Ukraine is in the news but not for a good reason.
It’s never a positive sign when nations with nuclear weapons start squabbling with each other. And that’s what’s happening now that Western powers are complaining that Russia is occupying Crimea (and perhaps other parts of Ukraine).
Some say that this controversy is a sign that the Cold War is being rekindled. Other say it never ended.
Many experts suggest that the conflict has a lot to do with energy, particularly since so much Russian gas goes through Ukraine on its way to Western Europe.
I’m an economist with little expertise in those areas, so I’m going to approach the Russia-Ukraine issue from an unusual angle.
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