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Old 12-16-2011, 01:08 AM
Dee Sharp Dee Sharp is offline
 
Join Date: Apr 2007
Posts: 32
Default Re: Words Are Wind (Robert Farley & Michael Cohen)

So US squeamishness about Japan's colonial adventures was an emotional response. Rather than put an oil embargo upon them, we should have remained friends, because that would be rational. We didn't do that, which is the sort of crazy thing these guys will admit that countries sometimes do. But for Japan to attack a country with 10 times its steel production would be completely irrational. That sort of thing happens so rarely that we can ignore it. Therefore it never happened.

In economics, many still consider it reasonable to ignore anything not in the models. If the IR field follows that path, the next major war will result in the same excuses we heard after the financial crash: there's nothing we could have done, as no one saw it coming.
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