Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
John Maynard Keynes

John Maynard Keynes

Minsky, Hyman P.

Paperback

Business GeneralEconomics

ISBN10: 0071593012
ISBN13: 9780071593014
Publisher: McGraw-Hill Companies
Published: May 7 2008
Pages: 181
Weight: 0.58
Height: 0.50 Width: 6.32 Depth: 9.01
Language: English

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.

Also from

Minsky, Hyman P.

View All

Also in

Economics

View All