These turn of events seem inevitable from a Minskyan perspective. Hyman Minsky was an American economist who worked and contributed to economic thought through the mid to latter half of the ...
On September 1, 1715, the most powerful monarch in Europe, Louis XIV, passed away just four days shy of his 77th birthday.
In his piece, Steve criticized the methodology used by Paul Krugman and argued that Krugman could learn a lot from Minsky. In his piece, Steve criticized the methodology used by Paul Krugman and ...
It takes its name from the economist Hyman Minsky, who understood that market optimism with inadequate regulation could push key assets like fossil fuels into a bubble of unjustified valuations.
Economists get guidance here from the late Hyman Minsky, whose work emphasized how “financial fragility” in a capitalist economy threatens not only financial firms and sectors, but potentially ...
Hyman Minsky, another pillar of economics for progressives, attempted to unite Joseph Schumpeter (Austrian school) and Keynes to understand how to stabilize an unstable economy. By the way, this ...
A structural understanding of money and finance becomes even more important in an increasingly digitalised and cashless world ...
Universal Basic Income (UBI) is a concept gaining traction globally, offering citizens a regular payment without conditions.
Markets are once again at a possible inflection point – and a deeply negative one at that. Last week’s sudden escalation in ...
Hope springs eternal in the financial markets. Despite a series of world financial sector crises over the past year, triggered by the world’s major central banks’ abrupt shift to monetary ...
Economics has always had a strange and much-debated relationship with money. For a long time, economists – including Nobel ...
Many of the ingredients seem to be there for another Minsky moment, named after the US economist Hyman Minsky – the point where markets and economies, overwhelmed by debt, suddenly collapse.