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The Noble Failure Of Russia’s Liberal reformers
Russia’s rapid economic decline in the 1990s was the result of too little, rather than too much, ‘shock therapy’.
August 17, 2026
As a prolific columnist and observer of US and world affairs, Niall Ferguson has plenty to be grateful for, beginning with an American president seemingly always in the news. Ferguson, the Milbank Family Senior Fellow at the Hoover Institution, explains the many reasons why Americans should be giving thanks this holiday season.
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