It is shown that pulsar statistics are in good agreement with the theory of current (plasma) energy losses of a neutron star. Up to now two theories of pulsar braking have been considered. The first well known model is connected with the radiation of vacuum magneto-dipole waves (Ostriker and Gunn 1969). However, according to the electrodynamical theory of pulsars, the presence of a rather dense plasma in the magnetosphere of a neutron star leads inevitably to a complete suppression of magneto-dipole losses—the dynamics of the stellar slow down is determined by the longitudinal current only (Beskin, Gurevich, and Istomin 1983).