The history of economic warfare has lessons for NATO and Russia, following Russia’s invasion of Ukraine voxeu.org/article/econom…. Main points /1 For more than a century, great powers have looked for a magic bullet to collapse the adversary’s economy quickly without bloodshed. They haven’t found it yet. Wealthy decentralized economies have proved highly adaptable under sudden stress. Even Russia will surprise us /2

Your reminder of the victory that Russia expected on the third day of the war, described here web.archive.org/web/2022022605… in an article by the Russian nationalist Petr Akopov that appeared briefly on state media before being withdrawn /1 "There will be no more Ukraine as anti-Russia. Russia is restoring its historical fullness, gathering the Russian world, the Russian people together - in its entirety of Great Russians, Belarusians, and Little Russians" /2

Under communist rule, Poland was exceptionally unequal in nearly everything that mattered. *Wage inequality* was one of the few exceptions. The idea that inequality in Poland is much higher now than then is a statistical artefact -- one that relies on ignoring capital income 1/4

https://twitter.com/econromesh/status/1190614537046757378

In communist times, nearly all capital income accrued to the state. This capital income was appropriated by the "top 0.0001%" -- a tiny clique of party leaders. They used it to build regime security and national power; this ensured the survival of their power and privilege 2/4

This #DDay75 tweet from Russia's Foreign Ministry deserves close attention. Its central point is correct: by mid-1944 Germany was being defeated in the East by the Red Army and could no longer recover. BUT many things are missing 1/9

https://twitter.com/mfa_russia/status/1136256630021087233

What's missing #1. The UK and USA did not drag their heels. By 1944 Allied aid was augmenting Soviet supplies by a staggering 10 per cent of GDP, so Soviet soldiers were better fed and armed, with improved field communications and above all mobility 2/9