The collapse of the Soviet Union in 1991 marked the end of one of the most powerful empires of the 20th century. In this video, we explore the key causes from economic stagnation and political reform ...

And at five minutes to 7 p.m. on Christmas Day 1991, Mikhail Gorbachev walked through the Kremlin into a wood-paneled room that was jammed with reporters. He was there to sign a decree relinquishing ...

When the Union of Soviet Socialist Republics (USSR) was created in 1917, many academic economists, including those in the United States, believed or claimed to believe that socialism—which entails ...

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