To best Order the Disorder, we love hosting live shows with our partners at the Royal United Services Institute (RUSI) and showcasing the great range of talent that they have on staff. Jane and Jason were joined for a live recording on May 14 by TOM KEATINGE, DIRECTOR OF THE CENTRE FOR FINANCE AND SECURITY AT RUSI.

The trio started off tackling Sanctions: the role and use of Western Sanctions before Russia’s full-scale invasion of Ukraine in February 2022; how the use of sanctions has changed since Russia’s full-scale invasion, particularly on this side of the Atlantic; what does this mean for the rest of the world; and how this expansive use of sanctions is reordering global finance. 

And then moved on to the question of Markets…. and how they hold governments to account. Jason genuinely believes that the markets may be our last hope to save American democracy and that they can do what the supreme court and congress are supposed to do but cannot.  Finally, we couldn’t discuss finance and security without mentioning the Donald’s favourite word in the English language that word that he seems not to realize comes directly from Arabic, *Tariffs*.  We tried to unpack what really are tarriffs; how we know they didn’t work with Smoot Hawley; what does Donald Trump think tarriffs are.

The main take away of the discussion overall was: The failure of economic tools of coercion such as sanctions and tariffs to achieve their stated aims and the power of 'markets' to reassert order. 

It was a well attended live show with over 75 guests in RUSI’s beautiful library… pls come join us for the next one in the Autumn. And more importantly right now! Pls pls join our paid for substack to hear all the beautiful listener questions!

Producer: George McDonagh

Subscribe to our Substack and become a paid member to support our work and to listen to the listener questions which are cut from this free episode - https://natoandtheged.substack.com/

Show Notes Links: 

We are trying to grow our YouTube channel. Pls check out this rather racy video and subscribe to the channel, Is Gary Lineker an Anti-Semite? https://www.youtube.com/watch?v=gdi4vVGyCkM 

Relevant RUSI sanctions work can be found here: https://www.rusi.org/explore-our-research/projects/sanctions-and-illicit-finance-monitoring-and-analysis-network-sifmanet 

A recent article challenging the Russia maritime sanctions status quo can be found here: https://www.rusi.org/explore-our-research/publications/commentary/tapped-out-it-time-revisit-oil-sanctions-russia 

A recent article arguing for action on the Russian central bank assets can be found here: https://www.politico.eu/article/russia-central-bank-assets-ukraine/ 

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