"I was paid to read Western economic texts. In a way, the regime paid for their own undermining"
- Vaclav Klaus
About this Quote
This quote by Vaclav Klaus is referring to the economic reforms he executed in the Czech Republic throughout the 1990s. He was paid to read Western economic texts, which offered him with the understanding and understanding of how to carry out these reforms. In a manner, the program was paying for their own undermining, as the reforms he executed remained in direct opposition to the existing program. The reforms he carried out were aimed at liberalizing the economy and presenting a market-based system, which remained in stark contrast to the existing communist system. By spending for him to read these texts, the regime was basically paying for their own downfall. The reforms he implemented succeeded and led to the Czech Republic becoming one of the most flourishing countries in Central and Eastern Europe.
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