Page added on August 30, 2006
After over 70 years in power, the mighty Soviet Empire unexpectedly vanished overnight and almost the entire communist tradition there dissolved. Was the cause of this cataclysmic collapse really the result of communist inefficiency and U.S. president Ronald Reagan
This subject is addressed in my book, Scarcity and Growth Considering Oil and Energy: An Alternative Neo-Classical View, and in a forthcoming article co-authored with Marek Kolodziej. Our evidence shows that an oil production decline preceded the GDP decline of the Soviet Union, and therefore that the fall of the Soviet Union was not caused by President Ronald Reagan
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