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Podcast: New Books in Politics and Polemics
Episode: Agathe Demarais, "Backfire: How Sanctions Reshape the World Against U.S. Interests" (Columbia UP, 2022)
Description: Sanctions have become the go-to foreign policy tool for the United States. Coercive economic measures such as trade tariffs, financial penalties, and export controls affect large numbers of companies and states across the globe. Some of these penalties target nonstate actors, such as Colombian drug cartels and Islamist terror groups; others apply to entire countries, including North Korea, Iran, and Russia. U.S. policy makers see sanctions as a low-cost tactic, but in reality these measures often fail to achieve their intended goals--and their potent side effects can even harm American interests.Β Backfire: How Sanctions Reshape the W...