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Norman Angell’s Revenge

By Matthew Yglesias

"Norman Angell’s Revenge"

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Obviously, being connected to the world of international commerce hasn’t stopped Russia from throwing its weight around on the world stage in some malign ways. But on the other hand, it looks like there really has been a price to pay for Russian companies in terms of declining stock values. One hopes that’ll create some incentive for Russian elites to think twice next time something of this sort is under consideration.

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