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The year 1989 brought the fall of the Berlin Wall and the collapse of communism in Eastern Europe. But it was also the year that the economic theories of Reagan, Thatcher, and the Chicago school achieved global dominance. And it was these neoliberal ideas that largely determined the course of the political, economic, and social changes that transformed Europe--both east and west--over the next quarter century. This award-winning book provides the first comprehensive history of post-1989 Europe.Philipp Ther--a firsthand witness to many of the transformations, from Czechoslovakia during the Velvet Revolution to postcommunist Poland and Ukraine--offers a sweeping narrative filled with vivid details and memorable stories. He describes how liberalization, deregulation, and privatization had catastrophic effects on former Soviet Bloc countries.