Defense Priorities Defense Priorities
  • Policy Topics
    • Iran
    • Western Hemisphere
    • Ukraine-Russia
    • NATO
    • China
    • Syria
  • Analysis
    • Research
    • Q&A
  • Programs
    • Grand Strategy Program
    • Military Analysis Program
    • Asia Program
    • Middle East Program
  • Experts
  • Events
  • Media
  • About
    • Mission & Vision
    • People
    • Jobs
    • Contact
  • Donate
Select Page
Home / Grand strategy / The misguided economics of modern territorial ambitions
Grand strategy

April 30, 2025

The misguided economics of modern territorial ambitions

By Erik Gartzke

Thomas Cromwell, destined to become prime minister under King Henry VIII, gave a speech in Parliament in 1523 opposing war with France, a war Henry was eager to pursue.

Cromwell’s decision to speak out against the war might appear odd. Warfare was endemic in that age; some nations were forever fighting other proto-states in Europe. Besides, Cromwell rose to power by facilitating King Henry’s wishes, not flouting them.

Cromwell’s reasoning was simple: Wars are expensive and unprofitable. England would be better off trading with its French neighbors than plundering them. Cromwell recognized a trend that has grown: Modern states seldom prosper from territorial aggrandizement.

Contemporary Washington is abuzz with schemes of conquest. Until recently, this trait was associated with our adversaries, not us. Russia coveted its neighbor’s territory and used force to take it, resulting in massive losses on both sides. Much like his predecessors in monarchical Europe and early America, President Trump publicly entertains territorial acquisition: Greenland, the Panama Canal, Canada and even the Gaza Strip, by force if necessary.

Read at Washington Times

Author

Photo of Erik Gartzke

Erik
Gartzke

Non-Resident Fellow

Defense Priorities

More on Western Hemisphere

op-edWestern Hemisphere, Greenland

Donald Trump stirs up trouble in U.S.-Canada relations

By Daniel DePetris

January 27, 2026

In the mediaGrand strategy, Europe and Eurasia, Greenland, Western Hemisphere

Trump’s ‘Donroe Doctrine’ flaunts U.S. expansionism and intervention. But will it pay off long-term?

Featuring Jennifer Kavanagh

January 25, 2026

ExplainerWestern Hemisphere, Grand strategy

Move on from Washington’s outdated Cuba policy

By Daniel DePetris

January 23, 2026

Western Hemisphere, Diplomacy, Sanctions

Why Washington needs a new Cuba policy

By Daniel DePetris

January 23, 2026

op-edGrand strategy, Alliances, Europe and Eurasia, Greenland, Western Hemisphere

Trump’s Board of Peace could turn into a rat race

By Daniel DePetris

January 23, 2026

op-edGrand strategy, Alliances, China, Greenland, Russia, Western Hemisphere

Russian and Chinese threats to Greenland and the new Arctic sea routes are low

By Lyle Goldstein

January 23, 2026

Events on Grand strategy

See All Events
virtualGreat power competition, Balance of power, China, Grand strategy, Middle East

U.S.-China competition and the value of Middle East influence

June 10, 2025
virtualChina, Alliances, Balance of power, Diplomacy, Grand strategy, Russia

China-Russia: Cooperation or a no-limits alliance?

April 3, 2025
virtualSyria, Balance of power, Basing and force posture, Counterterrorism, Middle East, Military analysis

Syria after Assad: Prospects for U.S. withdrawal

February 21, 2025

Receive expert foreign policy analysis

Join the hub of realism and restraint

Expert updates and analysis to enhance your understanding of vital U.S. national security issues

Defense Priority Mono Logo

Our mission is to inform citizens, thought leaders, and policymakers of the importance of a strong, dynamic military—used more judiciously to protect America’s narrowly defined national interests—and promote a realistic grand strategy prioritizing restraint, diplomacy, and free trade to ensure U.S. security.

  • Research
  • Experts
  • About
  • For Media
  • Jobs
  • Donate
  • Privacy Policy
  • Terms and Conditions
  • Contact
© 2026 Defense Priorities All Right Reserved