Russia’s economic future could be in its past - a podcast by Marketplace

When McDonald’s opened its Moscow location in the early ’90s, it signaled Russia’s transition to a market economy. But now corporations are pulling out over the war in Ukraine, and the Russian economy has been hollowed out by Western sanctions. Could the country be reverting to Soviet-era government interference? We’ll talk about it with the author of “Putinomics.” Later in the show: Why a federal gas tax holiday won’t ease much pain at the pump, and why ramping up U.S. oil production wouldn’t be an overnight fix either.

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