Rediscovering Fire

Basic Economic Lessons from the Soviet Experiment to Eliminate the Market

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"With the market economy wiped clean away, the government and the people were forced to rediscover fire: to relearn the basic laws of economics and rebuild civilization out of the ashes of ruin. This outlines the scope of the Soviet experiment with socialism: All of economics was put to the test. From the very elementary concept of whether or not economic laws exist objectively, to the relearning of these laws through crisis and reform, to the rediscovery of the institutions necessary for a market economy to function, all economics was relearned from scratch."

Forthcoming 2010

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