Widespread fictitious economic accounting was foiling planners to the point that the KGB employed its own spy satellites to ascertain the size of the Uzbek cotton harvest, but the spy agency itself suffered from internal falsifications.From Stephen Kotkin, Armageddon Averted, p. 67.
Showing posts with label Central planning. Show all posts
Showing posts with label Central planning. Show all posts
Thursday, April 23, 2015
Principal-agent problems in the Soviet Union, circa 1990
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