Soviet Growth & American Textbooks – Marginal Revolution

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Cowen argues that this perspective may be misleading, as the Soviet Union did experience significant economic growth during certain periods of its history. He points to data showing that the Soviet economy grew rapidly in the early to mid-20th century, outpacing many Western countries at the time.

Cowen suggests that a more nuanced understanding of Soviet economic history is needed, one that acknowledges both the successes and failures of the Soviet system. He also emphasizes the importance of studying alternative economic models, such as socialism, in order to gain a more comprehensive understanding of economic growth and development.

Overall, Cowen\’s post highlights the complexity of Soviet economic growth and the need for a more balanced portrayal of this history in American textbooks.

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