March 21, 2025
How America Wages Economic Warfare with Eddie Fishman
The last two decades have marked a revolution in economic warfare. As the United States has increasingly sought to weaponize the global economy against its adversaries, the world has become fractured into competing blocks, resulting in an economic arms race among major powers. This is the argument made by Eddie Fishman in his new book, Chokepoints: American Power in the Age of Economic Warfare. The book tells the story of how the US wielded its economic tools, ranging from sanctions, export controls, investment restrictions, and oil price caps, to address the pressing global security challenges stemming from Iran, Russia, and China. It’s the story of how the world economy became a new frontier of warfare. This week, we’re pleased to welcome Edward Fishman to discuss his new book and how it informs the issues facing us today.
Edward Fishman is an adjunct senior fellow at the Center for a New American Security, senior research scholar for the Center for Global Energy Policy, and an adjunct professor of international and global affairs at Columbia University
More from CNAS
-
Prospects for Ukraine and a Look Ahead to Ankara
The past month has featured a series of major transatlantic gatherings that together tell an important story about where the alliance is headed. At the NATO Foreign Ministers ...
By Andrea Kendall-Taylor & Jim Townsend
-
2026 Summer Reading List from Derisky Business
On Derisky Business, the economic security podcast from the Center for a New American Security, we like to ask all our guests to recommend their favorite books listeners shoul...
By Emily Kilcrease, Geoffrey Gertz & Eleanor Hume
-
Ziemba: Iran Looking to Monetize & Weaponize Hormuz
Oil steadied after falling more than 3% in previous sessions following early progress in peace talks over the Iran war. A US waiver allows some sales from Iran, offering them ...
By Rachel Ziemba
-
Getting the Brits Ready to Fight
On June 22, United Kingdom (UK) prime minister Keir Starmer announced that he would resign as leader of the Labour Party and leave the premiership. Starmer had faced mounting ...
By Andrea Kendall-Taylor & Jim Townsend