Listen to Economists Keith Bush, (Russia); Ben Slay, (East-Central Europe); and John Tedstrom, (East-Central Europe) discuss how to introduce a market economy in nations that have had totalitarian command economies for 40 to 70 years. The challenge is significant and there are varied approaches to the problem.
It was recorded in 1991.
What is money? For thousands of years, currency was tied to a commodity, if the commodity itself wasn’t actually exchanged. Today, that relationship has...
Today’s podcast is titled, “The Soviet Collapse.” Richard Pipes, Professor of History at Harvard University and Adam Ulam, Director of the Russian Research Center...
Some argue that the capitalist system itself is inhumane. Others argue the opposite. Hear why the argument itself is flawed in Episode 79 of...