America’s cost of 'defending freedom' in Ukraine: Higher food and gas prices and an increased risk of recession
- Written by William Hauk, Associate Professor of Economics, University of South Carolina
Americans may be tempted to view the war in Ukraine as an unfortunate, but far away, crisis. As an economist, I know the world is too connected for the U.S. to go unaffected.
On Feb. 22, 2022, President Joe Biden warned Americans that a Russian...