{"id":42326,"date":"2023-03-29T10:42:35","date_gmt":"2023-03-29T18:42:35","guid":{"rendered":"https:\/\/www.antiwar.com\/blog\/?p=42326"},"modified":"2023-03-29T15:09:58","modified_gmt":"2023-03-29T23:09:58","slug":"yellen-sanctions-kill-iranians-and-dont-work-so-lets-impose-more","status":"publish","type":"post","link":"https:\/\/www.antiwar.com\/blog\/2023\/03\/29\/yellen-sanctions-kill-iranians-and-dont-work-so-lets-impose-more\/","title":{"rendered":"Yellen: Sanctions Kill Iranians and Don’t Work So Let’s Impose More"},"content":{"rendered":"

Reprinted from Econlib<\/a> with permission.<\/em><\/p>\n

WASHINGTON (Reuters) \u2013 Treasury Secretary Janet Yellen said on Thursday the United States was looking at ways to strengthen its sanctions against Iran, but acknowledged the sanctions had not resulted in the behavioral or policy changes Washington desires from Tehran.<\/em><\/p>\n

This is from David Lander and Kanishka Singh, \u201cYellen: Iran\u2019s Actions Not Impacted by Sanctions to the Extent US Would Like<\/a>,\u201d March 23, 2023.<\/p>\n

Lander and Singh continue:<\/p>\n

\u201cOur sanctions on Iran have created real economic crisis in the country, and Iran is greatly suffering economically because of the sanctions \u2026 Has that forced a change in behavior? The answer is much less than we would ideally like,\u201d Yellen told lawmakers in a hearing on Thursday.<\/em><\/p>\n

<\/p>\n

Dave DeCamp writes:<\/p>\n

History shows that sanctions do little to change the governments they target but always hurt ordinary people in the targeted country. For example, UN experts said last month<\/a> that more Iranians are dying from thalassemia, a congenital blood disorder, due to Western sanctions that deprive them of specialized medicines and the ingredients to make them.<\/p>\n

Despite the failed policy in Iran, Yellen said the US was looking for ways to strengthen the sanctions even more. The Biden administration has followed the Trump administration\u2019s so-called \u201cmaximum pressure campaign\u201d against Iran and has imposed a large number of new sanctions.<\/em><\/p>\n

This is from Dave DeCamp, \u201cYellen Says US Sanctions Have Created a \u2018Real Economic Crisis\u2019 in Iran<\/a>,\u201d Antiwar.com, March 26, 2023.<\/p>\n

DeCamp is right to state, \u201cHistory shows that sanctions do little to change the governments they target but always hurt ordinary people in the targeted country.\u201d That is the approximate bottom line of Kimberly Ann Elliott, Gary Clyde, Hufbauer, and Barbara Oegg, \u201cSanctions<\/a>,\u201d in David R. Henderson, ed., The Concise Encyclopedia of Economics<\/em>. I\u2019ve also written about sanctions here<\/a>.<\/p>\n

\n

David R. Henderson<\/a> is a research fellow with the Hoover Institution and an emeritus professor of economics in the Graduate School of Business and Public Policy at the Naval Postgraduate School. He is author of The Joy of Freedom: An Economist\u2019s Odyssey<\/i><\/a> and co-author, with Charles L. Hooper, of Making Great Decisions in Business and Life<\/i><\/a><\/i> (Chicago Park Press). His latest book is The Concise Encyclopedia of Economics<\/i><\/a> (Liberty Fund, 2008). He has appeared on The O\u2019Reilly Factor<\/i>, the Jim Lehrer Newshour<\/i>, CNN, MSNBC, RT, Fox Business Channel, and C-SPAN. He has had over 100 articles published in Fortune<\/i>, the Wall Street Journal<\/i>, Red Herring<\/i>, Barron\u2019s<\/i>, National Review<\/i>, Reason<\/i>, the Los Angeles Times<\/i>, USA Today<\/i>, The Hill<\/i>, and the Christian Science Monitor<\/i>. He has also testified before the House Ways and Means Committee, the Senate Armed Services Committee, and the Senate Committee on Labor and Human Resources. He blogs at http:\/\/econlog.econlib.org.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Reprinted from Econlib with permission. WASHINGTON (Reuters) \u2013 Treasury Secretary Janet Yellen said on Thursday the United States was looking at ways to strengthen its sanctions against Iran, but acknowledged the sanctions had not resulted in the behavioral or policy changes Washington desires from Tehran. This is from David Lander and Kanishka Singh, \u201cYellen: Iran\u2019s […]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[],"coauthors":[],"class_list":["post-42326","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"meta_box":{"disable_donate_message":"","custom_donate_message":"","subtitle":""},"_links":{"self":[{"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/posts\/42326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/comments?post=42326"}],"version-history":[{"count":12,"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/posts\/42326\/revisions"}],"predecessor-version":[{"id":42338,"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/posts\/42326\/revisions\/42338"}],"wp:attachment":[{"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/media?parent=42326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/categories?post=42326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/tags?post=42326"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.antiwar.com\/blog\/wp-json\/wp\/v2\/coauthors?post=42326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}