NY times has a large article on new government sponsored program aimed to promote innovations in Russia. As I see it, over the last decade the Russian government made all possible to kill small businesses and promote large, better state owned corporations. After the task was successfully accomplished, it is very hard to reverse the course.
Hayek argued that it is impossible to have an economic freedom without political freedom. Once the government limits political freedoms, the economic freedoms suffer as well. Of course every rule has an exception. China is one of them, but the argument should be tested over the longer horizon and China yet has to demonstrate the stability of its current model in the long run.
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