Geopolitics
Coercion Without War
A fight about whether sanctions work, the plumbing that makes them bite, and two tests
Hufbauer and Pape · the clearing system · 2022 · 1973 · 4 chapters · 11 min read
A fight about whether sanctions work, the plumbing that makes them bite, and two tests.
Free to read: every chapter below is open
Economic statecraft
- 01Do They Work, and How Would You KnowOn a twenty-year argument about the same forty cases.
- 02Why the Plumbing Is the WeaponOn jurisdiction exercised through a bank account rather than a statute.
- 03The Money That Was Not ThereOn discovering that your savings are somebody else's promise.
- 04The Embargo That Was Not the CrisisOn the most cited case of resource coercion, and why it is one of the weakest.