The March of Folly Part 1: Why do politicians so often damage the economies of the countries they govern? By Publius

The Politics

Russia’s invasion of the Ukraine has imposed tremendous damage on the Ukraine, but it has also inflicted almost equally impressive damage on Russia’s own economy. While the costs for the Ukraine are more visible, terrible and tangible, they are probably also more reversible when the war comes to an end. Although lives lost can never be restored, buildin…