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Kate McNamara

@katemcnamara

Money, markets, politics & culture; industrial policy; EU stuff. Prof at Georgetown University. Writings @kathleenrmcnamara.wordpress.com

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23.09.2023
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Latest posts by Kate McNamara @katemcnamara

Sigh, of course you are right. Definitive only to this moment!

07.03.2026 08:38 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Definitive summary from @profsaunders.bsky.social of the infuriating and tragic destruction of America’s global role & powers by the Trump Admin, and its impact on the world in this terribly fraught time. πŸ‘‡

06.03.2026 21:38 πŸ‘ 15 πŸ” 7 πŸ’¬ 1 πŸ“Œ 0
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A market for war? the reinforcing logics of Europe’s security turn1 The global political order is in a moment of historical change after decades of relative geopolitical stability. I argue that a combination of the second Trump Administration’s pivot away from the ...

The link to my 2026 article (Open Access) on how the EU is developing as a security actor, below. www.tandfonline.com/doi/full/10....

05.03.2026 11:13 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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A market for war? the reinforcing logics of Europe’s security turn

The global political order is in a moment of profound change--how might it be reshaping the EU? Looking forward to discussing my recent JEI article (link in comments below) on the EU's security turn at the LSE on Tuesday, March 10 at 12:15. RSVP (in person or Zoom): www.lse.ac.uk/european-ins... 1/

05.03.2026 11:13 πŸ‘ 4 πŸ” 1 πŸ’¬ 1 πŸ“Œ 0

After months of wrangling and an epic list of delays, the Commission has finally released its Industrial Accelerator Act.

This could turn into one of the EU’s most consequential industrial policy files in years - and the proposal is honestly not a bad place to start.

Some quick thoughts:

04.03.2026 13:42 πŸ‘ 131 πŸ” 57 πŸ’¬ 4 πŸ“Œ 7
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EU scrambles to defend Spain from Trump’s embargo menace President Donald Trump’s threat to cut all ties with Spain after it opposed his war on Iran again puts the bloc’s unity to the test.

🚨🚨Symbolically important that EU countries and EU institutions shore up support for #spain in the context of fear of trade retaliation from the #Trump regime. This should be self-evident but unity of EU here is under pressure. 🧡
www.politico.eu/article/eu-s...

05.03.2026 07:19 πŸ‘ 242 πŸ” 100 πŸ’¬ 7 πŸ“Œ 8

*colleagues* :)

03.03.2026 15:31 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

To all those colleague who told me repeatedly over the past year that Europe would never, ever move towards any sort of stand-alone military alliance or nuclear capacity--a reminder that we all need to unleash our political imaginations to even begin to grasp the world we live in today.

03.03.2026 14:09 πŸ‘ 103 πŸ” 28 πŸ’¬ 3 πŸ“Œ 1
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Opinion | America Has an Edge Over China. Why Won’t We Use It? American manufacturing prowess won’t be restored without bringing new technologies to the factory floor.

China automates while America hesitates. I have a piece in the NYT today arguing that America's strategy to compete with China in manufacturing is fundamentally misconceived β€” and that we're heading toward a reckoning we're not prepared for. 1/

www.nytimes.com/2026/02/24/o...

24.02.2026 18:47 πŸ‘ 52 πŸ” 19 πŸ’¬ 2 πŸ“Œ 8

A few more thoughts. USFP/natsec usually works from bottom up, even for prez-directed policies. Bureaucrats, mid-levels, political appointees work the problem, then top people bless it. Diplomacy (JCPOA) works like this. Military planning can move faster w/ prior plans, but similar. 1/

28.02.2026 14:11 πŸ‘ 212 πŸ” 72 πŸ’¬ 3 πŸ“Œ 15
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Trump might start a war with Iran. Can anyone stop him? Trump might start a war with Iran. Can anyone stop him? Congress, public opinion, and administration insiders aren’t reliable constraints on Trump’s foreign policy decisions.

Quick reactions after learning that no, nobody could stop him. 1/ goodauthority.org/news/trump-m... 1/

28.02.2026 11:54 πŸ‘ 643 πŸ” 240 πŸ’¬ 16 πŸ“Œ 48

Time to follow the amazing @proftalmadge.bsky.social for thoughtful, well-informed analysis of global security & nuclear issues, especially when bombs start to fall. πŸ‘‡

28.02.2026 11:49 πŸ‘ 8 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0

The MadLib War

We might attack Iran because _________.

24.02.2026 14:04 πŸ‘ 72 πŸ” 13 πŸ’¬ 12 πŸ“Œ 0
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Trump might start a war with Iran. Can anyone stop him? Trump might start a war with Iran. Can anyone stop him? Congress, public opinion, and administration insiders aren’t reliable constraints on Trump’s foreign policy decisions.

My new piece on @goodauth.bsky.social: Can anyone stop Trump from going to war with Iran?

Spoiler alert: almost certainly no.

goodauthority.org/news/trump-m...

23.02.2026 15:02 πŸ‘ 64 πŸ” 30 πŸ’¬ 6 πŸ“Œ 10
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The Currency of Ideas by Kathleen R. McNamara | Paperback | Cornell University Press Why have the states of Europe agreed to create an Economic and Monetary Union (EMU) and a single European currency? What will decide the fate of this bold project? This book explains why monetary inte...

Preaching to the choir here, brother. My book, The Currency of Ideas, made me very big in Sweden back in the day. πŸ™‚ But fascinating to see how the nature of the political concerns are changing with the changing security landscape. www.cornellpress.cornell.edu/book/9780801...

20.02.2026 11:39 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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Sweden reconsiders decision not to adopt the euro Advocates see a way to buffer against bigger countries bullying smaller ones.

Geopolitics FTW! Enjoyed talking to @marketplace.org about Sweden’s new interest in joining the euro. Spoiler alert: its not just about the economics this time around. www.marketplace.org/story/2026/0...

19.02.2026 22:14 πŸ‘ 3 πŸ” 2 πŸ’¬ 2 πŸ“Œ 0
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The Political Economy of Bad Bunny Reading Hobson in San Juan

The always brilliant @nikhil-kalyanpur.bsky.social on why the NFL platformed Bad Bunny--with a side of Hobson/Lenin's imperialism! Great stuff & also explains F1's stunning recent success at building a US audience. His substack is πŸ”₯.

19.02.2026 18:11 πŸ‘ 5 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0

Important and really, really disturbing post about the manufacturing of consent for the American surveillance state.

10.02.2026 21:31 πŸ‘ 2 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
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🚨 The political economy of finance summer school is back, 3rd year running! Better still: We're bringing it to London via @lse-ei.bsky.social.

π“π¨π©π’πœ: Finance & democracy
π™³Μ²Μ²πšŠΜ²Μ²πšΜ²Μ²πšŽΜ²: 4-5 June 2026
𝘈𝘱𝘱𝘭π˜ͺ𝘀𝘒𝘡π˜ͺ𝘰𝘯 π˜₯𝘦𝘒π˜₯𝘭π˜ͺ𝘯𝘦: March 1. Link below.

We've got brilliant instructors as usual. Please spread the word!

04.02.2026 15:27 πŸ‘ 98 πŸ” 52 πŸ’¬ 4 πŸ“Œ 7

Looked over on the other site to see which of the extraordinary journalists I admire have been laid off at WaPo (answer: most of them). Such a tragic day for democracy & for my hometown. BUT the vitriol and (a lot of bot-generated) hatred in the comments is incredible. Glad to have left that behind.

04.02.2026 20:12 πŸ‘ 3 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
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the judge put liam's picture in the court order for his release. say what you will about the decision to include the bible verses here, but jesus isn't the only one who wept.

31.01.2026 20:50 πŸ‘ 1048 πŸ” 210 πŸ’¬ 16 πŸ“Œ 18
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And the abstract & link again: www.tandfonline.com/doi/full/10....

21.01.2026 22:07 πŸ‘ 3 πŸ” 0 πŸ’¬ 0 πŸ“Œ 1

🚨"A Market for War? The Reinforcing Logics of Europe's Security Turn" is out! What history tells us about the EU's likely political path given today's geopolitics & the emerging European military-industrial complex--& why the EU's new security role urgently requires better democratic accountability.

21.01.2026 21:45 πŸ‘ 35 πŸ” 10 πŸ’¬ 2 πŸ“Œ 0

Feels like something cracked today in the transatlantic alliance. Europeans have been swallowing their pride, bitting their tongues, and bending the knee. That strategy may have bought them time but it has now clearly failed. It also had a major cost - it has made the WH think Europe will cave. 1/

18.01.2026 03:04 πŸ‘ 1991 πŸ” 620 πŸ’¬ 37 πŸ“Œ 93

There is a growing network of faith communities across the US who are organizing & speaking out against the Trump administration's use of government powers for cruelty and repression. Tender green shoots of civil society resistance, but important ones.

09.01.2026 00:59 πŸ‘ 12 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0
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What’s Really Driving Trump’s Moves in Venezuela and Greenland A new political theory suggests that what motivates this president is something far older than great power rivalry.

Great conversation w/Michael Schaffer @politico.com on upheaval in global politics/what a neo-royalist world order might look like. Hint: bleak. But it is not yet consolidated. Time to crawl out of our fetal positions (@segoddard.bsky.social) and map alternatives.
www.politico.com/news/magazin...

08.01.2026 13:24 πŸ‘ 21 πŸ” 10 πŸ’¬ 0 πŸ“Œ 1

β€œThis is not a world of sovereign equality or of balancing against China. It is about extraction.” @abenewman.bsky.social on how to understand Trump’s neo-royalist reign of cruelty, coercion, & rent-seeking gone wildβ€”none of which will end well for America or the world.

05.01.2026 00:41 πŸ‘ 10 πŸ” 3 πŸ’¬ 0 πŸ“Œ 0

This Time Is Not Different (except there are even less competent people in charge, the international order is dead, and we have the foreign policy of a personalist dictatorship).
goodauthority.org/news/what-ha...

04.01.2026 14:03 πŸ‘ 189 πŸ” 50 πŸ’¬ 8 πŸ“Œ 15

I've been browsing the 'Posts' tab of this pack quite a bit lately β€” it might come in handy. It's by no means exhaustive, but as a bonus: it's gender balanced.

go.bsky.app/S87TfHv

05.04.2025 16:41 πŸ‘ 21 πŸ” 6 πŸ’¬ 0 πŸ“Œ 2

No one tops their particular genius of lovable loser-ness + ability to brilliantly capture a specific time, place, & feeling so poignantly. β€œIf you ever get back to Hackensack” β€œDriving on the lawn…” β€œAnd there in a golden ray of light, Is his open man” β€œSeven scotch-and-sodas at the office party”…

28.12.2025 22:09 πŸ‘ 9 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0