All tagged Serfdom

A Brief Overview of Russian Economic History

A Brief Overview of Russian Economic History

Karnik Aswani
Economics

Russia's economic history spans several centuries and has contributed to its current position as one of the most powerful countries in the world. Over time, Russia has expanded its territory and become a major global economic player. However, this journey was not without challenges, including the abolition of serfdom, the devastation of World War I, the Bolshevik Revolution, and the collapse of the Soviet Union. Despite these obstacles, Russia's economy remains strong, with abundant natural resources such as oil, gas, and minerals, and a highly educated workforce.

Hayek: An Overview

Hayek: An Overview

Thomas Mann
Economics

September 1945 contained multiple defining events around the world. In Germany, the Allies solidified control over their occupation zones. In Asia, the Allies rounded up Japanese forces. In the United States, factory workers began striking due to the postwar economic downturn. Lost in the shuffle is the publication of a 12-page journal article in The American Economic Review by an Austrian immigrant to the United Kingdom. The article’s author would change the economies and politics of the UK and the U.S.