In this episode, we speak to Max Hess and Nicholas Michelon about economic warfare.
Maximilian Hess is a political risk analyst and consultant, as well as a fellow at the Foreign Policy Research Institute. Max is the founder of Enmetena Advisory. Max speaks German, Russian, Georgian and Spanish, and has written for the Financial Times, the New Statesman and Foreign Policy, alongside a regular column for Al Jazeera. Max’s book, Economic War, is available from Hurst & Co.
Nicolas Michelon is a 20-year veteran of emerging market entry strategies, financial markets & geo-economics research. A Partner at Confluence Consultants and the editor of Asiapowerwatch.com, he has previously served as an Indo-Pacific economist at the French Ministry of Finance, financial analyst at KPMG Hong Kong, and a portfolio manager at Schroders Singapore. Nicolas is a lecturer in business Intelligence, geopolitics and geo-economics at ESCP Business School & EM Lyon Business School in France, the International University of Monaco, and the Paris School of Economic Warfare.
Listen on Apple Podcasts / Spotify / Google Podcasts, by RSS feed, on Youtube, or right here:
How to Wage Economic Warfare – How to get on a Watchlist
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Books and media mentioned during the episode, and suggestions for further research on this topic:
- Economic War: Ukraine and the Global Conflict between Russia and the West (Maximilian Hess)
- Underground Empire: How America Weaponized the World Economy (Henry Farrell & Abraham Newman)
- Backfire: How Sanctions Reshape the World Against U.S. Interests (Agathe Demarais)
Additional reading suggestions can be found on our 2024 geopolitical reading list.
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The hosts:
Lewis Sage-Passant is a researcher in the field of intelligence and espionage, and a former British Military Intelligence Officer. Lewis holds a PhD from Loughborough University in intelligence studies, and is an adjunct professor in intelligence at Sciences Po Paris. He has extensive experience working and living in the Middle East and Asia Pacific regions in a variety of geopolitical analysis and intelligence roles, supporting the energy industry, the financial sector, leading technology firms, and the pharmaceuticals sector. He has appeared in numerous media outlets, including the BBC, France24, CNBC, Harvard Business Review, The New Arab, El Mundo, GQ, and others, discussing intelligence, geopolitics, and security topics.
Colin Reed is a geopolitical risk adviser working in the US technology sector, specialising in strategic intelligence and global planning for businesses and executives. In his current role he works to identify, assess, and inform senior technology leaders on emerging topics of geopolitical & economic significance, and chairs an intra-business Geopolitical Strategy Council which works to align company posture to global events. He is a dual graduate of both Russian History and International Relations from North Carolina State University and a postgraduate in International Security from Georgetown University. Colin previously worked for the US government and engages regularly with industry groups and security professional associations on the intersectionality of multinational business and international affairs.
The production team:
Producer: Edwin Tran
Researchers: Alex Smith, Lewis Sage-Passant, and Colin Reed
Additional credit goes to several unnamed members of the Encyclopedia Geopolitica team, as well as our colleagues in the intelligence and security community who helped to make this podcast possible.
If you liked this episode, don’t forget to sign up to our mailing list and subscribe on your podcast platform of choice. Please also consider supporting our work via Patreon. While the topics we discuss here are often shrouded in secrecy and security classifications, we really hope you’ll tell your friends about us!
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