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GettyImages-1229561404 Jens Büttner/picture alliance via Getty Images

Turning Off Russia’s Tap

Since the start of Russia’s invasion of Ukraine, the challenge for the West has been to end the war without intervening militarily. According to Oleg Ustensko, Ukrainian President Volodymyr Zelensky’s economic adviser, anything short of a full boycott of Russian energy exports is insufficient. But Harvard’s Ricardo Hausmann argues that a punitive tax on oil would serve the same moral and political purpose, but with less economic pain for global consumers.

Featured in this Big Picture

  1. Oleg UstenkoOleg Ustenko
  2. Ricardo HausmannRicardo Hausmann
hausmann102_Dmitry FeoktistovTASS via Getty Images_russiagasoil Dmitry Feoktistov/TASS via Getty Images;

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