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Podcast: Redeemer Broadcasting : A Plain Answer
Episode: A Plain Answer: When Putin Got into Reaganomics - Dr. Richard Vedder
Description: Today we talk with an American economist, historian, author, and columnist. He is professor emeritus of economics at Ohio University and senior fellow at The Independent Institute. Our topic is Russia under Putin. Our guest sees a Putin I and a Putin II. Putin I spans the time of 2000 - 2008. During that time in Russia, GDP rose annually 7.2% per year. During this time, Russia adopted a popular low flat-rate income tax, with a 13 percent rate. This policy was recommended to Putin by a group of 5 economists that met in Russia with its leaders, including Putin. No surprise, that was one...