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The Long Economic Shadow of World War II in Europe

The Economic History Podcast

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The Failure of Socialist Economism

In eastern europe, just like other emerging market economies in the world, the main victim was not consumption, either public or private household consumption. And because thise were socialan ist economies, this means public invest ihad, both in introstructurea and also in in machinery. So it's a very similar story that what a typical western economic historian would know, for instance, from the context of latin America.

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