Germany is mulling economic sanctions against Russia. Do they actually work?

Peter Altmaier is skeptical that sanctions work, ever. Asked about possible German sanctions against Russia, he replied that he couldn’t think of a single example in which they had caused a country to change its behavior. But how valid is the German Economy Minister’s bold assertion as Berlin mulls imposing sanctions on Russia over the Navalny affair?

Sanctions — war by others means, to rephrase the famous Prussian general Carl Von Clausewitz’s aphorism a little — vary widely and…

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