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Wars Aren’t Won with Peacetime Economies

Since launching his war of aggression in Ukraine, Russian President Vladimir Putin has described his barbaric project as a confrontation with the entire West. But while Western governments have responded politically and diplomatically, they have yet to do what is needed economically.

NEW YORK – Politically, the G7 and likeminded countries around the world have adopted a war footing to stop Russian aggression. Russian President Vladimir Putin violated the most fundamental principle of international law by launching an unprovoked attack on another member of the United Nations – an institution created explicitly to prevent such aggression. The dangers of appeasement should be obvious. Even a little empathy should make us shudder in horror at the prospect of having to live under Putin’s rule.