"Macroeconomics Meets Hyman P. Minsky: The Financial Theory of Investment" [PDF]
Expanding on an approach developed by financial economist Hyman Minsky, the authors of this new working paper present an alternative to the standard "efficient markets hypothesis"--the relevance of which Minsky vehemently denied.
Eric Tymoigne, L. Randall Wray
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Post-Keynesian institutionalism after the great recession [PDF]
, 2012 This paper surveys the context and contours of contemporary Post-Keynesian Institutionalism (PKI). It begins by reviewing recent criticism of conventional economics by prominent economists as well as examining, within the current context, important ...
Whalen, Charles J.
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"The U.S. Credit Crunch of 2007: A Minsky Moment" [PDF]
It is now clear that most economists underestimated the widening economic impact of the credit crunch that has shaken U.S. financial markets since at least mid-July.
Charles J. Whalen
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Speculative bubbles and herding in cryptocurrencies. [PDF]
Financ Innov, 2022 Haykir O, Yagli I.
europepmc +1 more source
Objectives of the Review of Evolutionary Political Economy's 'Manifesto' and editorial proposals on world problems, complex systems, historico-institutional and corruption issues. [PDF]
Rev Evol Polit Econ, 2021 O'Hara PA.
europepmc +1 more source
"Minsky's Analysis, the European Single Currency, and the Global Financial System" [PDF]
The paper begins with a brief review of the main ideas associated with Hyman Minsky and their implications for economic policy and the achievement of full employment.
Malcolm Sawyer
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A simplified stock-flow consistent dynamic model of the systemic financial fragility in the 'New Capitalism' [PDF]
In the last few years, many financial analysts and heterodox economists (but even some ‘dissenters’ among orthodox economists) have referred to the contribution of Hyman P. Minsky as fundamental to understanding the current crisis.
Marco, Passarella
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Rediscovering Fiscal Policy Through Minskyan Eyes [PDF]
Recent developments in macroeconomic policy, both in terms of theory and practice, have elevated monetary policy while fiscal policy has been downgraded.
Elisabetta De Antoni, Philip Arestis
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"Methodology and Microeconomics in the Early Work of Hyman P. Minsky" [PDF]
This paper reviews the recently published Ph.D. thesis of Hyman P. Minsky, summarizing its main contributions to methodology and microeconomics. These were aspects of economics with which Minsky is not usually associated, but which lie at the foundation ...
Jan Toporowski
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Stability is destabilizing. These three words concisely capture the insight that underlies Hyman Minsky's analysis of the economy's transformation over the entire postwar period.
L. Randall Wray
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