Cheney Preview: Liberal Trade More Effective Than Sanctions

Jan. 13, 2005
By John S. McClenahen The political and economic views of Richard Cheney, the presumptive GOP vice presidential candidate, former Republican congressman from Wyoming, and U.S. secretary of defense, will become clearer during this week's Republican ...
ByJohn S. McClenahen The political and economic views of Richard Cheney, the presumptive GOP vice presidential candidate, former Republican congressman from Wyoming, and U.S. secretary of defense, will become clearer during this week's Republican National Convention in Philadelphia. But this much is already clear: Cheney is for liberal trade and investment and against unilateral economic sanctions. "Investment and trade often can do more to open up a society and create opportunity for a society's citizens than reams of diplomatic cables from our State Dept.," Cheney writes in Economic Casualties, a 1999 book published by the Cato Institute, a libertarian Washington-based think tank. And he says, "When we pursue [unilateral economic sanctions], the United States ends up in a position of adopting and advocating a policy that is almost guaranteed to be ineffective."

Popular Sponsored Recommendations

Discover How an Eye Tracking Study Improves Training Procedures

Oct. 29, 2023
Did you know that your training processes can be streamlined by visualizing and analyzing key skills within your employee base? Find out how we use eye tracking to capture advanced...

3D Printing a More Efficient Factory Floor

Nov. 16, 2023
Today’s additive manufacturing platforms make it simple to print a wide range of high-performing industrial parts as soon as possible and right where you need them — unlocking...

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

Food and Beverage 2024 Trends and Outlook for North America

Oct. 29, 2023
Ready to hear what 200 of your peers said are the top challenges and opportunities in 2024? Don’t fall behind. Uncover actionable insights to better prepare for 2024 in this whitepaper...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!