“Today, Mr. 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 Journal John Maynard Keynes offers a timely reconsideration of the work of the revered economics icon. 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. Keynes and Minsky refuse to ignore pervasive uncertainty. Once uncertainty is given center stage, recurring episodes of financial system crises are all but inescapable. 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 leveraged wagers are in place, small disappointments can have exaggerated consequences.” Thus for Minsky economic calm on Main Street engenders financial system fragility which, in turn, ensures a perpetuation of boom and bust cycles. Minsky colleagues Dimitri B. Papadimitriou and L. Randall Wray write in a new introduction, “We offer this new edition, in the hope that it will contribute to the reformation of economic theory so that it can address the world in which we actually live-the world that was always the topic of Minsky's analysis.”

John Maynard Keynes

Business & Money

Minsky, Hyman P.

Economics

McGraw=Hill

âToday, Mr. Minsky's view [of economics] is more relevant than ever.â- The New York Times âIndeed, the Minsky moment has become a fashionable catch phrase on Wall Street.â-The Wall Street Journal John Maynard Keynes offers a timely reconsideration of the work of the revered economics icon. 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. Keynes and Minsky refuse to ignore pervasive uncertainty. Once uncertainty is given center stage, recurring episodes of financial system crises are all but inescapable. As Robert Barbera notes in a new preface, âBenign economic circumstancesâ¦invite increasingly aggressive financial market wagers. Innovation in finance is a signature development in a capitalist economy. Once leveraged wagers are in place, small disappointments can have exaggerated consequences.â Thus for Minsky economic calm on Main Street engenders financial system fragility which, in turn, ensures a perpetuation of boom and bust cycles. Minsky colleagues Dimitri B. Papadimitriou and L. Randall Wray write in a new introduction, âWe offer this new edition, in the hope that it will contribute to the reformation of economic theory so that it can address the world in which we actually live-the world that was always the topic of Minsky's analysis.â

Columbia Univ. Pr.

Examines the causes of turbulence in the American economy and recommends government policies for improving the stability of the economy

Stabilizing an Unstable Economy: A Twentieth Century Fund Report (20th Century Fund Report)

Yale University Press

Stabilizing an Unstable Economy: A Twentieth Century Fund Report

Can "It" Happen Again?: Essays on Instability and Finance

First Published in 2015. Routledge is an imprint of Taylor&amp;Francis, an informa company.

Routledge

The Federal Reserve Archival System for Economic Research (FRASER) started in 2004 as a data preservation and accessibility project of the Federal Reserve Bank of St. Louis. FRASER's mission is to safeguard and provide easy access to the nation's economic history-particularly the history of the Federal Reserve System-through digitization of documents related to the U.S. financial system.   FRASER preserves and provides access to economic and banking data and policy documents. To this end, various types of documents have been digitized, including: publications of the Board of Governors of the Federal Reserve System, publications of District Federal Reserve Banks, states and speeches of Federal Reserve policymakers, archival materials of Federal Reserve policymakers, government data publications, statistical releases, books and Congressional hearings.

Fundamental Reappraisal of the Discount Mechanism: Financial Instability Revisited: The Economics of Disaster

Politics & Social Sciences

Politics & Government

BiblioGov

This work presents a comprehensive history and evaluation of the role of the 100 percent reserve plan in the banking legislation of the New Deal reform era from its inception in 1933 to its re-emergence in the current financial reform debate in the US.

The Chicago Plan and New Deal Banking Reform

Phillips, Ronnie J.

This work presents a comprehensive history and evaluation of the role of the 100 percent reserve plan in the banking legislation of the New Deal reform era from its inception in 1933 to its re-emergence in the current financial reform debate in the US.

The Chicago Plan & New Deal Banking Reform

Political Economy for the 21st Century

This text provides an alternative to conventional economics, drawing on the neoclassical and non-neoclassical insights of Lester Thurow, Robert Heilbroner, Alice Amsden, Barry Bluestone and 11 other prominent economists from America and England. It is intended to provide productive analyses of several contemporary economic problems.

Political Economy for the 21st Century: Contemporary Views on the Trend of Economics

Whalen, Charles J.

This text provides an alternative to conventional economics, drawing on the neoclassical and non-neoclassical insights of Lester Thurow, Robert Heilbroner, Alice Amsden, Barry Bluestone and 11 other prominent economists from America and England. It is intended to provide productive analyses of several contemporary economic problems.

See the best price to sell, buy, or rent books by Minsky, Hyman P.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Minsky, Hyman P.

See the best price to sell, buy, or rent books by Minsky, Hyman P.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

John Maynard Keynes

John Maynard Keynes

Stabilizing an Unstable Economy: A Twentieth Century Fund Report (20th Century Fund Report)

Stabilizing an Unstable Economy: A Twentieth Century Fund Report

Can "It" Happen Again?: Essays on Instability and Finance

Fundamental Reappraisal of the Discount Mechanism: Financial Instability Revisited: The Economics of Disaster

The Chicago Plan and New Deal Banking Reform

The Chicago Plan & New Deal Banking Reform

Political Economy for the 21st Century: Contemporary Views on the Trend of Economics

Political Economy for the 21st Century