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The first international history of the emergence of economic sanctions during the interwar period and the legacy of this development.
A Foreign Affairs Best Book of 2022
"Valuable... offers many lessons for Western policy makers today." - Paul Kennedy, Wall Street Journal
"The lessons are sobering." - The Economist
Economic sanctions dominate the landscape of world politics today. First developed in the early twentieth century as a way of exploiting the flows of globalization to defend liberal internationalism, their appeal is that they function as an alternative to war. This view, however, ignores the dark paradox at their core: designed to prevent war, economic sanctions are modeled on devastating techniques of warfare.