How much is a human life worth? Why are some countries poor and others rich? How to fight corruption? How to reform and regulate natural monopolies? Do we need import duties, migration, a Stabilization Fund, an independent Central Bank, developed financial markets? Is there a place for Russia in the global economy and whose interests do anti-globalists protect? What to do with the oligarchs and how does the vertical of political power affect the competitiveness of the Russian economy? These and other economic issues are actively discussed every day in the media. Moreover, very often comments on such issues are given by people who are not professional economists. Illiterate statements by politicians and journalists give people a distorted idea of economic patterns and approaches to solving practical problems. In his book “Myths of Economics,” the famous Russian economist Sergei Guriev in an accessible form sets out the achievements of world economic science that are relevant for Russia and helps the reader understand the numerous economic misconceptions and stereotypes prevailing in the public consciousness. 4th edition.