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“... to be understood as the sudden withdrawal of state planning from commodity price regulation. As Isabella Weber explains in How China Escaped Shock Therapy, big bang price liberalisation in Russia and Eastern Europe after 1991 ‘caused a disorganisation of existing production links without replacing them with market relations’. This ...”

“... economy, to distance ‘politics’ from ‘economics’, no longer seem to work. The economist Isabella Weber was met with scorn from many in the profession when she argued in the Guardian in December 2021 that strategic price controls would be a better response to the current situation than monetary tightening (‘truly stupid’, Paul Krugman called ...”

“... year after Chekhov; the same year as Tagore; five years before Sun Yat-sen, three years before Max Weber, eight years before Gandhi, and nine before Lenin. Thirty-five years later he was arrested on false charges of inciting Andrés Bonifacio’s uprising of August 1896, and executed by a firing squad composed of native soldiers led by Spanish officers. The ...”