Mark Copelovitch
@mcopelov.bsky.social
Professor of Political Science & Public Affairs & Director of European Studies, University of Wisconsin - Madison. International political economy, international relations, & international finance. 🇺🇸 & 🇪🇺 politics & economic policy. Tradeoffs in everything.
December 7, 2025 at 6:21 AM
Can confirm 🇨🇦🇺🇸
December 7, 2025 at 1:56 AM
Can confirm 🇨🇦🇺🇸
So currencies. Much medium of exchange. Very store of value.
December 6, 2025 at 10:37 PM
So currencies. Much medium of exchange. Very store of value.
We need to stop absolutely ^@#*ing the bed against bad teams, or we're going down #EisernUnion
December 6, 2025 at 4:39 PM
We need to stop absolutely ^@#*ing the bed against bad teams, or we're going down #EisernUnion
Signs, signs, everywhere a sign.
Five years & thousands of signs later, the Republican Party's collapse into far right authoritarianism has accelerated & only gotten worse, & our media & political system has continued to show itself totally unfit for purpose to deal with this problem.
Five years & thousands of signs later, the Republican Party's collapse into far right authoritarianism has accelerated & only gotten worse, & our media & political system has continued to show itself totally unfit for purpose to deal with this problem.
December 6, 2025 at 3:56 PM
Signs, signs, everywhere a sign.
Five years & thousands of signs later, the Republican Party's collapse into far right authoritarianism has accelerated & only gotten worse, & our media & political system has continued to show itself totally unfit for purpose to deal with this problem.
Five years & thousands of signs later, the Republican Party's collapse into far right authoritarianism has accelerated & only gotten worse, & our media & political system has continued to show itself totally unfit for purpose to deal with this problem.
How it started / How it's going
December 5, 2025 at 5:52 PM
How it started / How it's going
Olly-Wolly PolliWoggy Ump-Bump Fizz!
December 5, 2025 at 5:48 PM
Olly-Wolly PolliWoggy Ump-Bump Fizz!
The ROI since 2022 is even worse. It is possible to both love Bryce & the Phillies & think that paying to get Will Smith or Adley Rutschman is not a good ROI. It's obviously not all Bryce's fault & MLB playoffs are small-sample lotteries so 0 WS wins is almost random, & yet... 🧐 😬🤷♂️
December 5, 2025 at 5:04 PM
The ROI since 2022 is even worse. It is possible to both love Bryce & the Phillies & think that paying to get Will Smith or Adley Rutschman is not a good ROI. It's obviously not all Bryce's fault & MLB playoffs are small-sample lotteries so 0 WS wins is almost random, & yet... 🧐 😬🤷♂️
Again, I love Bryce & he's done great things for the Phillies. But the largest contract ever in MLB history at the time should have yielded something like Ohtani returns, & instead it's yielded Altuve returns since 2019 & Will Smith returns since 2022. It's obviously not entirely his fault, but 🤷♂️
December 5, 2025 at 5:01 PM
Again, I love Bryce & he's done great things for the Phillies. But the largest contract ever in MLB history at the time should have yielded something like Ohtani returns, & instead it's yielded Altuve returns since 2019 & Will Smith returns since 2022. It's obviously not entirely his fault, but 🤷♂️
Look I love Harper as a player. But it's possible to both like him & believe the contract is bad.
The ROI has been meh (WAR since 2019...17th for the most expensive contract ever at that point), & the opportunity cost very high, as we saw again this year with yawning holes in the lineup elsewhere.
The ROI has been meh (WAR since 2019...17th for the most expensive contract ever at that point), & the opportunity cost very high, as we saw again this year with yawning holes in the lineup elsewhere.
December 5, 2025 at 3:24 PM
Look I love Harper as a player. But it's possible to both like him & believe the contract is bad.
The ROI has been meh (WAR since 2019...17th for the most expensive contract ever at that point), & the opportunity cost very high, as we saw again this year with yawning holes in the lineup elsewhere.
The ROI has been meh (WAR since 2019...17th for the most expensive contract ever at that point), & the opportunity cost very high, as we saw again this year with yawning holes in the lineup elsewhere.
We could start just by bringing back shame.
You called for the US military to be set loose on 🇺🇸 citizens.
You called for our NATO allies to sell us their land.
You held up a public servant's nomination so long she died of cancer before taking office.
You're no longer welcome in polite society.
You called for the US military to be set loose on 🇺🇸 citizens.
You called for our NATO allies to sell us their land.
You held up a public servant's nomination so long she died of cancer before taking office.
You're no longer welcome in polite society.
December 5, 2025 at 5:22 AM
We could start just by bringing back shame.
You called for the US military to be set loose on 🇺🇸 citizens.
You called for our NATO allies to sell us their land.
You held up a public servant's nomination so long she died of cancer before taking office.
You're no longer welcome in polite society.
You called for the US military to be set loose on 🇺🇸 citizens.
You called for our NATO allies to sell us their land.
You held up a public servant's nomination so long she died of cancer before taking office.
You're no longer welcome in polite society.
The Sixers uncharacteristically snatching victory from the jaws of defeat from the jaws of victory
December 5, 2025 at 2:35 AM
The Sixers uncharacteristically snatching victory from the jaws of defeat from the jaws of victory
"The only permanent rule in Calvinball is that you can't play it the same way twice!"
December 4, 2025 at 11:12 PM
"The only permanent rule in Calvinball is that you can't play it the same way twice!"
Periodic check-in on UST yields, the exchange rate, etc.
Again, maybe This Time Is Different and dollar/US financial dominance is All Over. But the available data so far continue to not support that argument.
Even the exchange rate level barely suggests anything at all but noise since a year ago.
Again, maybe This Time Is Different and dollar/US financial dominance is All Over. But the available data so far continue to not support that argument.
Even the exchange rate level barely suggests anything at all but noise since a year ago.
December 4, 2025 at 9:05 PM
Periodic check-in on UST yields, the exchange rate, etc.
Again, maybe This Time Is Different and dollar/US financial dominance is All Over. But the available data so far continue to not support that argument.
Even the exchange rate level barely suggests anything at all but noise since a year ago.
Again, maybe This Time Is Different and dollar/US financial dominance is All Over. But the available data so far continue to not support that argument.
Even the exchange rate level barely suggests anything at all but noise since a year ago.
Like Larry Summers on economic policy & inflation under Biden, Ezra Douthglesias was not correct about the 2024 election or politics in 2025 despite being lauded constantly in the National Conversation™️ as a sage Oracle of The Truth.
bsky.app/profile/mcop...
bsky.app/profile/mcop...
December 4, 2025 at 8:29 PM
Like Larry Summers on economic policy & inflation under Biden, Ezra Douthglesias was not correct about the 2024 election or politics in 2025 despite being lauded constantly in the National Conversation™️ as a sage Oracle of The Truth.
bsky.app/profile/mcop...
bsky.app/profile/mcop...
Again, any system in which these discrepancies exist simply is not a democracy.
"Democracy is a system in which parties lose elections"
We can't continue like this, where the rules, norms, media coverage, etc. are entirely different for one party than the other.
"Democracy is a system in which parties lose elections"
We can't continue like this, where the rules, norms, media coverage, etc. are entirely different for one party than the other.
December 4, 2025 at 7:51 PM
Again, any system in which these discrepancies exist simply is not a democracy.
"Democracy is a system in which parties lose elections"
We can't continue like this, where the rules, norms, media coverage, etc. are entirely different for one party than the other.
"Democracy is a system in which parties lose elections"
We can't continue like this, where the rules, norms, media coverage, etc. are entirely different for one party than the other.
What are you doing in my office? 😂
December 4, 2025 at 7:49 PM
What are you doing in my office? 😂
Still incredible that we did less than nothing & allowed the 1923 Beer Hall Putsch perpetrators to escape all consequences & seize political control of the government in three years instead of ten. A total failure of every societal & political institution & elected official in 🇺🇸. A national shanda.
December 4, 2025 at 6:22 PM
Still incredible that we did less than nothing & allowed the 1923 Beer Hall Putsch perpetrators to escape all consequences & seize political control of the government in three years instead of ten. A total failure of every societal & political institution & elected official in 🇺🇸. A national shanda.
Yet another advantage of parliamentary systems. You don't need extraordinary ex post measures like impeachment to get ride of cabinet ministers. Just threats of no confidence votes in the entire government to get resignations. Happens all the time in real democracies.
December 4, 2025 at 6:16 PM
Yet another advantage of parliamentary systems. You don't need extraordinary ex post measures like impeachment to get ride of cabinet ministers. Just threats of no confidence votes in the entire government to get resignations. Happens all the time in real democracies.
👇🧵 👍
Again, though, as everyone the economy is terrible & they are planning to tighten belts, the revealed preferences of behavior are at odds with what folks are saying in surveys.
The 🇺🇸 consumer/voter remains angry as hell & is spending/traveling like mad:
bsky.app/profile/mcop...
Again, though, as everyone
The 🇺🇸 consumer/voter remains angry as hell & is spending/traveling like mad:
bsky.app/profile/mcop...
December 4, 2025 at 5:34 PM
👇🧵 👍
Again, though, as everyone the economy is terrible & they are planning to tighten belts, the revealed preferences of behavior are at odds with what folks are saying in surveys.
The 🇺🇸 consumer/voter remains angry as hell & is spending/traveling like mad:
bsky.app/profile/mcop...
Again, though, as everyone
The 🇺🇸 consumer/voter remains angry as hell & is spending/traveling like mad:
bsky.app/profile/mcop...
Among the things I never thought I’d live to see was Republican nostalgia for…Jimmy Carter’s 1970s America. Verily, we live in truly unprecedented times.
December 4, 2025 at 2:23 PM
Among the things I never thought I’d live to see was Republican nostalgia for…Jimmy Carter’s 1970s America. Verily, we live in truly unprecedented times.
Today in “Marginal income & wealth taxes are too low & this poses an existential threat to the Republic”
December 4, 2025 at 3:31 AM
Today in “Marginal income & wealth taxes are too low & this poses an existential threat to the Republic”