Publication Date: February 2016
We repeat a survey we did in the waning days of the Soviet Union (Shiller, Boycko and Korobov, AER 1991) comparing attitudes towards free markets between Moscow and New York. Additional survey questions, from Gibson Duch and Tedin (J. Politics 1992) are added to compare attitudes towards democracy. Two comparisons are made: between countries, and through time, to explore the existence of international diﬀerences in allegiance to democratic free-market institutions, and the stability of these diﬀerences. While we ﬁnd some diﬀerences in attitudes towards markets across countries and through time, we do not ﬁnd most of the diﬀerences large or signiﬁcant. Our evidence does not support a common view that the Russian personality is fundamentally illiberal or non-democratic.
Transition economy, Free markets, Democratic values, Fair prices, Income inequality, Incentives, Hostility towards business, Moscow, New York
JEL Classification Codes: P10, O57