Persuading Persia
04/08/2014 | | econ70, Economic forecasting, economist on radio, economist on TV, eisenberg and economics, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, funniest economist, funny housing economist, Graphsandlaughs, graphsandlaughs and eisenberg, housing sales, Iran nuclear, MLS, mortgage banking, Multiple listing service, nuclear iran, politics and economics, Public speaking economist
While hoping for a change of regime in Iran that forswears nuclear weapons is a lovely idea, it’s not policy. Rather, for diplomacy to work with a recalcitrant partner such as Iran, you need a continuous coercive element. As such, at minimum, the threat of increased sanctions will be necessary towards the tail end of the current round (or second round) of talks if they are to succeed.