James Galbraith discusses the unintended effects of Western sanctions on Russia, arguing that they have, in many respects, benefited the Russian economy in the long term. Contrary to the goals of defunding the war and degrading Russia’s military capacity, sanctions have led to economic adjustments that have fostered Russia’s independent development. Galbraith points out that despite initial disruptions, Russia adapted by focusing on domestic production and diversifying its economic partnerships. This analysis provides a nuanced view of economic sanctions’ real-world impacts, suggesting that their effectiveness and consequences are more complex than commonly understood.
Climate Crisis
Steve Keen – “Don’t Study THIS Economist” Top Economist Warns Students
This is an edited video of a talk I gave at Yale University, where Nordhaus is a Professor, critiquing his work and that of his cabal of followers.
Geopolitics
Glenn Diesen, Anatol Lieven – The Ukraine War and the Eurasian World Order
9 Ocotber 2024 The response of most of the international community to the Ukraine War has illustrated the greatly weakened ability of the US, and the West in general, to shape the policies of states […]
Economics
Renegade Inc: Renegade Predictions 2022
In this edition of Renegade Inc., host Ross Ashcroft, met up with five friends of the show to ask them about what surprised them over the last year and, as importantly, what they foresee happening […]
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