Russia: The rewards of patience

Overview

Alexander Solzhenitsyn wrote that all the Gulag’s inmates were guilty – but not of the crimes for which they had been imprisoned. Guilt and innocence were anyway irrelevant to the inevitable result, which was banishment in a striped suit. Today’s Russia, a political and economic work-in-progress, suffers similarly. Sins both real and merely reported condemn Russia to the striped suit, with the predictable reverberations through educated foreign public opinion and asset allocation. No...