This article considers the formation of new "market psychology" in the situation of pyramid globalization and liberalization as a general precondition of the current crisis. The basic elements of this psychology include a shift of U.S. households from savings behavior to credit-dependent...

Russian economic science, after freeing itself from the procrustean bed of social class determinism, found itself confronted by three Western approaches to the description of economic systems. The first is based on the universal significance of the uniform, immutable principles of a rational...

The abundance of Nobel Prize winners in economics attests to the rapid development of the science in the West in the postwar decades and to the recognition of its attainments. But this era did not give birth to a new Keynes, or a Veblen, or a Marshall, to anyone who would be on a par with the...