Collapse of an Empire
Explore Collapse of an Empire by Yegor Gaidar: 6 Hacker News mentions from 5 participants in 2007-02-22–2026-11-01. Read original excerpts, compare opinions and save this book.
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Read on Hacker News…e -- falling oil prices will probably doom Russia's government. This has happened before: see this very interesting book by economist and former Russian PM Yegor Gaidar: Collapse of an Empire. I can't recommend it enough. But basically, his thesis is the reason communist Russia fell was oil prices fell below the level needed to support spending and because of structural deficiencies in the Communist government they were unwilling to confront this problem. Hopefully this is a lesson only for Russian and Venezuela, and not the USA :( Link: http://www.amazon.com/gp/product/0815731140 You can read an excerpt for free here: http://www.aei.org/publications/pubID.25991,filter.all/pub_d... or here: http://scribd.com/doc/12796808
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