What happened to the Soviet Union happened mainly for domestic reasons. It was a failure of the model based on a command… — Mikhail Gorbachev Copy Share Image
“The South Korean economy is a paradox: it is utterly capitalist, yet at the same time it is in some ways still… — Euny Hong Copy Share Image
Contrary to what many skeptics had earlier believed, the Soviet economy is proof that a socialist command economy can function and even… — Paul Samuelson Copy Share Image
The problems of the global economy are not based in perception, but in the reality of prices, balance sheets and income statements,… — Charles Hugh Smith Copy Share Image
One of the signs of the imminent Apocalypse is the "bitterness of all waters," and anyone traveling through eastern Europe, the former… — Marq de Villiers Copy Share Image
What counts is results, and there can be no doubt that the Soviet planning system has been a powerful engine for economic… — Paul Samuelson Copy Share Image
