2015

The Market Before the Market

When East-Central Europe made the transition to market economies after 1989, journalists sometimes referred to the process as “overnight capitalism.” This gave the impression that the countries in the region were Communist one day and capitalist the next. In fact, the market was present in most of the countries in the region in one form… Continue reading The Market Before the Market

Read More →

2014

Letter from Seoul

Horse Avoiding Alley is almost gone. For more than half a millennium, this narrow alleyway in the heart of Seoul stretched for several kilometers parallel to and just half block north of the major thoroughfare of Jongno Street. Its name, Pimatgol in Korean, refers to the route that commoners took to avoid constantly bowing to the aristocrats… Continue reading Letter from Seoul

Read More →

Playing Party Politics

Political parties in East-Central Europe are like amoebas. They are constantly splitting apart (mitosis) and then banding together in coalitions (aggregation). For someone coming from a U.S. context of two relatively stable parties, the political scene in East-Central Europe seems hopelessly complex. That goes double for Romania. During the 1989 revolution in Romania, a popular… Continue reading Playing Party Politics

Read More →