Weaponized interdependence

It's a world full of choke points, weaponized interdependence, which is a term I think coined by Henry Farrell and Abe Newman.

Certainly I learned it from them.

And there's a big conference, not including them for some reason, taking place at the European Central Bank a few days after we record this.

And so we began to write and we began to figure out that there was something really going on, which I think had been going on.

in plain sight for a number of years, but which nobody had really been able to put their finger on in such a way that they could actually sort of crystallize what the phenomenon was.

And this was what we called weaponized interdependence.

And the idea behind it was very straightforward, that we had been living for decades in a globally, a highly interdependent global economy.

and the ways in which both political economy people in international relations, and I think most economists had thought about it, was in terms of the enormous efficiency advantages that flow from this.