On Christmas Day in 1991, Mikhail Gorbachev resigned as president of the Soviet Union. Ukraine’s referendum was also finalized and Ukraine officially left the Soviet Union.
The Soviet Union itself dissolved the next day, in what might be described as the “best belated Christmas present ever.”
On December 25, 1910, economist Rose Director Friedman was born. She may be best known as the wife of Nobel Laureate economist Milton Friedman, and co-author with her husband of the bestseller “Free to Choose.”