February 19, 1993
Why Perestroika Failed
The Politics and Economics of Socialist Transformation
Peter J. Boettke
Director, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
Contact us
To speak with a scholar or learn more on this topic, visit our contact page.Perestroika was acclaimed in the west but brought empty shelves in the east. Why Perestroika Failed argues that this was inevitable because it was not based on a sound understanding of market and political processes. Even if the perestroika programme had been carried out to the full it would have failed to bring about the structural changes necessary to transform what was the Soviet economy.
Purchase the book at Amazon.com.
When Will Magical Economic Thinking from Biden and Co. End? | Creators
Veronique de Rugy