Toggle Menu

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.

Daniel Bessner and Derek Davison

July 8, 2025

US Treasury Secretary Scott Bessent speaks about US sanctions on Russia.(Victor J. Blue / Bloomberg via Getty Images)

EDITOR’S NOTE: 

The Nation Podcasts

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.

The Human Cost of Economic Sanctions | American Prestige
byThe Nation Magazine

⁠Get your limited edition "Robo Washington" poster now⁠⁠!

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.

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

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.

Subscribe to The Nation to support all of our podcasts: thenation.com/podcastsubscribe.

The Nation Podcasts

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.

Iran Talks Collapse, UAE Leaves OPEC, Mali Rebels Seize Kidal / American Prestige
byThe Nation Magazine

King Charles paid his respects at AP HQ, but was put off by Danny’s pet ferrets. In this week’s news: Iran talks collapse as Trump weighs a blockade and strikes (1:56); the UAE leaves OPEC (7:45); Mali rebels and jihadists seize Kidal (16:49); Derek interviews Alex Thurston about Mali’s escalating rebel offensive and the implications for the junta government (18:08); Israel kills civilians and expands evacuation zones in Lebanon (33:43) as the US and Israel demand a Hezbollah disarmament plan from Lebanon (35:25); Israel adds an orange line to its Gaza map (37:08); Afghanistan and Pakistan exchange border fire (38:59); China blocks the sale of AI startup Manus to Meta (40:46); Sudan’s Blue Nile faces a humanitarian crisis (44:23); King Charles visits the United States and addresses Congress (46:27); Trump and Putin discuss a Ukraine ceasefire (48:53), plus Ukraine accuses Israel of procuring stolen grain (48:53); and the United States charges Sinaloa Governor Ruben Rocha (52:18).

Don’t forget to download our latest miniseries Marx Prestige. All episodes out now!

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Subscribe to The Nation to Support all of our podcasts

Daniel BessnerTwitterDaniel Bessner is an historian of US foreign relations, and cohost of American Prestige, a podcast on international affairs.


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.


Latest from the nation