On this episode of American Prestige, Mark Weisbrot talks about economic sanctions and how they affect people’s lives.
US Treasury Secretary Scott Bessent speaks about US sanctions on Russia.(Victor J. Blue / Bloomberg via Getty Images)
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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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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 has returned, but he keeps trying to get Danny to go to some seminar led by a charismatic “mentor” he encountered in his travels. In this week’s news: war breaks out in Ethiopia’s Tigray region (0:43); Flavio Bolsonaro wins the first round of Brazil’s presidential election as the right makes major gains (6:46); in Yemen, the government’s counteroffensive against Ansar Allah stalls (9:51), the group attacks airports in Saudi Arabia and Yemen (12:40), and Saudi Arabia seeks outside military support (13:42); the U.S. prepares to resume its war against Iran as the Islamic Republic intensifies attacks on oil tankers near the Strait of Hormuz (17:44); in Japan, a U.S. Marine’s arrest for alleged murder sparks protests against the American military presence on Okinawa (22:18); Sudan’s military advances in North Kordofan (25:20) and Sudanese military chief Abdel Fattah al-Burhan rejects peace talks (28:06); in Mali, Tuareg rebels withdraw from Kidal as government forces retake the town (29:54); the U.S. and the WHO seek information about suspected plague cases at a Russian lab (29:54); Russian attacks across Ukraine kill at least 25 (32:57); Spanish Prime Minister Pedro Sánchez calls a snap election (35:00); the U.S. bombs another alleged drug boat in the Caribbean (37:12); and Trump creates a new AI task force called the Super Intelligence Force (38:12).
Note: Since recording, Trump has said that the U.S. will not attack Iran before the November midterm elections.
Watch a replay of last night’s livestream with journalist Michael Fox about Brazil’s elections.
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Daniel BessnerTwitterDaniel Bessner is a historian of US foreign relations and is the author of, among other books, Imperialist Realism.
Derek DavisonDerek Davison is a writer and analyst specializing in international affairs and US foreign policy. He is the publisher of the Foreign Exchanges newsletter, cohost of the American Prestige podcast, and former editor of LobeLog.