Ukraine's War and Economic Impact: Lessons from History

The article draws parallels between Ukraine's current struggle for independence and America's fight for freedom during the American Revolution. Despite facing a Russian invasion and occupation, Ukraine has shown resilience and progress in its counteroffensive, inflicting significant casualties on Russian forces and weakening their supply chains. The author criticizes calls for Ukraine to negotiate with Russia, emphasizing the Ukrainian people's resolve and the moral case for their fight. While the outcome remains uncertain, the article argues that betting against Ukraine would be a mistake, just as it would have been to bet against George Washington in 1777-1778.