UNDER THE PHASED-ARRAY RADAR: The UK Independent has an excellent analysis of the hopeful economic state of the former Soviet Union. Seems that despite all the western hand-wringing over the past decade (which was in large part driven by elite lefty horror at the collapse of their ideological Shining City on the Hill), the Russians are doing just fine, thank you.
In a side note, Jude Wanniski (remember him?), reminds that Russia has done away with the progressive income tax (which nobody paid) and now sports a 13% flat tax rate. We here in capitalist heaven should be so lucky.
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