John Maynard Keynes Minsky Hyman P.
John Maynard Keynes Minsky Hyman P. "Today, Mr. Hyman Minsky argues that what most economists consider Keynesian economics is at odds with the major points of Keynes's The General Theory of…
Specifikacia John Maynard Keynes Minsky Hyman P.
John Maynard Keynes Minsky Hyman P.
"Today, Mr. Hyman Minsky argues that what most economists consider Keynesian economics is at odds with the major points of Keynes's The General Theory of Employment, Interest, and Money. Minsky's view of economics] is more relevant than ever."- The New York Times "Indeed, the Minsky moment has become a fashionable catch phrase on Wall Street."-The Wall Street JournalJohn Maynard Keynes offers a timely reconsideration of the work of the revered economics icon.
Once uncertainty is given center stage, recurring episodes of financial system crises are all but inescapable. Keynes and Minsky refuse to ignore pervasive uncertainty. As Robert Barbera notes in a new preface, "Benign economic circumstances...invite increasingly aggressive financial market wagers.
Innovation in finance is a signature development in a capitalist economy. Once