Book notes: The ruble: a political history, by Ekaterina Pravilova
Indispensable reading for anyone interested in Russia and comparative, long-term historical accounts of monetary ideologies and practice
Ekaterina Pravilova, The ruble: a political history, Oxford University Press, 2023, 560 pages
One of the most persistent stereotypes about Russia presents its past as a series of attempts to build an anti-capitalist utopia, whether under the tsars or the communists. Most famously, the Soviet Union retained some forms of market relations, but its industrialisation programme rejected the profit motive, free competition and a mobile labour force. Recent studies by historians Tracy Dennison, Yanni
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