IDEAS home Printed from https://ideas.repec.org/a/oup/cambje/v45y2021i2p391-409..html
   My bibliography  Save this article

Minsky’s legacy: two strands

Author

Listed:
  • Dirk J Bezemer

Abstract

This review article assesses the legacy of Hyman Minsky on the occasion of two newly published books. It identifies two strands of research building on Minsky’s ideas and his research practice, which was eclectic. These two strands draw inspiration from, respectively, a ‘Money View Minsky’ and a ‘Model Minsky’. They represent different ways of doing economics, and they highlight, respectively, the microeconomic and macroeconomic dimensions of the Minskian analysis. Their compatibility hinges on the contested issue of aggregation in the financial instability hypothesis. This paper presents reviews of the books, and it highlights the diversity and the tensions in interpretations of Minsky’s work.

Suggested Citation

  • Dirk J Bezemer, 2021. "Minsky’s legacy: two strands," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 45(2), pages 391-409.
    • Handle: RePEc:oup:cambje:v:45:y:2021:i:2:p:391-409.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/cje/beaa059
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:cambje:v:45:y:2021:i:2:p:391-409.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/cje .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.