piece of land and we didn’t. So they have a choice. You can say yes and we will be very appreciative, or you can say no and we will remember.”
Without America, "right now, you'd all be speaking German" Trump tells an audience in Switzerland.

Reposted by Elizabeth Saunders

Tuesday.
What a week, huh?
EXCLUSIVE: Germany has joined France in saying it will ask the European Commission to explore unleashing the EU's so-called trade "bazooka" in response to Trump's threat to seize Greenland, according to five diplomats with knowledge of the situation.

🔗 www.politico.eu/article/eu-b...
What a week, huh?
EXCLUSIVE: Germany has joined France in saying it will ask the European Commission to explore unleashing the EU's so-called trade "bazooka" in response to Trump's threat to seize Greenland, according to five diplomats with knowledge of the situation.

🔗 www.politico.eu/article/eu-b...
We ran a progressive slate for the Akademikerpension board elections 10 years ago (and won), because we wanted fossil fuel divestment. I don’t think we ever imagined we might one day help trigger a margin call on U.S. Treasuries.
Well well well. The Danes are weaponising firesales.

"Though a drop in the ocean in the context of the US Treasury market, the planned divestment by AkademikerPension marks an important symbolic step in the current political context as institutional investors rethink what constitutes a safe haven."

www.bloomberg.com/news/article...
Danish Pension Fund AkademikerPension to Exit US Treasuries
The Danish pension fund AkademikerPension is planning to exit US Treasuries by the end of the month, amid concerns that the policies of President Donald Trump have created credit risks too big to igno...
www.bloomberg.com

Remember the days when we used to explain the idea of anarchy to intro to IR students by contrasting domestic systems of (democratic) governance with international ones? Sigh.

Reposted by Layna Mosley

In our latest policy brief, Yingxin Angela Chen explores dispute settlement provisions in RMB-denominated sovereign bonds.

Shifts in the currency of issuance haven't been accompanied by shifts in the underlying legal framework for sovereign bonds.

psfl.princeton.edu/document/641
psfl.princeton.edu

What are the odds that the Peace Board will be giving out a Prize annually?

But, given the volume & maturity structure of US debt, these won't have a noticeable effect on overall debt servicing costs for a long time.

The US's long-standing exorbitant privilege also allows it to avoid bond market penalties typically associated with deterioration in the rule of law [2/2]

Reposted by Benjamin Braun

This @benbraun.bsky.social pulls together lots of recent data on who holds US government debt. (Short answer: mostly Americans).

If investors dramatically raise the rates they charge to the US, the financial press might take notice. [1/2]

"National emergency" = "we want to do something, so it's an emergency" (see also Jan 9 executive order to "safeguard Venezuelan oil revenues," because otherwise, Venezuela's creditors might have a legal claim to those).

I’ve been arguing, or maybe hoping, for years that bond investors would care about rule of law in the US the way they care about it in other places. But global reserve currency, domestic currency debt and all that….

Or maybe a Nobel peace prize.

The (European) bondholders (still) aren't going to save us.

@robinwigglesworth.ft.com pointing out that, among other things, most European-owned US assets are owned by private entities, not by governments (and, Europeans are a relatively small holder of US govt bonds anyway).

to be fair, the prize was endowed by a man who was very good at blowing things up.
this is real, from the bbc news website www.bbc.co.uk/news/live/cx...
this is real, from the bbc news website www.bbc.co.uk/news/live/cx...