Ruthless trade and financial sanctions against Russia may be morally satisfying for Western politicians and their constituents, but that doesn't mean they will be effective. In fact, the historical record suggests that such measures are often self-defeating and politically dangerous.
NEW HAVEN – One of the strongest arguments for free trade is that it promotes peace between participating countries. There is an undeniable correlation between the two, even if it is not always clear whether peace is a pre-condition for the free movement of goods and services, or whether commerce creates the economic incentives for all participants to maintain peace.
NEW HAVEN – One of the strongest arguments for free trade is that it promotes peace between participating countries. There is an undeniable correlation between the two, even if it is not always clear whether peace is a pre-condition for the free movement of goods and services, or whether commerce creates the economic incentives for all participants to maintain peace.