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What Would Minsky Do?

In: The Elgar Companion to Hyman Minsky

Author

Listed:
  • Marshall Auerback
  • Paul McCulley
  • Robert W. Parenteau

Abstract

This Companion provides a timely and engaging treatment of Hyman Minsky’s approach to economics, which is enjoying a renewed appreciation because of its prescient analysis of the slow but sure transformation of the capitalist economy in the post-war period. Many have called the global financial crisis that began in the United States in 2007 a ‘Minsky crisis’, and these original contributions demonstrate precisely why both academic economists as well as policymakers have turned to Minsky for guidance. The book brings together the foremost Minsky scholars to provide a comprehensive overview of his approach, with extensions to bring the analysis up to date.

Suggested Citation

  • Marshall Auerback & Paul McCulley & Robert W. Parenteau, 2010. "What Would Minsky Do?," Chapters, in: Dimitri B. Papadimitriou & L. Randall Wray (ed.), The Elgar Companion to Hyman Minsky, chapter 6, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13122_6
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    References listed on IDEAS

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    1. Dimitri Papadimitriou & L. Randall Wray, 1998. "The Economic Contributions of Hyman Minsky: varieties of capitalism and institutional reform," Review of Political Economy, Taylor & Francis Journals, vol. 10(2), pages 199-225.
    2. Hyman P. Minsky & Charles J. Whalen, 1996. "Economic Insecurity and the Institutional Prerequisites for Successful Capitalism," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 19(2), pages 155-170, December.
    3. L. Wray, 2008. "Lessons from the Subprime Meltdown," Challenge, Taylor & Francis Journals, vol. 51(2), pages 40-68.
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    Cited by:

    1. Antonio Torrero Mañas, 2014. "España, una recesión de balance," Working Papers 10/14, Instituto Universitario de Análisis Económico y Social.

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