The purpose of this article is to reveal the heritage of Ukrainian economic thought, which in the second half of the 19th – at the beginning of the 20th century created the foundation of its identity and received world recognition, but was subsequently forgotten for a long period under the pressure of Soviet ideology. The new circumstances of Russian aggression and hybrid attacks with the promotion of narratives about the inferiority of the Ukrainian people and their statehood have prompted this analysis. Our scientists, even in the bosom of the Russian Empire, managed to form an original and highly intellectual theory of economic science with a world recognition, which pioneered not only in scientific developments, but also in terms of the influence on economic policy of the Russian Empire, and practical implementation in European countries. The essence of the study is to display the content of scientific developments by the representatives of Ukrainian economic thought, to substantiate its national identity, and its difference from the Russian one, and to confirm the influence of Ukrainian economists on the development of economic science in the bosom of the Russian Empire. The authors clarify the characteristic features of the establishment of Ukrainian economic thought in the Russian Empire, the general and special study of phenomena and processes, and their connection with economic policy. Highlighted the role and significance of the activities of the representatives of Ukrainian economic thought in the implementation of economic policy, and establishing morality in scientific research. The practical significance of the contribution made to the world economic science by Ukrainian economists in the Russian Empire is largely determined by the relevance of their deep understanding of national identity. For modern economists, it is important to study their scientific heritage, which even today remains a foundation in the development of Ukrainian economic science.
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