On the Road to Democracy: The Czech Republic from Communism to Free SocietyCollection of essays writtem during arguabley the most remarkable decade of hte 20th century, when communism fell throughout the Soviet Empire, and was replaced by free and market-oriented nations. |
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ambitions arguments basic believe benefits bureaucrats capital markets central bank central planning collapse of communism communist communitarianism connected convergence created currency crisis Czech Republic Czechoslovakia dangerous decade decision-making deficit democracy democratic deregulation discuss dismantling domestic economic growth economists enlargement euro Europe European Union exchange rate existing experience fiscal transfers foreign free markets free society freedom future George Stigler groups Hayek human ideas ideology imbalance important individual inflation institutions interests investment Joseph Stiglitz legislation less liberalization liberty macroeconomic market economy member countries membership Milton Friedman monetary policy monetary union Mont Pelerin Society NATO NCPA Optimum Currency Areas organizations percent political politicians positive possible post-communist Prague privatization problems Public Choice School radical reform regulation relatively rent-seeking result role social speech Stigler structure theory Third tion trade transatlantic transition economies unification Václav Klaus voucher privatization Wayism