David R. Henderson  

Speech: The Perverse Economics of Sanctions

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Tonight I'll be speaking at the Monterey Institute of International Studies on the perverse economics of sanctions. The other speaker is Stephen Zunes. The overall event is on Iran.

7:30 PM at the Irvine Auditorium, Monterey Institute of International Studies (MIIS)
499 Pierce Street
Monterey

The program is free (zero price) and open to the public.

Here's more on the event.

For some of the past things I've written on sanctions, read this and this.


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COMMENTS (3 to date)
Jim Rose writes:

I always wondered why the same groups opposed trade sanctions against cuba but called for them against south africa.

ditto, sports boycots against south africa are good but boycotting of the moscow olympic games in 1980 was bad and a setback for peace and liberalisation.

Roger McKinney writes:

I really liked your articles on the failure of sanctions. But I thought that when you wrote “Picture yourself back in 1974” you were going to mention the Arab oil embargo, although that was the previous year. Consider how US citizens responded to the Arab oil embargo, which was very similar to sanctions. Did we decide to overthrow our government? No, we blamed the Arabs.

I have watched as the US has placed sanctions on hundreds of countries over the last 50 years and have noticed that not a single instance resulted in the desired outcome. In most cases sanctions strengthen the dictator by placing life and death supplies under his direct control. Sanctions certainly strengthened Saddam Hussein’s power and probably Castro’s power as well.

BTW, I'm very jealous of you living in Monterey. I attended an intensive summer language program at the MIIS decades ago and it was wonderful, the school and the town.

Jim Rose writes:

came across this on arguments against intervention in Libya. Mrs Clinton in testimony to Congress:

“I want to remind people that, you know, we had a no-fly zone over Iraq.

It did not prevent Saddam Hussein from slaughtering people on the ground, and it did not get him out of office.

We had a no-fly zone, and then we had 78 days of bombing in Serbia.

It did not get Milosevic out of office. It did not get him out of Kosovo until we put troops on the ground with our allies.”


HT: Justin Logan at http://www.cato-at-liberty.org/the-dean-of-liberal-interventionism-on-libya/

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