Most models of Central and Eastern European transition fail to appreciate the "de facto" organising principles that governed life in the Soviet--type system. Concentration has instead been focused on the "de jure" pronouncements of what constituted these systems. It is this misidentification, we...

"In the" Economic Viewpoints "section we welcome extended reviews of important works on economics and political economy. Deirdre McCloskey's" The Bourgeois Virtues "is one of the most ambitious and important works published in classical liberal political economy for at least half a century."...