The Human Cost of Economic Sanctions
On this episode of American Prestige, Mark Weisbrot talks about economic sanctions and how they affect people’s lives.

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Economist and co-director of the Center for Economic and Policy Research (CEPR) Mark Weisbrot joins the show to talk about economic sanctions and how they affect people’s lives. They discuss the effect of sanctions on migration flows, how the PR about them targeting governments and not civilians is false, how the international financial system and dollar hegemony allow the US to sanction so freely, whether sanctions on other countries actually benefit ordinary Americans, whether tariffs can be considered a form of sanctions, and more.
Check out CEPR’s work for much more material on sanctions.
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US Treasury Secretary Scott Bessent speaks about US sanctions on Russia.
(Victor J. Blue / Bloomberg via Getty Images)Economist and codirector of the Center for Economic and Policy Research (CEPR) Mark Weisbrot joins the show to talk about economic sanctions and how they affect people’s lives. They discuss the effect of sanctions on migration flows, how the PR about them targeting governments and not civilians is false, how the international financial system and dollar hegemony allow the US to sanction so freely, whether sanctions on other countries actually benefit ordinary Americans, whether tariffs can be considered a form of sanctions, and more.
Check out CEPR’s work for much more material on sanctions.
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Here's where to find podcasts from The Nation. Political talk without the boring parts, featuring the writers, activists and artists who shape the news, from a progressive perspective.
Derek welcomes Matt Lech to the show to bring you the news while a sick Danny convalesces. This week: Trump pushes U.S. oil companies to reenter Venezuela and outlines plans for a long-term U.S. takeover of the Venezuelan oil industry (1:34); opposition leader Maria Corina Machado presents Donald Trump with her Nobel Peace Prize medal (7:01); Southern Transitional Council leader Aidarus al-Zubaidi flees Yemen as the group fractures amid competing leadership claims (8:50); Somalia cuts ties with the United Arab Emirates following the latter’s support for Somaliland and the evacuation of Yemeni separatist leaders through Somali territory (12:05); the second phase of the Gaza ceasefire begins as Israel continues to restrict humanitarian aid (14:27); UK Palestine Action prisoners conduct hunger strikes as part of a broader campaign against repression and arms manufacturing, with Matt relaying a statement from the group (18:11); Sudan’s military government announces its return to Khartoum while preparing a major operation against the Rapid Support Forces in Darfur and Kordofan (21:22); China records a $1.2 trillion trade surplus despite U.S. tariffs (24:09); Japan’s prime minister moves toward snap elections amid high approval ratings and ongoing political instability (26:30); the UN reports 2025 as the deadliest year for Ukrainian civilians since 2022 (28:40); American, Danish, and Greenlandic officials meet in Washington as Trump continues to press claims over Greenland (31:06); the Trump administration halts immigrant visa processing for 75 countries (33:15); and the New York Times reports on possible U.S. war crimes involving the use of disguised military aircraft in “anti-smuggling” operations (34:23). Derek then speaks with Negar Mortazavi, journalist and host of The Iran Podcast, about the causes, trajectory, and implications of Iran’s recent nationwide protests (37:11). Find more of Matt’s work over at Left Reckoning, The Majority Report, and The Jacobin Show. Here is the complete statement from UK Palestine Action.
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