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laynamosley.bsky.social
Layna Mosley
@laynamosley.bsky.social
3.9K followers 340 following 140 posts

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

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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%
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Reposted by Bessma Momani

laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · 2d
Applications for the Niehaus Center for Globalization and Governance's postdoctoral fellowship program for 2026-2027 are due Monday, October 13.

Details here: www.princeton.edu/acad-positio...
Application for Niehaus Center for Globalization and Governance - Postdoctoral Research Associate
www.princeton.edu
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · 13d
TINA, again.
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · 13d
Staying in as long as others do, is my guess.
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · 13d
Maybe it's less impressive to issue debt at just over US rates, given that the US has become (or should become?) a riskier place?

on.ft.com/3VCzxuE
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · 14d
Foreign (kitchen) cabinets are a threat to US national security. Of course they are.

www.nytimes.com/2025/09/25/b...
Trump Will Slap Tariffs on Imported Drugs, Trucks and Household Furnishings
www.nytimes.com
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Reposted by Joanna Bryson, Lisa W. Fazio, Jason Mittell , and 34 more

asociologist.bsky.social
Dan Hirschman @asociologist.bsky.social · Sep 9
Texas A&M’s President just removed a dean and department head from their positions after they supported a professor whose lesson on gender was challenged by a student. www.kbtx.com/2025/09/09/a...
A&M Dean removed following student complaints over curriculum
The Department of Justice has also acknowledged the situation and said it would be investigating.
www.kbtx.com
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Reposted by Stephen M. Walt, Anna O. Law, Lisa W. Fazio , and 33 more

stevenmazie.bsky.social
Steven Mazie @stevenmazie.bsky.social · Sep 8
SCOTUS: considering race as one factor in a college applicant's file is blatantly unconstitutional

ALSO SCOTUS: considering race as one factor in targeting whom to detain and deport is cool cool cool
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Sep 5
"“Defense is too defensive,” Trump said.

Can't really argue with that, IR scholars!
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Sep 4
And then there are the long term consequences of the tariffs not only for the US economy, but also for global (or at least, US-led) economic governance. Sigh.
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Sep 4
The reported CBO projection of $4 trillion in tariff revenue over 10 years seems to assume that tariffs won't work very well in terms of bringing production back to the US, or reducing consumer demand for imports. www.cbo.gov/publication/... [2/n]
An Update About CBO's Projections of the Budgetary Effects of Tariffs
As tariffs changed frequently throughout 2025, CBO has regularly updated the Congress about projected tariff revenues; this blog post is the latest in that series.
www.cbo.gov
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Sep 4
I suppose it's good that these investors are describing tariffs as a tax (or, at least, a source of revenue), but do they really expect that the revenue will do much to reduce US borrowing requirements and overall debt? [1/n]

on.ft.com/4p6YpIk
Bond investors count on Trump tariff revenues to rein in US debt
President’s levies now seen as a way to offset tax cuts and keep a lid on government borrowing
on.ft.com
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Sep 1
Yes, Keynes' newspaper beauty contest (and the incentives to remain invested and earn returns, right until everyone else also decides to sell).
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Sep 1
The bond market vigilantes aren't going to save us, version 342.

"Eighty-two per cent of the participants in the FT poll are convinced that financial markets have so far priced in the White House’s interventions on the Fed only partially or marginally..."

on.ft.com/464lZwU
Financial Times
News, analysis and opinion from the Financial Times on the latest in markets, economics and politics
FT.com
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Reposted by Layna Mosley

normeisen.bsky.social
Norm Eisen @normeisen.bsky.social · Aug 31
Go ahead, make my day Mr. Trump

We @democracydefendersfund.org immediately sued you & got an injunction on your 1st voting EO

We will do the same here if you try it again

The Constitution gives this authority to the states & Congress, not you!

www.nytimes.com/2025/08/31/u...
Trump Says He Will Sign Executive Order Mandating Voter I.D.
www.nytimes.com
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 30
And with a bit of karaoke at the end.

(But fed governors not being accustomed to needing to take public stances, yes…)
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Reposted by John Hogan, Gerardo Martí

laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 26
The bond market vigilantes are (yet again) not going to save US democracy. @robinwigglesworth.ft.com

www.ft.com/content/b7d4...
Pray for the US Treasury market
Thank you for your attention to this matter
www.ft.com
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Reposted by John Hogan

laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 26
Institutional investors describing this as exemplifying "fiscal dominance risk" seems less accurate than "another example of an authoritarian act to undermine institutions, plus racism and misogyny."

Sure, governments care more about borrowing costs as debt increases, but...

on.ft.com/4fUW4fC
US long-term debt sells off after Trump’s attempted firing of Fed governor
Gap between long-term and short-term borrowing costs is close to its widest for three years
on.ft.com
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 8
If only the Senate cared about Fed officials having any grasp on reality…

www.nytimes.com/2025/08/07/u...
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 1
Next: president attempts to fire the head of the S&P for not providing better numbers.
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Reposted by Elizabeth Saunders, Mark A. Lemley, Brady T. West , and 15 more

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · Aug 1
Firing the BLS Commissioner — the wonk in charge of the statisticians who track economic reality — is an authoritarian four alarm fire.

It will also backfire: You can't bend economic reality, but you can break the trust of markets. And biased data yields worse policy.
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 1
I'll take "narcissists projecting" for $200, please.

“She will be replaced with someone much more competent and qualified. Important numbers like this must be fair and accurate, they can’t be manipulated for political purposes,” Trump said.

on.ft.com/44XPXTT
Financial Times
News, analysis and opinion from the Financial Times on the latest in markets, economics and politics
FT.com

laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 1
Here's another one from Miran, from today:

7. "Both of those sources of uncertainty are resolved," Miran said. "We expect things to get materially stronger from here, now that our policies are starting to sort into place."

[bad job numbers? wait until next month! abcnews.go.com/Business/hir...
Weak jobs report 'not what we want to see,' White House says
The jobs report comes days after the Fed opted to hold interest rates steady.
abcnews.go.com
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 1
(BLS already had slowed collection of data related to prices; and now Trump threatens to fire its Commissioner because he doesn't like the jobs data)

laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 1
Autocrats don't want citizens to have accurate information about the state of the economy, as such shared information makes it easier to coordinate political behavior.

It also makes more obvious the negative consequences of Trump's trade policies.

www.nytimes.com/2025/07/30/b...
Cuts to Data Collection May Erode Reliability of Economic Statistics
www.nytimes.com
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Reposted by Anna O. Law, Ben H. Ansell, Richard S.J. Tol , and 8 more

kairyssdal.bsky.social
Kai Ryssdal @kairyssdal.bsky.social · Aug 1
Okay, *now you can start to worry about data being manipulated.
kairyssdal.bsky.social
Kai Ryssdal @kairyssdal.bsky.social · Aug 1
Corrupt. Dangerous. Deeply deeply damaging.
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 1
6. Foreigners are paying these tariffs [this involved some convoluted twisting of public finance theory]

He must've known the audience wasn't buying it, but that didn't stop him. Hard to know if it was arrogance, blind faith or both-- but there seems to be no bottom for US trade policy.

[3/3]
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 1
2. The US trade deficit is a national emergency.

3. Most US trade has been non-reciprocal in nature.

4. The president is focused on making the US the best place in the world for doing business.

5. Tariffs are going to close fiscal gaps in US budget.

[2/n]
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Aug 1
In April, I saw Stephen Miran (chair, Council of Economic Advisers) speak at conference in DC.

To an audience of mostly economists, policymakers and investors, he said:

1.Trump is one of the best negotiators the world has seen; and the most transparent & accessible president in history.

[1/n]
npr.org
NPR @npr.org · Aug 1
JUST IN: Stocks slumped after Trump announced tariffs on a wide range of countries. A weaker-than-expected jobs report magnified the concerns about how these import taxes would impact the economy.
Stock markets drop as Trump unleashes new round of global tariffs
Stocks slumped after Trump announced tariffs on a wide range of countries. A weaker-than-expected jobs report magnified the concerns about how these import taxes would impact the economy.
n.pr
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Reposted by Layna Mosley

npr.org
NPR @npr.org · Aug 1
JUST IN: Stocks slumped after Trump announced tariffs on a wide range of countries. A weaker-than-expected jobs report magnified the concerns about how these import taxes would impact the economy.
Stock markets drop as Trump unleashes new round of global tariffs
Stocks slumped after Trump announced tariffs on a wide range of countries. A weaker-than-expected jobs report magnified the concerns about how these import taxes would impact the economy.
n.pr
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laynamosley.bsky.social
Layna Mosley @laynamosley.bsky.social · Jul 30
IMF:

(1) US trade policy bad, but not as bad as it could be.

(2) Trade war and threats to Fed independence are bad for US borrowing costs and bad for the dollar's value...but good for governments and firms that need to service dollar-denominated debt.

www.ft.com/content/a92e...
IMF upgrades global growth forecast as weaker dollar aids world economy
Fund says fall of US currency has helped lessen effect of Donald Trump’s tariffs
www.ft.com
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