Meltdown: Inside the Soviet Economy

by Paul Craig Roberts, Katharine LaFollette

Overview

This book describes the irrational life of Soviet producers, the monstrous deprivation of Soviet consumers, and the ideological origins of the Soviet economy that have resulted in a system unable to bear the weight of being a superpower. The authors spell out the challenges that Gorbachev and his successors face. The penultimate chapter deals with the privatization of the Soviet economy. In the last chapter they document the failure of Western experts and pundits to create a true picture of the Soviet system.

Product Details

ISBN-13:	9781937184186
Publisher:	Cato Institute
Publication date:	09/01/1990
Sold by:	Barnes & Noble
Format:	eBook
Pages:	280
File size:	886 KB

About the Author

Paul Craig Roberts is an adjunct scholar at the Cato Institute. He holds the William E. Simon Chair in Political Economy at the Center for Strategic and International Studies and is chairman of the Insititute for Political Economy, and a senior research fellow at the Hoover Institution. He is former assistant secretary of the Treasury for economic policy and a former associate editor of, and columnist for, the Wall Street Journal.
Karen LaFollette is a research associate at the Institute for Political Economy in Washington, D.C.

Editorial Reviews

Shame on the CATO Institute for this publication which, under the guise of documenting the failings of the Soviet economic system, really aims for an end to critical debate and dissent in the US, an aim contrary to the very raison d'etre of the Cato Institute. (RC) Annotation c. Book News, Inc., Portland, OR (booknews.com)

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