This book examines the intellectual challenges and driving forces behind Russia's economic and political transition from communism in the 1990s. Andrei Shleifer, drawing on firsthand experience, delves into critical reforms such as Gorbachev's perestroika and mass privatization. The essays explore the complexities of establishing market economy institutions and analyze the rapid shifts in Russia's economic and political landscape during this turbulent period.

The book offers a firsthand account of the intellectual debates and challenges surrounding Russia's transition from communism in the 1990s. It covers key reforms like perestroika and mass privatization, aiming to identify the forces shaping the nation's economic and political trajectory. The collection of essays provides insights into the complexities of establishing market economy institutions. The framing suggests a detailed analysis for those interested in post-Soviet economic history and policy.