Russia Episodes

Welcome to the latest episode of Burgernomics! Today, we delve into the harsh reality that economics, not notions of good or evil, often dictates the outcome of wars. Recent developments, including Vladimir Putin allocating a staggering one-third of Russia's economic output to defense, highlight the economic dimension of modern warfare. Key Points: Russia's Economic Commitment: Putin directs 33% of Russia's economic output to defense, amounting to $820 billion annually, 15 times more...

Steven Hamilton Assoc Professor Of Economics The George Washington University. Russia has invaded the Ukraine. Western countries have targeted unprecedented sanctions against Russia the invader. Can economic sanctions force an invader to surrender without the use of weapons saving human life? Will economists sit beside Generals in the War Room in The Pentagon?