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