Wednesday, July 20, 2016

Minsky's financial instability hypothesis


From Boom, Bust, Boom. Not the best explanation, but accessible. In this version is all about confidence, which is not particularly heterodox. Btw, slow posting will continue until mid-August.

No comments:

Post a Comment

On Money and the Interest Rate

David Fields (guest blogger) A capitalist economy is a monetized production system, that is, economic activity is predicated upon the extent...