When the Soviet Union collapsed in 1991, it had no concept of what a free market was (with the exception of the illegal black markets). However, when the Iron Curtain came crashing down, American companies were quick to enter the new market that contained millions of new potential customers. Gorbachev, who is often credited with […]
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Chernobyl: Crisis in a Crucial Time
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Even on its own, the meltdown at Chernobyl in April of 1986 is one of the worst man-made disasters in history. Hundreds of thousands of people were affected by this disaster — some relocated, some faced severe health effects and … Continue reading →