Quarterly Journal of Austrian Economics
Author:
Peter T. Calcagno
Frank Hefner
Online Publish Date:
Volume 9, no. 1 (Spring 2006) The Eastern European countries have been going through a transition phase since the liberalization of their economies with the collapse of communist regimes in the early 1990s . The attempts at transition from a centrally planned economy to a market based one has provided a fascinating laboratory for research in