"And there is no growth, and there is no happiness." Professor Alexander Auzan about the realities of the Russian economy
A new social contract was formed in Russian society: restrictions on consumption in exchange for a sense of belonging to a great power. Thanks to this, the Russians are ready to endure the decline in the real level of income and the deterioration of life. Moreover, if in the zero, when the country received a large income from oil rents, the phrase “there is growth, but there is no happiness, now it has changed -“ there is no growth, and there is no happiness ”.