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Optimizing Things in the USSR

November 10, 2020

The author of Optimizing Things in the USSR has an interesting angle on the problems which led to the collapse of the Soviet Union. It’s not a secret that it collapsed due to a deeply inefficient economic organization but its not obvious why it didn’t work out as planned. I mean, it’s obvious for the economists, at least from the times of Mises and Hayek but many utopian ideas still sound appealing and achievable. The devil is in the detail.