Budapest, Hungary, October 1997. It was a gorgeous fall day, the sun sparkling off the Danube, the domed Royal Palace glinting on Buda Hill, smartly dressed shoppers strolling along the Vaci. Just a few years ago this place had been a fear-ridden Russian colony. Now everyone on the street was chattering away on a cell phone. Back in the Soviet days, only the Nomenklatura – the Communist elite – could get a telephone, and even they were terrified of talking freely. I was in Budapest speaking to a conference of international business leaders. Another speaker was a Moscow television news...