Occupation: Professor Birth: March 22, 1953
Russia depends on natural resources way too much. Russian economy is not diversified enough.
We're not just going to see mid-sized banks go under in the next few months, we're going to see a whopper..
Russia exists in the context of open global economy and is a part of it.
I don't think it's time yet to eliminate cash, but I propose having a less-cash society, not a cashless one..
Today, chess programs have become so good that even grandmasters sometimes struggle to understand the logic behind some of their moves..
There has been a noticeable decline in the labor factor in all wealthy countries in the past 20 years. The rich are getting richer, but those at the ….
Marx's theory that only capitalists benefit from capitalism and workers are exploited was completely wrong. Nothing could have been further from the ….
We all use cash in our everyday life, but we don't use hundred-dollar bills. We're not using 500-euro notes. And yet these account for mountains of c….
People aren't looking at how they're doing, but rather at how their neighbors are doing and at their own place in society..
Unbridled capitalism in the United States can't be sustained socially. It leads to tensions..
Workers are not being exploited. But if their share of growth doesn't increase, this could be a potential cause of social tension worldwide..
The assertion that everyone benefits simultaneously from free trade is simply incorrect..
Worrying about inflation now is like worrying about the measles when you might get the plague..
Unbridled capitalism will lead to some very real problems..
If you didn't have employers able to pay off the books and off the record safely in cash, you wouldn't have illegal immigration on nearly the scale t….
Global markets have a much bigger effect on prices and wages in the U.S. and elsewhere than they did before..
... far more people make a living as professional chess players today than ever before. Thanks partly to the availability of computer programs and on….
I think that a lot of the money - these big bills - is used to facilitate tax evasion and crime..
It is vital for Russia to normalize relations with the rest of the world. You shouldn't isolate your economy.
I tell my children that a man like Bill Gates has a personal fortune of $100 billion. They can't even comprehend that. Then I explain that he has mor….
Cash is very easy to hide. It's easy to hoard. It's easy to move, especially these large bills..