Stablizing an Unstable Economy

ISBN-10: 0071592997
ISBN-13: 9780071592994
Edition: 2008
Authors: Hyman P. Minsky
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Book details

Copyright year: 2008
Publisher: McGraw-Hill Companies, The
Publication date: 5/5/2008
Binding: Hardcover
Pages: 350
Size: 6.25" wide x 9.25" long x 1.25" tall
Weight: 1.628
Language: English

Hyman P. Minsky, Ph.D.,an American economist, was the first to explain how uncertainty, risk, and financial markets drive the economy. He was a distinguished scholar at The Levy Economics Institute of Bard college, and taught at Washington University for 25 years.

Foreword
Preface and Acknowledgments to the First Edition
Minsky's Stabilizing an Unstable Economy: Two Decades Later
Introduction
Economic Processes, Behavior, and Policy
Economic Experience
A Deep Recession But Not a Depression in 1975: The Impact of Big Government
A Deep Recession But Not a Depression in 1975: The Impact of Lender-of-Last-Resort Intervention
The Emergence of Financial Instability in the Postwar Era
Economic Theory
Perspectives on Theory
The Current Standard Theory: The After-Keynes Synthesis
Prices and Profits in a Capitalist Economy
Investment and Finance
Financial Commitments and Instability
Institutional Dynamics
Banking in a Capitalist Economy
Inflation
Policy
Introduction to Policy
An Agenda for Reform
Financing Structures
Consumer Prices and Real Wages
Index

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