@crmiller1 @BuddyYakov @irl_neil @dmwoodruff Thanks for chiming in Chris, if you look at Maddison data, GDP falls 9% from peak in 1989 to 1991. @mark4harrison in his Coercion essay is also trying to explain a collapse that begins in 1989. Which has implications for how we view shock therapy, doesn’t it?
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…