The author of scholarly materials under review is a prominent Russian scholar, Doctor of Economics Prof. Mamikon S. Airapetian, the Leading Researcher of the Department of Macroeconomic Forecasting and Planning of the Financial University (FinU), Moscow, Russia. In his book entitled World Civilizations and Economic Cycles: A Comparative Historical Analysis (Airapetian, 2020) Dr. Airapetian introduces an original, fundamental paradigm of global history. In order to substantiate and present his ideas, the author turns to a vast array of classical and contemporary scholarly sources as well as introduces a significant number of new concepts, such as, for example, the notions of “time paradox” and “cyclical wheel of time.”