Private property is a very fundamental and very long-term institution.

Private property is a very fundamental and very long-term institution.

You're not always able to choose.

I joined the city government, and we start to operate as the bureaucrats on the local level, so we were the only ones in the whole Russian team who were experienced in practical bureaucratic management in the complicated condition of 1990.

There is a state that is able to understand the demand in the economy. That state should use prices as an instrument for implementation of this understanding.

During the Soviet era, private ownership was a crime punishable with up to five years in prison.

I am joining the government not from the academic position but from St. Petersburg city council.