Two conflicts present two challenges: a Ukrainian counteroffensive turned stalemate; and Israel’s survival as it confronts Hamas (and possibly Hezbollah and Iran). Russ Roberts, Hoover’s John and Jean De Nault Research Fellow and president of Jerusalem’s Shalem College, joins Hoover senior fellows Niall Ferguson. H.R. McMaster, and John Cochrane to discuss Israel’s morale and strategic choices amid a month-long wartime crisis. Then Lt. Gen. Ben Hodges, former commanding general of US Army Europe, makes the case for anticipating a positive outcome—Ukraine expelling Russian forces, winning back its land—in a war nearing its 21-month mark.