The Price of the Past


Book Description

For nearly sixty years, the Soviet Union had the most militarized economy in history. The sheer volume of arms produced, and the physical and human dimensions of the industrial apparatus used to produce those arms, was unmatched. Militarization affected every fiber of the economic system; for individuals and households, it provided support for measures to restrict free choice in almost every aspect of people's personal lives, from where they lived and worked to what they ate and wore. All of this has now changed radically. Russia has removed nearly all the restrictions on individuals and it is now drastically reducing its military-industrial sector. By some measures, one could say that the country has already demilitarized. Russia today produces only a small fraction of the arms it did five years ago, but militarization of the economy is far from an issue of the past for Russia. As this book clearly demonstrates, the costs which it imposed represent one of the biggest continuing burdens that Russia will have to bear. One of Clifford Gaddy's main purposes of this book is to uncover the enduring costs of militarization. This book differs from other studies of the overall effect of militarization on Soviet society in two ways. First, it stresses the connection between market reform and demilitarization. It shows how introducing market prices and giving citizens and firms freedom of choice have progressively stripped away many of the advantages previously enjoyed by the Soviet military-industrial complex. Second, the book concentrates on the consequences of militarization and demilitarization not only for enterprises, but also for individuals and local communities. This broad view provides new insights into how pervasive militarization really was in the past and how difficult demilitarization is and will continue to be in the transition period. The book is divided into two parts that focus loosely on "the system" and "the people." The first tal




Inflated Concerns: Exposure to Past Inflationary Episodes and Preferences for Price Stability


Book Description

Using individual-level survey data for both advanced economies and emerging markets spanning over 45 years for 42 countries, we show that cohorts who have had higher exposure to past inflationary episodes (levels, as well as to more persistent or to more volatile inflation), systematically express higher concerns over rising prices. The link between past high inflation exposure and expressed concerns over price stability is particularly strong when an individual’s exposure occurs in the latter part of her working-age (as in lifecycle theory). The impact of past exposure to high inflation on contemporaneous preferences over price stability increases when surveyed in the midst of high ongoing inflation and with macroeconomic instability (as measured by GDP growth volatility), but diminishes with the quality of institutions.




The American


Book Description




The Price of the Past


Book Description







The Review of Austrian Economics


Book Description




Decisions and Orders


Book Description




Food and Nutrition


Book Description




The Nation


Book Description




Silencing the Past


Book Description

Now part of the HBO docuseries Exterminate All the Brutes, written and directed by Raoul Peck The 20th anniversary edition of a pioneering classic that explores the contexts in which history is produced—now with a new foreword by renowned scholar Hazel Carby Placing the West’s failure to acknowledge the Haitian Revolution—the most successful slave revolt in history—alongside denials of the Holocaust and the debate over the Alamo, Michel-Rolph Trouillot offers a stunning meditation on how power operates in the making and recording of history. This modern classic resides at the intersection of history, anthropology, Caribbean, African-American, and post-colonial studies, and has become a staple in college classrooms around the country. In a new foreword, Hazel Carby explains the book’s enduring importance to these fields of study and introduces a new generation of readers to Trouillot’s brilliant analysis of power and history’s silences.