The Evils of Economic War

Source: Eunomia
by Daniel Larison

“Economic warfare is warfare, but it is rarely treated as such when policymakers are debating whether they should employ this weapon. The U.S. has engaged in armed conflict reflexively over the last thirty years, and it has been even more cavalier in waging economic war. Policymakers know in advance that economic warfare won’t achieve anything useful, but many still endorse waging economic war because they don’t take its deadly consequences seriously and because they take for granted that the U.S. has the right to inflict punishment on target states at will. Their desire to be seen ‘doing something’ about some international problem counts for more in their minds than the lives and welfare of innocent people.” (05/10/23)