Glazyev
S.Yu. Poverty and Luster of the Russian
monetarists. Part 1. // Economics of contemporary
Russia 2015. ¹2 (69) Ñ.7-21.
Theoretical
foundations, historical origins and related modern justification of the
economic policy held in Russia are characterized. The mutually agreed postulate
of such a policy is that it comes from dogmatic, false and harmful ideas about
the utility of automated activity of market self-organization mechanisms and
non-interference of the state in the regulation issues. Based initially on the
wrong policy promises, the policy of modern monetarists and monetarism have
served as economic stagnation, recession, deprived of perspectives and impulses
for development. Some recommendations on the withdrawal of Russia from the
«funnel» of monetarist misconceptions to come to the way of sustainable
economic development through the use of mechanisms and measures of state
support proven in the successful states are provided.
Keywords: management
theory, macroeconomic stability, quantity theory of money, inflationary
expectations.