Glazyev S.Yu. Poverty and Luster of the Russian Monetarists. Part 2. // Economics of contemporary Russia 2015.
¹3 (706) Ñ..
The paper characterizes some theoretical foundations,
historical origins and related modern justification of the economic policy held
in Russia nowadays. The mutually agreed postulate of such policy is that it
comes from dogmatic, false and harmful ideas about the use of automated
mechanisms of market self-organization and non-interference of the state in the
regulation aspects. Based initially on the wrong promises, the policy of modern
monetarists and monetarism had already led to economic stagnation, recession,
had deprived the economy of perspectives and impulses for development. Some recommendations
on Russia's withdrawal from the «funnel» of monetarist misconceptions to take
the way of sustainable economic development through the use of proven in the
successful states mechanisms and measures of state support are done.
Keywords: management
theory, macroeconomic stability, quantity theory of money, inflationary
expectations.