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The only way you get economic progress, real standards of living moving higher, is to have the savings of the society continuously invested in the cutting-edge technologies. And those technologies which are obsolescent get dropped out.

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Alan Greenspan

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Crony capitalism is essentially a condition in which… public officials are giving favours to people in the private sector in payment of political favours.

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Putin probably, almost certainly, thinks that one of the great disasters of the 20th century was the demise of the Soviet Union. It’s very obvious that he’s trying to work its way back and maintain something similar to that sort of institution.

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April 21, 2024

Putin probably, almost certainly, thinks that one of the great disasters of the 20th century was the demise of the Soviet Union. It’s very obvious that he’s trying to work its way back and maintain something similar to that sort of institution.

Previous

April 21, 2024

Crony capitalism is essentially a condition in which… public officials are giving favours to people in the private sector in payment of political favours.

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