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Michael McFaul

@McFaul ↗

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Last Checked April 10, 2021

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Mon Jan 25 12:59:00 +0000 2021

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Michael McFaul @McFaul

De jure, Putin's owns few properties. De facto, he controls almost all property in Russia or owned by Russian billionaires abroad. He can use almost any property -- the infamous palace, but also any other palaces, yachts, profits from Gazprom gas sales, etc whenever he wants. — PolitiTweet.org

Posted Jan. 25, 2021 Hibernated

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Michael McFaul @McFaul

When I worked in the USG, I was asked frequently, even by Obama, about how much Putin was worth. I always replied, that's the wrong question. Putin's wealth come from de facto property rights -- the right of use, the right of profits from that use, and the right of transfer. — PolitiTweet.org

Christo Grozev @christogrozev

A student asked Putin today about the palace which was the subject of @navalny's film. Putin says he didn't have ti… https://t.co/aAHKMctjdc

Posted Jan. 25, 2021 Hibernated

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Michael McFaul @McFaul

On how property rights work, I still like this classic by Yoram Barzel, (1997). Economic Analysis of Property Rights (2nd ed., Political Economy of Institutions and Decisions). Cambridge: Cambridge University Press. doi:10.1017/CBO9780511609398 — PolitiTweet.org

Posted Jan. 25, 2021 Hibernated

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