The Duck of Minerva

The Duck Quacks at Twilight

Nexon: Right on Motivations… Outcome Pending

January 13, 2013


And, in fact, bargaining theory suggests that [abandoning the “platinum coin” option] strengthens Obama’s hand.


Meanwhile, I get calls. The White House insists that it is absolutely, positively not going to cave or indeed even negotiate over the debt ceiling — that it rejected the coin option as a gesture of strength, as a way to put the onus for avoiding default entirely on the GOP.


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Daniel H. Nexon is a Professor at Georgetown University, with a joint appointment in the Department of Government and the School of Foreign Service. His academic work focuses on international-relations theory, power politics, empires and hegemony, and international order. He has also written on the relationship between popular culture and world politics.