Economics of the Ukrainian Crisis

With Russian on the march in Crimea, NPR’s Planet Money podcast recently discussed the economics of the conflict between Russia and the Ukraine and the role natural gas plays in the dispute.

Here is a description of the podcast from the Planet Money Blog:

On today’s show, how a policy that made natural gas very cheap for every household in Ukraine almost bankrupted the nation. And how that led, in part, to the conflict between Russia and Ukraine.