Popular Attitudes Towards Free Markets: The Soviet Union and the United States Compared
AbstractRandom samples of the Moscow and New York populations were compared in their attitudes towards free markets by administering identical telephone interviews in the two countries in May, 1990. Although the Soviet respondents were somewhat less likely to accept exchange of money as a solution to personal problems, and their attitudes towards business were less warm, we found that the Soviet and American respondents were basically similar in most dimensions. Soviets showed no difference from Americans in their feelings that price increases may be unfair. There appears to be little difference between the Soviets and Americans in their concern with income inequality, in their belief in the importance of providing material incentives for hard work, and in their understanding of the workings of markets.
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Bibliographic InfoPaper provided by Cowles Foundation for Research in Economics, Yale University in its series Cowles Foundation Discussion Papers with number 952.
Length: 72 pages
Date of creation: Aug 1990
Date of revision:
Publication status: Published in American Economic Review (June 1991), 81(3): 385-400
Note: CFP 787.
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Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA
Other versions of this item:
- Shiller, Robert J & Boycko, Maxim & Korobov, Vladimir, 1991. "Popular Attitudes toward Free Markets: The Soviet Union and the United States Compared," American Economic Review, American Economic Association, vol. 81(3), pages 385-400, June.
- Robert J. Shiller & Maxim Boycko & Vladimir Korobov, 1991. "Popular Attitudes Towards Free Markets: The Soviet Union and the United States Compared," NBER Working Papers 3453, National Bureau of Economic Research, Inc.
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