Stabilizing an Unstable Economy
Mr. Minsky long argued markets were crisis prone. His 'moment' has arrived. -The Wall Street JournalIn his seminal work, Minsky presents his groundbreaking financial theory of investment, one that is startlingly relevant today. He explains 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. Stabilizing an Unstable Economy covers:The natural inclination of complex, capitalist economies toward instabilityBooms and busts as unavoidable results of high-risk lending practices Speculative finance and its effect on…
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Produktdetails
- ISBN: 978-0-07-159299-4
- EAN: 9780071592994
- Produktnummer: 3486695
- Verlag: Mcgraw Hill Book Co
- Sprache: Englisch
- Erscheinungsjahr: 2008
- Seitenangabe: 395 S.
- Masse: H23.6 cm x B15.6 cm x D3.0 cm 771 g
- Gewicht: 771
Über den Autor
Hyman P. Minsky, Ph.D., was an American economist who studied under Joseph Schumpeter and Wassily Leontief. He taught economics at Washington University, University of California--Berkeley, Brown University, and Harvard University. Minsky joined the Jerome Levy Economics Institute of Bard College as a distinguished scholar in 1990, where he continued his research and writing until a few months before his death in October, 1996. His two seminal books were Stabilizing an Unstable Economy and John Maynard Keynes.
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