Word: rublee
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The overall Soviet economy remains a near shambles. The budget deficit -- caused in part by transfusions to anemic factories and by subsidies for food and housing -- is about 11% of the GNP, by some estimates. The ruble, arbitrarily said to be worth $1.60 but not freely convertible into dollars or...
The next stage of perestroika will probably be even harder than the latest. For market incentives to work, prices will have to be decontrolled -- a frightening prospect given the pent-up inflationary pressures. Rents and the prices of meat, bread and milk have been kept at the same level for...
What the medieval silk-and-spice caravans were to Western Europe, Flight 30 is to Soviet consumers today. The few who can afford the 1,762-ruble ($2,800) round-trip ticket gain an opportunity to outfit their homes with otherwise unavailable dream goods. The Soviet government, which officially frowns...
Culture has not remained the exclusive domain of Moscow intellectuals. On the Arbat pedestrian mall, would-be Pushkins and Pasternaks peddle their autographed poetry for a ruble or more a page. Sunday painters in Izmailovo Park display their labored tributes to the Russian futurists, suprematists and constructivists of the early...
A. Well, of course, but not as intensively as today. The feeling sharpened , over the course of time, as I started to learn more, as I came across wide polarities in living standards. So I am a fervent advocate of social justice. It is essential for the very moral and...