From Lenin to the present, Russo-Soviet interpretations of the works of John Maynard Keynes have provided a lens by which to understand Russian economic thought and policy. Examining the evolution of these interpretations, unfortunately, reveals that Keynesianism in Russia has helped convince economists and policy makers that market systems cannot be relied upon to function effectively without significant government intervention.

This full text of this article will be available on this page nine months after its initial print publication. To read it now, please buy this issue in print or eBook format from our store, or in the newly redesigned Independent Review app on iOS or Android, or on Magzter which offers digital access on smartphones, tablets, and web browsers.