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Politics : Ask Michael Burke

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To: BGR who wrote (77467)	3/10/2000 1:48:00 AM
From: Dennis O'Bell	Read Replies (2) of 132070

In Mark Skousen's "Economics on Trial" he cites Samuelson & Nordhuaus, "Economics" (1989) thus: "The Soviet economy is proof that, contrary to what many skeptics had earlier believed, a socialist command economy can function and even thrive" I wouldn't download from Samuelson for economic insights. Besides it's always profoundly irritated me that some point at the present situation in Russia as a failure of "capitalism". (The French are fond of this passtime.) The fact is it's just an example of what happens when the mafia runs things; in the past the same mafia ran things, it just happened to be called the Komitet Gosudarstvennoi Bezopasnosti.

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