"The Soviet economy is proof that, contrary to what many skeptics had earlier believed, a socialist command economy can function and even thrive" William Nordhaus, awarded a "Nobel Prize" in economics today, writing in 1989, of all years, in the textbook he wrote with Samuelson
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Numerous friends and colleagues who lived there
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I own several businesses in Russia and the economy isn't anywhere near to doing ridiculously well. Look at the currency, stock market, quality of life (abysmal), wealth inequality (top 3 in the world), median average income.
End of conversation
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