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The Elliott Wave Writings Of A.J. Frost And Richard RussellA. J. Frost was A. Hamilton Bolton's successor as the reigning dean of the Wave Principle. Everything he ever published on the subject is in this book. In his 1967 and 1970 Elliott Wave supplements to The Bank Credit Analyst, Frost forecasts the ending level for the 1966 1974 bear markets in the Dow to the point and entertains us with two spirited Q&A's. Also included is a 1968 supplement Russell L. Hall, which was co written Frost, along with letters
A. J. Frost was A. Hamilton Bolton's successor as the reigning dean of the Wave Principle. Everything he ever published on the subject is in this book. In his 1967 and 1970 Elliott Wave supplements to The Bank Credit Analyst, Frost forecasts the ending level for the 1966-1974 bear markets in the Dow to the point and entertains us with two spirited Q&A's. Also included is a 1968 supplement Russell L. Hall, which was co-written Frost, along with letters between Dr. Max Resnick and Charles J. Collins. These reprints, compiled Robert Prechter, along with those in our companion novel, The Complete Elliott Wave Writings of A. Hamilton Bolton, complete the presentation of the Bank Credit Analyst's entire Elliott wave output. The incomparable Richard Russell of Dow Theory Letters, who conferred often with Frost, brilliantly blazed the market's trail in the 1970s. Every word Russell wrote about the Wave Principle is here too, including one of the greatest calls of all time: his recognition of the end of the bear market at the December 1974 low. Ending our tome is a delightful section revealing some of A.J.'s more general thoughts on the Wave Principle and markets. It's the fun part so you can read it first or hold it for dessert.Shipping Notes
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4.3 ★★★★★
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Product Reviews
★★★★★ 5
Thought Provoking
Format: Kindle
I bought this book after I heard the author on a podcast. Growing up in the US we have been inundated with the story that the collapse of the Soviet Union was an inevitable triumph of liberal, Western values. I had my doubts. Even poorly run dictatorships can muddle along for years. What the author did was center Gorbachev in the story. He was the eye of the storm. It was the terrible combination of Gorbachev’s ambitious idealism and gross ineptitude that led to the dismantling of the Soviet Union. Unlike much of Marxist historical narratives which emphasize the forces of history; the author shows that it’s individuals who shape events and are shaped by them. A different person than Gorbachev could have turned the tide in a different direction and left us a different world than we have today. This is a history book that teaches lessons not just about the Soviet Union but about human history in general.
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Reviewed in the United States on August 1, 2025
★★★★★ 5
A compelling account of the fall of the USSR
Format: Kindle
Zubok describes blow by blow the series of decisions that sent the USSR towards disaster. Gorbachev, widely hated in Russia, comes across as principled but indecisive, ignorant of economics, and incapable of translating his worship of Lenin into coherent action. The book reads like a thriller despite the density of facts. Zubok is a pessimist, but his thesis is convincing.
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Reviewed in the United States on May 21, 2024
★★★★★ 5
Fascinating, an against the grain account of the perestroika era
Format: Kindle
Gorbachev is hailed as a hero in the West but the book tells the story of a meek, naive individual that precipitated the fall of the Soviet Union creating suffering and an a!most unprecedented calamity.
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Reviewed in the United States on December 19, 2025
★★★★★ 2
A masterfully falsified history of the late Soviet developments
Format: Paperback
This book represents academic propaganda, providing some interesting insights into important events. Some details are true, but some crucial details are omitted. It represents a sanitized version of Russia's modern history. It provides misleading information about Gorbachev's constitutional reforms, aimed at partitioning of 15 republics into 53 confederation entities. Originally, the targeted republics were Kazakhstan, Moldova, Georgia, Azerbaijan, Ukraine, etc. Those conflicts were manufactured by the Soviet center to discredit "nationalists," facilitate the partition of national republics, and grant Moscow right to protect ethnic minorities. According to Starovoitova, Bakatin, Yakovlev, and a few other primary sources, the Soviet security services led special operations in the Caucasus and Central Asia to provoke those conflicts. Zubok avoids citing those parts. Using the imperial approach of "divide and rule," Moscow attempted to become a peacekeeper in the conflicts it created between different ethnicity.
In addition to fragmenting the republics with well-developed national identities, Gorbachev's new constitution would revoke their right to leave the USSR, written in Lenin's 1922 Constitution (Shakhnazarov, 1992). Zubok does not explain any of it. His book is an effort to protect the truth and conceal facts with Russian myths and lies about nationalism (also referred to as Nazism). Notably, Zubok does not recognize non-Russian republics and describes them as "territories." He mentions Pitsunda as a resort on the Black Sea, not as Georgia. For lying about the genocidal ethnic cleansing conducted by the Russian military against the Georgian population of Abkhazia, Zubok owes apology to the victims of conflicts and wars initiated by Gorbachev and carried on by Yeltsin.
The story about "the hardliners coup against Gorbachev" is also a big fat lie. American scholars, Amy Knight, John Dunlop, and William Odom provide more accurate insights. For Russian sources, read Marshal Shaposhnikov or Aleksandr Lebed's memoirs (1995) and listen to Gennady Yanaev's interview (2009). According to Mitrokhin archives (original), the August 1991 coup was an active measure the KGB developed per Gorbachev's request. The so-called coup was part of Gorbachev's constitutional reform, which would lead to the removal of unfriendly leaders (including Yeltsin) from the republics. It failed because the Soviet military brass, foremost Pavel Grachev, had defected to Yeltsin earlier in 1991. When you read a book by a seasoned Russian propagandist, like Zubok or Trenin, take it with a grain of salt, because it will always contain a mix of lies and truth.
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Reviewed in the United States on March 16, 2023
★★★★★ 5
An important work and worth the time.
Format: Hardcover
Real scholarship addressing difficult but important topics in history, economic history, and development. What every economist should read to think much more deeply about how institutions, culture, and human agency interact. At the same time, scholars like the three co-authors demonstrate that there still remains the possibility of doing work that isn’t larded with ideological or activist posturing. Highly recommended.
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Reviewed in the United States on May 5, 2026