Stabilizing an Unstable Economy
by Minsky, HymanEdition: 1st
Format: Hardcover
Pub. Date: 2008-05-05
Publisher(s): McGraw Hill
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Summary
With today's financial market turmoil rocking investments around the globe, market watchers say we're in a "Minsky moment," where financial crisis is inevitable. Stabilizing an Unstable Economy is now accessible to all money managers, traders, and economists in this new edition.
Author Biography
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.
Table of Contents
| Foreword | p. vii |
| Preface and Acknowledgments to the First Edition | p. ix |
| Minsky's Stabilizing an Unstable Economy: Two Decades Later | p. xi |
| Introduction | p. 1 |
| Economic Processes, Behavior, and Policy | p. 3 |
| Economic Experience | p. 13 |
| A Deep Recession But Not a Depression in 1975: The Impact of Big Government | p. 15 |
| A Deep Recession But Not a Depression in 1975: The Impact of Lender-of-Last-Resort Intervention | p. 43 |
| The Emergence of Financial Instability in the Postwar Era | p. 77 |
| Economic Theory | p. 107 |
| Perspectives on Theory | p. 109 |
| The Current Standard Theory: The After-Keynes Synthesis | p. 129 |
| Prices and Profits in a Capitalist Economy | p. 157 |
| Investment and Finance | p. 191 |
| Financial Commitments and Instability | p. 219 |
| Institutional Dynamics | p. 247 |
| Banking in a Capitalist Economy | p. 249 |
| Inflation | p. 283 |
| Policy | p. 317 |
| Introduction to Policy | p. 319 |
| An Agenda for Reform | p. 327 |
| Financing Structures | p. 371 |
| Consumer Prices and Real Wages | p. 381 |
| Index | p. 385 |
| Table of Contents provided by Ingram. All Rights Reserved. |
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