That's the argument Ivan Eland of the Independent Institute makes in a new article:

As the United States should do with its ridiculously counterproductive embargo against Fidel Castro’s Cuba—which has used the U.S. sanctions as an external threat to win internal support and blame all of the island’s economic problems on the United States—Israel should dismantle all aspects of its counterproductive blockade, not just relax a ban on imports. Increased commerce among Gazans and among Gaza, Israel, and the world would undermine the Islamic radicalism on which Hamas prospers.

Read the entire (very interesting) piece here.