
395. Speak Softly and Carry Big Data
Freakonomics Radio
The Limits of Economic Sanctions
This chapter examines the complexities and limited effectiveness of economic sanctions in achieving foreign policy goals. It discusses historical examples and data, revealing low success rates, particularly in challenging cases, and emphasizes the unintended consequences that often arise. The chapter advocates for alternative strategies that leverage public perception over coercive measures, suggesting innovative approaches in international relations.
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