an introduction to the work of a maverick economist /
First Statement of Responsibility
L. Randall Wray.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
x, 273 pages ;
Dimensions
23 cm
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (pages 223-268) and index.
CONTENTS NOTE
Text of Note
Overview of Minsky's main contributions -- Where did we go wrong? Macroeconomics and the road not taken -- Minsky's early contributions : the financial instability hypothesis -- Minsky's views on money and banking -- Minsky's approach to poverty and unemployment -- Minsky and the global financial crisis -- Minsky and financial reform -- Conclusion : reforms to promote stability, democracy, security, and equality.
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SUMMARY OR ABSTRACT
Text of Note
"Perhaps no economist was more vindicated by the global financial crisis than Hyman P. Minsky (1919-96). Although a handful of economists raised alarms as early as 2000, Minsky's warnings began a half-century earlier, with writings that set out a compelling theory of financial instability. Yet even today he remains largely outside mainstream economics: few people have a good grasp of his writings, and fewer still understand their full importance. Why Minsky Matters makes the makes the maverick economist's critically valuable insights accessible to general readers for the first time"--Publisher's description.