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.
My Time with Soviet Economics
By Paul Craig Roberts
This
article
appeared in
the Fall 2002 issue of The Independent Review.
Defense and Foreign PolicyEconomic FreedomEconomistsEconomyEuropeFree Market EconomicsInternational Economics and DevelopmentNationalismPhilosophy and ReligionPublic ChoiceSocialism, Communism, and Collectivism
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