Wednesday, December 16, 2009

Yegor Gaidar Dies, Liberalized Russian Economy

Yegor Gaidar, who liberalized the Russian economy in 1992 in what was then called "shock therapy," has died. You can read his obituary published in The Economist magazine HERE.

As referenced at the end of this piece, he was last in the international news a few years ago when he claimed to have been mysteriously poisoned in Ireland in the wake of the poisoning (with polonium 210) of Alexander Litvinenko in London in November 2006. Like Litvinenko, he had become an increasingly virulent critic of Vladimir Putin in the years before he was poisoned. But I found the last paragraph of this obit, concerning his fears of a "Weimar Russia," the most interesting.

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