H
Hyman P. Minsky
Researcher at Levy Economics Institute
Publications - 86
Citations - 9478
Hyman P. Minsky is an academic researcher from Levy Economics Institute. The author has contributed to research in topics: Investment (macroeconomics) & Aggregate demand. The author has an hindex of 32, co-authored 86 publications receiving 9219 citations. Previous affiliations of Hyman P. Minsky include Washington University in St. Louis & University of Washington.
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Book
Stabilizing an Unstable Economy
TL;DR: In his seminal work, Minsky presents his groundbreaking financial theory of investment, one that is startlingly relevant today as mentioned in this paper, explaining why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns and why the economy is now undergoing a credit crisis that he foresaw.
Book
John Maynard Keynes
TL;DR: Barbera and Wray as discussed by the authors argue that economic calm on Main Street engenders financial system fragility which, in turn, ensures a perpetuation of boom and bust cycles.
Journal ArticleDOI
The Financial Instability Hypothesis
TL;DR: The Financial Instability Hypothesis (FIH) as mentioned in this paper is a model of a capitalist economy that does not rely on exogenous shocks to generate business cycles of varying severity: business cycles are compounded out of the internal dynamics of capitalist economies, and (ii) the system of interventions and regulations that are designed to keep the economy operating within reasonable bounds.
Book
Can "It" Happen Again? Essays on Instability and Finance
TL;DR: Toporowski as discussed by the authors presents some of Minsky's most important economic theories, including microeconomic theory, the evolution of monetary institutions, and Federal Reserve policy, and concludes that financial instability need not lead to a great depression.