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.


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