Gene Epstein — Requiem for a Failed Messiah:
a bona fide economist, or even just a noneconomist with common sense, would have realized that the Soviet Union was not producing “gross national product” to begin with, much less price-adjusted GNP. In the Soviet system of nonmarket prices, with no capital markets and no competition in . . . → Read More: Paul Samuelson – Master of Economics With the Net Down
