Western analysts were unprepared for the Soviet collapse because they accepted a host of false assumptions about the Soviet economy. A positive attitude toward central planning was considered a sign of sophistication, instead of the symptom of economic sophistry that the Soviet collapse once and for all proved it to be.
|Other Independent Review articles by Paul Craig Roberts|
|Fall 2009||Letter to the Editor|
|Spring 2004||My Time with Karl Marx|
|Spring 2003||The Causes of Wrongful Conviction|
|[View All (7)]|