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Layna Mosley

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Layna Mosley is an American political scientist. She is a professor of political science in the Department of Politics at… more

H-index: 28
Economics 60%
Business 20%
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by Layna Mosley — Reposted by: Bessma Momani

laynamosley.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
TINA, again.
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by Layna Mosley

laynamosley.bsky.social
Staying in as long as others do, is my guess.
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by Layna Mosley

laynamosley.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
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: Layna Mosley, Joanna Bryson, Lisa W. Fazio , and 34 more

asociologist.bsky.social
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
95 280 580

Reposted by: Layna Mosley, Stephen M. Walt, Anna O. Law , and 33 more

stevenmazie.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
"“Defense is too defensive,” Trump said.

Can't really argue with that, IR scholars!
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by Layna Mosley

laynamosley.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
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
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
26 200 680

by Layna Mosley

laynamosley.bsky.social
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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by Layna Mosley — Reposted by: John Hogan, Gerardo Martí

laynamosley.bsky.social
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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by Layna Mosley — Reposted by: John Hogan

laynamosley.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
If only the Senate cared about Fed officials having any grasp on reality…

www.nytimes.com/2025/08/07/u...
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by Layna Mosley

laynamosley.bsky.social
Next: president attempts to fire the head of the S&P for not providing better numbers.
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by Justin Wolfers — Reposted by: Layna Mosley, Elizabeth Saunders, Mark A. Lemley , and 15 more

justinwolfers.bsky.social
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.
290 3.3K 10K

by Layna Mosley

laynamosley.bsky.social
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

by Layna Mosley

laynamosley.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
(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)

by Layna Mosley

laynamosley.bsky.social
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: Layna Mosley, Anna O. Law, Ben H. Ansell , and 8 more

kairyssdal.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
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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by Layna Mosley

laynamosley.bsky.social
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
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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by Layna Mosley

laynamosley.bsky.social
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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