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Planet Money

The day Russia adopted the free market

May 7, 2022
public
0
00:00
30:57
Chapters
Description
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Chapters generated by Snipd
1.
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Introduction
1min
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2.
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The Soviet Union Is Over
4min
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3.
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Step Watten and Jeff's Playbook Set Prices Free
2min
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4.
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Freeing Prices and Reforming the Currency - The Polish Miracle
3min
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5.
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The Playbook in russia
4min
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6.
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The West Should Help russia's Reforms
2min
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7.
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What Happened in russia?
4min
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8.
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The Bolshevik Biscuit Factory
5min
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9.
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The Oligarchs, Wealth and Power in the New Russia
2min
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10.
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The Economic Consequences of the Peace
1min
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In the early 90s, American economist Jeffrey Sachs was a part of a team that tried to transform Russia's economy. It did not go as planned. He tells us what he thinks went so wrong. | Subscribe to our weekly newsletter here.

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