The Shifting Mode of Reproduction (SMR) model is used as a tool for analyzing some of the dynamic processes inherent in the USA in 1947—2010, the USSR in 1961—1990, and modern Russia in 1992—2016. In particular, the model has not only recorded a well-known fact of increasing inefficiency of fixed assets in the USSR, but also helped establish the main causes of this phenomenon. The model has been confirmed both by the fact of surplus savings growth at the hands of the population in the last years of the existence of the USSR, and the fact of the collapse of these savings in Russia in 1992—1994. Finally, using the SMR-model it is shown that despite serious difficulties in 2009—2015 the process of increasing the share of young fixed capital in the Russian economy has been identified, which indicates the beginning of qualitative changes in its structure.

No abstract

In an interview with the Nobel prize winner K. Arrow the authors discuss social preferences and interests, mathematization of economics, development of innovations, economic forecasting, regulation of financial institutions, and energy policy. Future forms and features of economics and the consequences of the global economic crisis are also touched upon.

Государственный патернализм и патерналистский провал в теории ... 39 рынка и связанной с ними государственной активности риски патерналистского провала государства могут быть снижены институтами гражданского общества и самоорганизации граждан за счет их влияния на формирование нормативных установок и ограничение произвола бюрократии. Ключевые слова: опекаемые блага; мериторные блага; провалы рынка; патернализм; провалы государства; управленческий провал; бюрократия.

The article is a part of a new book by the author — "The Birth of the Theory. Conversations with Prominent Economists" and is devoted to the polemics with R. Musgrave. The main topics of the discussion are public goods theory, irreducible needs of society, methodological individualism and the role of the state in the modern market economy.