Sachs is one of the "experts" whose advice the Russian government relied on during the transition from a fully socialist economy, and which led to the rise of the oligarchs.
Other former communist countries (Poland and Estonia, among others) handled things much more sensibly and ended up with both freer markets and less concentration of wealth at the top.
Sachs is one of the "experts" whose advice the Russian government relied on during the transition from a fully socialist economy, and which led to the rise of the oligarchs.
Other former communist countries (Poland and Estonia, among others) handled things much more sensibly and ended up with both freer markets and less concentration of wealth at the top.
Yup. This is sort of what I was getting at. Tangentially related to Sachs/Lancet committee, Campbell Harvey, Jr (probably about April/May 2020) boldly claimed the way out of the pandemic was a vaccine (oversaw in a Zoom call). Another economist commenting/overseeing an arena in which he had (to my knowledge) no expertise/experience.
Sachs is one of the "experts" whose advice the Russian government relied on during the transition from a fully socialist economy, and which led to the rise of the oligarchs.
Other former communist countries (Poland and Estonia, among others) handled things much more sensibly and ended up with both freer markets and less concentration of wealth at the top.
Yup. This is sort of what I was getting at. Tangentially related to Sachs/Lancet committee, Campbell Harvey, Jr (probably about April/May 2020) boldly claimed the way out of the pandemic was a vaccine (oversaw in a Zoom call). Another economist commenting/overseeing an arena in which he had (to my knowledge) no expertise/experience.