Videos
The Great Fertility Collapse With Jesús Fernández-Villaverde
For the first time in human history, we're not having enough children to keep the world's population from falling.
October 12, 2026
Published August 18, 2025
Sanctions can be a formidable instrument of national power — advancing security, deterring aggression, and promoting liberty. Their success depends on integration within a coherent strategy, rigorous targeting, and timely execution. Historical successes and failures — from the Cold War to Venezuela — demonstrate that sanctions, when precisely targeted and applied with strategic discipline, can weaken authoritarian regimes while limiting harm to civilian populations. Properly conceived and enforced, they remain an indispensable pillar of U.S. foreign policy.
Check out more from H.R. McMaster:
- Watch the Battlegrounds podcast with H.R. McMaster here.
- Read "Sanctions as a Tool of Economic Statecraft" by H.R. McMaster here.
- Read "Lessons for Israel from the American War on al-Qaeda" by H.R. McMaster here.
Learn more about H.R. McMaster here.
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The opinions expressed are those of the authors and do not necessarily reflect the opinions of the Hoover Institution or Stanford University.
© 2025 by the Board of Trustees of Leland Stanford Junior University.
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