"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.

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

Judge Reyes: Noem may say what she wants, but that doesn't make it true and it doesn't make her actions legal.

@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?

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...

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...

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...

Without America, "right now, you'd all be speaking German" Trump tells an audience in Switzerland.

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.”

Tuesday.

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.

"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...

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

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]

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.

Again, I’m going to keep banging the drum that the fact we are threatening the territorial sovereignty of our closest allies is not only a gross violation of our UN & NATO treaty obligations & poses a massive threat to national security & world order but also should immediately end this presidency.

The man is unhinged (and, of course, wrong), on so many levels. www.theatlantic.com/ideas/2026/0...

A ten (or 25) percent tariff seems a pretty cheap price for maintaining the norm of territorial integrity. (Also, this man continues to profess complete ignorance of how trade works). giftarticle.ft.com/giftarticle/... Trump to hit Europe with 10% tariffs if it opposes Greenland takeover

"The reported criminal inquiry into Federal Reserve Chair Jay Powell is an unprecedented attempt to use prosecutorial attacks to undermine [the Fed's] independence." It's a hell of a list of signatories jointstatement.substack.com/p/statement-...

Leaving aside the specific implications for debt restructuring, "national emergency" has become synonymous for "anything that the president views as interfering with what he wants." Not quite as the law intended.

I am begging Democratic leadership to recognize that funding and legitimizing your authoritarian opponent’s secret police is a bad idea. This should not be a difficult concept.​​​​​​​​​​​​​​​​

Here's a vicious attempt to destroy the rules-based international order since US funding is crucial to many of these institutions. The US wants to go it alone not realizing how much these international organizations do for us. Insanity amplified by arrogance. www.whitehouse.gov/presidential...

When facts (in this case, of oil production and shipping) have no meaning....

Six months ago @profmichaelross.bsky.social and I wrote in Foreign Affairs that the US is increasingly behaving like a petrostate. Seems relevant today

How can this be real life? Determining the fate of a foreign country’s government because you didn’t get a prize? The foreign policy of a personalist dictatorship.

Indeed, it can always get worse.

Some thoughts on what Trump has done in Venezuela and what it might mean for US national security. Caveat: not a Latin America scholar so this is focused on US policy. Clearly huge consequences for Venezuela that others can address. First, despite the buildup, I didn't think Trump would do it. 1/

"By proceeding without any semblance of international legitimacy, valid legal authority or domestic endorsement, Mr. Trump risks providing justification for authoritarians in China, Russia and elsewhere who want to dominate their own neighbors." NYT Editorial Board www.nytimes.com/2026/01/03/o...

A sad decision from an institution I once loved; the politics of UNC have evolved in all the wrong ways. Also, "sunset" is such doublespeak. An actual sunset is often beautiful, and it's always followed soon after by a sunrise. Here, it's just an elimination. www.dailytarheel.com/article/univ...

Based on their recent @iojournal.bsky.social article Tobias Pforr, @fabianpape.bsky.social & @johannespetry.bsky.social, wrote a short piece for @theconversation.con about the future of the dollar - https://cup.org/48E2cW9

The G-20 has done important work on sovereign debt, access to finance and debt crisis resolution. I visited their website to read materials from their recent summit. All the links to previous work of the G-20 are gone -- they point only here. Sad for global governance and embarassing for the US.

@laynamosley.bsky.social (@princetonpolitics.bsky.social) joins other top economists and policy experts in this @fortune.com article from Nick Lichtenberg outlining why the federal government should begin addressing the nation’s $38 trillion debt. Read the piece: fortune.com/2025/11/13/3...

Check out the @iojournal.bsky.social special issue on the future of world order and global governance! #IOFoGG

International Organization will be on winter break from 22 December, 2025 through 9 January, 2026. Manuscripts submitted after 21 December, 2025 will be processed beginning on 10 January, 2026. Thanks!

It was a pleasure to talk about the politics of sovereign debt on Paola Subacchi's Debt Talks podcast. podcast.ausha.co/debttalks/de...

Scotland is issuing kilts. Happy Friday! on.ft.com/4i1kC7M Scotland to pay borrowing premium in £1.5bn bond market push

Paging David Byrne.

Domestic politics of debt crises/restructuring: -Blame predecessors for high debt burden (hidden debt revelations make this effective). -Avoid IMF program & conditions. -Hold out for an improvement in debt servicing capacity, perhaps through resource revenues or taxation. on.ft.com/3JERoii

42 million people will lose their SNAP benefits on 1 November.

But we were assured that the foreigners would pay for the tariffs.

I must finish making dinner.

Manels are so last century. (Then again....)

Let's see what China uses this week.... www.newsweek.com/china-uses-r...

The text of the 1987 Reagan speech on tariffs: www.reaganlibrary.gov/archives/spe... He'd just imposed some retaliatory tariffs against Japan, over semiconductors, so there's a definite "fair but free" angle here. But also a claim that tariffs are of limited use as a foreign policy tool [1/3]

Ed Luce watching democracy die in the United States of America

Read every single word of this from @edwardluce.bsky.social. Should be a gift link. on.ft.com/4qnOCyk The Trump Supremacy