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Methodology and Microeconomics in the Early Work of Hyman P. Minsky

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Jan Toporowski
Abstract

This paper reviews the recently published Ph.D. thesis of Hyman P. Minsky, summarizing its main contributions to methodology and microeconomics. These were aspects of economics with which Minsky is not usually associated, but which lie at the foundation of his later work. They include critical remarks on Cambridge economics. The paper then draws out some antecedents of Minsky's ideas in the work of Henry Simons, and highlights the Marshallian monetary analysis that he adopted.

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Paper provided by Levy Economics Institute, The in its series Economics Working Paper Archive with number wp_480.

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Date of creation: Nov 2006
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Handle: RePEc:lev:wrkpap:wp_480

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  1. Ronnie Phillips, 1992. "The 'Chicago Plan' and New Deal Banking Reform," Economics Working Paper Archive 76, Levy Economics Institute, The. [Downloadable!]
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