The "War on Poverty" after 40 Years: A Minskyan Assessment
AbstractHyman Minsky is best known for his work in the area of financial economics, and especially for his financial instability hypothesis. In recent years, some authors have also recognized his advocacy of the "employer of last resort" as part of his "big government" intervention to help maintain stability. However, very little research has been undertaken regarding MinskyÕs early involvement in the "War on Poverty." This paper will trace the development of Minsky's thinking on antipoverty policies to his support for welfare reform and federal job creation programs.
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Bibliographic InfoPaper provided by Levy Economics Institute in its series Economics Working Paper Archive with number wp_404.
Date of creation: Apr 2004
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Other versions of this item:
- Stephanie Bell & L. Randall Wray, . "The War on Poverty After 40 Years: A Minskyan Assessment," Economics Public Policy Brief Archive ppb_78, Levy Economics Institute.
- L. Randall Wray & Stephanie A. Bell, 2004. "The 'War on Poverty' after 40 Years: A Minskyan Assessment," Macroeconomics 0404034, EconWPA.
- I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- H5 - Public Economics - - National Government Expenditures and Related Policies
- H6 - Public Economics - - National Budget, Deficit, and Debt
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Economics Working Paper Archive
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