Macroeconomic Monitor
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СССР

A chance encounter with Alexander Solzhenitsyn or two shades of political incorrectness

Solzhenitsyn

A Bulgarian translation of the novel "In the First Circle" by Aleksandr Solzhenitsyn (1918-2008) was recently published. The story is based on his life experience and concerns one of the so-called sharashkas - secret Soviet camps where imprisoned scientists worked on intelligence or military projects. The disappointment of ...

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Selected quotes by Vladimir Ilyich Lenin on the occasion of September 9

On January 21, 1924, Vladimir Ulyanov (Lenin), the ideological inspirer of the October Revolution of 1917 and the first leader of the Soviet Union, died. In the years after his death, a real cult of his personality was created. His body lies in the center of Moscow to this day as a symbol of an entire era. Here …

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Prague Summer: The Invasion of Czechoslovakia with Some Historical Details

The Prague Spring

“We occupied you Czechs because we love you.” Explanation of what happened by a Russian officer, given on August 24, 1968 to Milan Kundera During this week in 1968, another desire for freedom and humanity in the socialist camp was trampled. It did not start with the economy, but with culture, music, everyday life …

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GDP growth does not equal economic growth

GDP growth

Author: Steven Horwitz, FEE.org Even the smartest economists can make the simplest mistake. Two contemporary books – “Violence and Social Order” by Douglas North, Barry Weigast, and John Joseph Wallis (not to be confused with John Wallis, a 17th-century mathematician) and “Why Nations Fail” by Daron Acemoglu and …

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Today's anti-capitalists ignore the fundamental problems of socialism

Jonathan Newman, Mises Institute A great wave of anti-market and pro-socialist opinions has flooded the media in recent years. In most cases, these anti-markets make no distinction between state-sponsored organizations like the IMF and real markets. But that doesn’t matter, because the articles are often populist and vaguely worded – …

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