Young adults with a college degree have fared much better in the labor market than their less educated counterparts, which has in turn made it easier to establish their own households.

Young adults with a college degree have fared much better in the labor market than their less-educated counterparts, which has in turn made it easier to establish their own households.

Unlike businessmen of Mr Khodorkovsky’s type, who made their first money in the market, the bureaucrat-entrepreneurs have prospered by dividing up budget revenues and by racketeering.