{"id":9379,"date":"2013-08-09T09:00:33","date_gmt":"2013-08-09T13:00:33","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=9379"},"modified":"2013-08-09T09:07:53","modified_gmt":"2013-08-09T13:07:53","slug":"stimulus-russian-edition","status":"publish","type":"post","link":"http:\/\/www.Centives.net\/S\/2013\/stimulus-russian-edition\/","title":{"rendered":"Stimulus: Russian Edition"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/08\/080913_1304_StimulusRus1.jpg\" width=\"639\" height=\"431\" \/><\/p>\n<p>Andrew E. Kramer wrote about Russia&#8217;s own\u2026spin on stimulus:<\/p>\n<ul>\n<li>Oil prices have stayed level in recent times, causing Russia&#8217;s economy to stall.<\/li>\n<li>In an effort to stimulate the economy Russia is considering releasing business owners who were guilty of &#8220;economic crimes&#8221; from gulag prisons.<\/li>\n<li>In Russia a business owner has a better chance of ending up in a gulag than a common burglar does.<\/li>\n<li>This is largely due to corruption. One business owner who sold leopard-print fabrics was locked up for &#8220;copyright infringement&#8221;. His inventory was given to a competitor who sold them for a fat profit. The business owner somewhat dryly points out that it&#8217;s unclear who owns the copyright to leopards.<\/li>\n<li>Russia may be onto something. Several of those guilty of white-collar crimes have actually become fairly successful entrepreneurs even in prison. They probably could give Russia&#8217;s economy a jolt.<\/li>\n<\/ul>\n<p>Read more about the conditions of the gulags, other examples of those who were arrested for &#8220;economic crimes&#8221; and more over <a href=\"http:\/\/www.nytimes.com\/2013\/08\/09\/business\/global\/russias-stimulus-plan-open-the-gulag-gates.html?hp&amp;pagewanted=all&amp;_r=0\">here<\/a>.<\/p>\n<p>Source: <a href=\"http:\/\/www.nytimes.com\/2013\/08\/09\/business\/global\/russias-stimulus-plan-open-the-gulag-gates.html?hp&amp;pagewanted=all&amp;_r=0\">The New York Times<\/a><\/p>\n<p>Via: <a href=\"http:\/\/marginalrevolution.com\/marginalrevolution\/2013\/08\/the-stimulus-that-is-russian.html\">Marginal Revolution<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Andrew E. Kramer wrote about Russia&#8217;s own\u2026spin on stimulus: Oil prices have stayed level in recent times, causing Russia&#8217;s economy to stall. In an effort to stimulate the economy Russia is considering releasing business owners who were guilty of &#8220;economic crimes&#8221; from gulag prisons. In Russia a business owner has a better chance of ending [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2013\/08\/080913_1304_StimulusRus1.jpg","_links":{"self":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=9379"}],"version-history":[{"count":3,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9379\/revisions"}],"predecessor-version":[{"id":9382,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/9379\/revisions\/9382"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/9378"}],"wp:attachment":[{"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=9379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=9379"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=9379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}