Yosef Bonaparte (Colorado): U.S. Presidents and Stock Market Performance: The Good, the Bad and the Useless. Trump is tying his presidency to the stock market — he might come to regret that. Trump just took credit for the stock market again — what happens if the economy turns on him? There’s an easy way to show the stock market rally has little to do with Trump. The importance of historical perspective in understanding recent good economic news. Can the economy keep calm and carry on? The markets are up, unemployment is down — how much credit should Trump get? Trump era is the greatest threat to the U.S. economy, Americans say. Will the economy save Trump and his party?

Trump’s economy is doing (slightly) worse than Obama’s. The Trump economy is a gilded mediocrity (and more). The Dollar General CEO just accidentally made clear how screwed up the economy is. The US economy is not yet back to its potential. Why the Trump economic boom will never come: Yes, the markets are looking good (for now) — but subsidized deal-making and tax cuts for the rich are the surest sign of a bubble. We’re still not ready for the next banking crisis: One chart says everything about how well the financial system will cope. The U.S. isn’t prepared for the next recession: When it comes — and it will, eventually — it’ll be worse than necessary.

The Great Recession never ended. The Great Recession is still with us: The downturn left the country poorer and more unequal than it would have been otherwise. Worse than the 1930s: America’s Great Recession and not so great recovery. A decade later, it looks like the Great Recession may be worse than the Great Depression.

Benjamin De Cleen (VUB): The Conservative Political Logic: A Discourse-theoretical Perspective. Throughout history, the Right has cared more about preserving private property than about promoting democracy: Marshall Steinbaum reviews Conservative Parties and the Birth of Democracy by Daniel Ziblatt. The revenge of the ruling class: Timothy Shenk interviews Corey Robin, author of The Reactionary Mind: From Edmund Burke to Donald Trump (and more). Why do conservatives like capitalism? Because it keeps in place the hierarchies they cherish. Are conservatives really just liberals? Conservatives have commitments that precede our classical liberalism. From the Baffler, Corey Pein on the Moldbug Variations: Feudalism is the new conservatism. New thinking on the Right: How high-toned quarterly journals are enlivening the conservative exploration.

Trump, the insurgent, breaks with 70 years of American foreign policy. Ben Rhodes on the Trump Doctrine: America last. Donald Trump, dealbreaker: The president’s America First policy is causing the U.S. to withdraw from the world. America and the great abdication: Don’t mistake Donald Trump’s withdrawal from the world for isolationism. America is not in retreat — it’s a rogue superpower: As Trump upends international relations, will other nations restore stability? The new world order is leaving the U.S. behind: American allies have decided Trump is simply not someone they can do business with.

Trump’s Twitter feed is a foreign-policy-crisis machine. This is what European diplomats really think about Donald Trump. What happens when the United States develops a credible reputation for incompetence? Stephen Walt on the global consequences of Trump’s incompetence. Ret. Army colonel: “Amateur hour in the White House is the most dangerous thing” we face. Some U.S. allies trust Putin more than Trump. Thanks to Trump, America’s word is now worthless. Presidents have been sustaining the liberal world order for generations — what will we lose when Trump abandons it? Donald Trump has made liberal internationalism great again.

The House of Trump and the House of Saud: The blossoming relationship with Riyadh symbolises the decay of the US-led order. Trump’s bellicosity is ceding America’s influence to China: The president’s imprudent tweets are convincing the world, and South Korea, that the United States is an unreliable ally. China’s rise didn’t have to mean America’s fall — then came Trump. America’s new world order is officially dead: China and Russia have fully derailed the post-Cold War movement toward U.S.-led global integration. As Trump leads from behind, America’s enemies step in.

Nato chief Jens Stoltenberg: World is at its most dangerous point in a generation. Susan Glasser on Donald Trump’s year of living dangerously: It’s worse than you think. Why Donald Trump might not face a foreign policy crisis anytime soon.

David A. Dana and Janice Nadler (Northwestern): Soda Taxes as a Legal and Social Movement. In Iceland, an example of what happens if you actually elect women. Trump’s pick to run 2020 Census has defended racial gerrymandering and voter suppression laws. Iran protests could move Trump to kill nuclear deal. The real significance of the unrest in Iran: The dream of reform is over. James Risen: My life as a New York Times reporter in the shadow of the war on terror. Trump and Bannon are now officially enemies. Eliana Johnson on how the Bannon-Trump alliance collapsed. Peter Thiel is exploring the creation of a conservative cable news network. Why so cold? Climate change may be part of the answer. “You can’t make this s—- up”: Michael Wolff on his year inside Trump’s insane White House.

Ludvig Beckman (Stockholm): Is there a Moral Right to Vote? Sarah Birch (King’s College): Democratic Norms, Empirical Realities and Approaches to Improving Voter Turnout. A massive new study reviews the evidence on whether campaigning works — the answer’s bleak (and more). Re-engineering politicians: Jonathan Rauch and Raymond J. La Raja on how activist groups choose our candidates — long before we vote. Being the first name on the ballot has a huge effect. Edward Glaeser and Giacomo Ponzetto on fundamental errors in the voting booth. More professionalism, less populism: Jonathan Rauch and Benjamin Wittes on how voting makes us stupid, and what to do about it. The computer scientist who prefers paper: Barbara Simons believes there is only one safe voting technology. Trump disbands commission on voter fraud.

Se Young Jang on how the Korean War put presidents in charge of nuclear weapons. Waiting for the bomb to drop: There are sounds, for those who can hear them, of the preliminary and muffled drumbeats of war. This is how nuclear war with North Korea would unfold: In one all-too-plausible worst-case scenario, millions die from mistakes and a tweet. This North Korea business will get out of control. “It’s a running joke [in the West Wing] that nuclear war could start from the private residence during Fox [News] primetime” (and more). Why nuclear war with North Korea is less likely than you think. Trump’s tweet won’t start a nuclear war — but the real danger is still terrifying.

Donald Trump didn’t want to be president: An excerpt from Fire and Fury: Inside the Trump White House by Michael Wolff. The scary reality behind Trump’s long Tuesday of weird tweets: He’s relying on Fox News for all his information (and more). Is something neurologically wrong with Donald Trump? It is best not to diagnose the president from afar, which is why the federal government needs a system to evaluate him up close. Washington’s growing obsession — the 25th Amendment: Lawmakers concerned about Trump's mental health invited a Yale psychiatry professor to brief them in December. Trump is nakedly fragile: His lack of mercy makes him weak.

Thread: “Trump uses social media as a weapon to control the news cycle. It works like a charm. His tweets are tactical rather than substantive. They mostly fall into one of these four categories”. There is no secret master plan: Trump is the WYSIWYG president — no, the tweets aren’t just a distraction. Thread: “Today is all because there was never an ideology or unifying purpose to Trump or his campaign. It’s always been about personal fulfillment and enrichment, rampant opportunism”. New Year’s Eve at Mar-A-Lago: Another reminder of Trump’s degradation.