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
By the 1970s, Western sanctions had hollowed out the Soviet economy. Ultimately, however, what brought down the Soviets was their inability to… — Erin O'Toole Copy Share Image
“A confidential report delivered in June 1965 by Abel Aganbegyan, director of the Novobirsk Institute of Economics, highlighted the difficulties. Aganbegyan noted… — Geoffrey Hosking Copy Share Image
The Communist bloc of old was a study in the failure of failure. Losers in the Soviet economy were the people at… — P. J. O'Rourke Copy Share Image
During the 1930s, some of the leading intellectuals in America condemned our economic system and pointed to the centrally planned Soviet economy… — Thomas Sowell Copy Share Image
In the 20th century, the Soviet Union made the state's role absolute. In the long run, this made the Soviet economy totally… — Vladimir Putin Copy Share Image