At its core this book sets out the analytical and methodological foundations of Minsky's financial instability hypothesis (FIH). Grounded on the joint work of Piero Ferri and Hyman Minsky, it offers insightful analysis from a unique insider's perspective. The objective is to dee…
At its core this book sets out the analytical and methodological foundations of Minsky's financial instability hypothesis (FIH). Grounded on the joint work of Piero Ferri and Hyman Minsky, it offers insightful analysis from a unique insider's perspective. The objective is to dee…
"No economist has written more incisively and provocatively on financial crisis than Hyman Minsky. This book from monetary economist Daniel H. Neilson provides a systematic overview of Minsky's thought, covering his entire body of work, revealing how financial crises arise not a…
No economist has written more incisively and provocatively on financial crisis than Hyman Minsky. Minsky is best known for his claim that "stability is destabilizing" - that the seeds of the bust are sown in the boom. This financial instability hypothesis received renewed attent…
No economist has written more incisively and provocatively on financial crisis than Hyman Minsky. This book from monetary economist Daniel H. Neilson provides a systematic overview of Minsky's thought, covering his entire body of work, revealing how financial crises arise not as…
"No economist has written more incisively and provocatively on financial crisis than Hyman Minsky. This book from monetary economist Daniel H. Neilson provides a systematic overview of Minsky's thought, covering his entire body of work, revealing how financial crises arise not a…
"No economist has written more incisively and provocatively on financial crisis than Hyman Minsky. This book from monetary economist Daniel H. Neilson provides a systematic overview of Minsky's thought, covering his entire body of work, revealing how financial crises arise not a…
1. The Minskian framework -- 2. From management capitalism to money manager capitalism -- 3. The great moderation and the growth of ponzi finance -- 4. Policy implications for finance -- 5. Policy implications for employment.
<P>The book studies the trends that led to the worst financial crisis since the Great Depression, as well as the unfolding of the crisis, in order to provide policy recommendations to improve financial stability. The book starts with changes in monetary policy and income distrib…
<P>The book studies the trends that led to the worst financial crisis since the Great Depression, as well as the unfolding of the crisis, in order to provide policy recommendations to improve financial stability. The book starts with changes in monetary policy and income distrib…
<P>The book studies the trends that led to the worst financial crisis since the Great Depression, as well as the unfolding of the crisis, in order to provide policy recommendations to improve financial stability. The book starts with changes in monetary policy and income distrib…
The book studies the trends that led to the worst financial crisis since the Great Depression, as well as the unfolding of the crisis, in order to provide policy recommendations to improve financial stability. The book starts with changes in monetary policy and income distributi…
The book studies the trends that led to the worst financial crisis since the Great Depression, as well as the unfolding of the crisis, in order to provide policy recommendations to improve financial stability. The book starts with changes in monetary policy and income distributi…