The Age of Growth: Lectures on Neoeconomics. The Rise and Fall of the Global Economic System

Why are some nations prosperous while others remain impoverished, despite persistent efforts to improve? What factors truly drive economic growth? In this thought-provoking book, Oleg Grigoriev delves into these fundamental questions, arriving at a surprising conclusion: the wave of economic expansion witnessed over the past two centuries stems from a unique confluence of circumstances within the 18th-century global economic system. However, the initial impetus for this growth has long been exhausted.

Unraveling the Mysteries of Economic Development

The Age of Growth explores the intricate mechanisms behind economic prosperity and decline. Grigoriev challenges conventional wisdom, offering a fresh perspective on the forces shaping our world. He examines the historical context of economic growth, identifying the key elements that propelled certain nations to success while others lagged behind. The book delves into the concept of "Neoeconomics," providing a framework for understanding the complexities of the modern economic landscape.

Can We Control Our Economic Destiny?

Are we capable of steering economic development, or are we destined to face a slow decline, potentially culminating in disaster? The answer remains elusive. However, the insights presented in this book, grounded in a deep understanding of the real mechanisms of economic development, can serve as a foundation for formulating the necessary solutions. Grigoriev's work offers a critical lens through which to examine current economic challenges and consider alternative paths forward.

The Crucial Role of the Division of Labor

Oleg Grigoriev's analysis rests on an original concept: the decisive role of the division of labor in driving economic progress. He argues that a sophisticated and efficient division of labor is essential for sustained growth and prosperity. The book explores the implications of this concept for various aspects of economic policy and development strategy.

Who Should Read This Book?

The Age of Growth is an essential read for:

• Economists and researchers seeking a fresh perspective on economic development
• Policymakers and government officials grappling with complex economic challenges
• Students of economics and related fields looking to deepen their understanding of global economic systems
• Anyone interested in the forces shaping our world and the future of economic prosperity

About the Author

Oleg Grigoriev is a graduate of the Faculty of Economics at Moscow State University and a former researcher at the Central Economic Mathematical Institute of the USSR Academy of Sciences. He has worked in the Supreme Soviet, the State Duma, and the Economic Directorate of the President of the Russian Federation. He holds the rank of State Advisor of the 1st Class. Since 2012, he has been the founder and scientific director of the Oleg Grigoriev Research Center "Neoeconomics."

Why Choose This Book?

The Age of Growth offers a unique and insightful analysis of the forces driving economic development. It challenges conventional wisdom, provides a fresh perspective on the challenges facing the global economy, and offers a framework for understanding the complexities of the modern economic landscape. If you are looking for a thought-provoking and informative read that will deepen your understanding of economics, this book is for you.