Historians in Latvia have substantial experience in scientific, as well as civil life. One of their cognitions is – the more ancient is history, the easier and more reasonable are research results about this period. History shorter than 100 years is too short for unbiased research – better is not to start. Nevertheless there are historians who try to describe recent history, and Gatis Krumiņš is one of them. His book „History of Latvian national economy” (2017) has encouraged the author of this article to tell his own version of the recent history.