korrents

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The only effective way to pressure a government's public finances through sanctions is to sharply cut purchases of its key exports, such as oil and gas.

Drawn from what Simon Johnson said

What this subject means

government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

What Simon Johnson actually said

  1. Simon Johnson Economist; Ronald A
    The only way to put real pressure on Russian public finances is to buy a lot less oil and gas from Russia.

Added to korrents 24 Oct 2026 · How quotes work · Something wrong? Tell us

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