IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/15049_9.html
   My bibliography  Save this book chapter

The General Theory after the subprime crisis: a Minskyan perspective

In: Keynes’s General Theory for Today

Author

Listed:
  • Elisabetta De Antoni

Abstract

The themes of this important new volume were chosen to mark the 75th anniversary of the publication of The General Theory of Employment, Interest and Money. The distinguished authors concentrate on the relevance of this seminal publication for macroeconomic theory, method and the politics of today. This is particularly pertinent as similarities with the 1930s are striking in terms of unemployment, low growth, financial fragility and the European monetary union resembling the gold standard.

Suggested Citation

  • Elisabetta De Antoni, 2012. "The General Theory after the subprime crisis: a Minskyan perspective," Chapters, in: Jesper Jespersen & Mogens Ove Madsen (ed.), Keynes’s General Theory for Today, chapter 9, pages 151-166, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:15049_9
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781781009512.00017.xml
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. 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.
    2. Hyman P. Minsky, 1991. "Financial Crises: Systemic or Idiosyncratic," Economics Working Paper Archive wp_51, Levy Economics Institute.
    3. L. Randall Wray, 2010. "What Do Banks Do? What Should Banks Do?," Economics Working Paper Archive wp_612, Levy Economics Institute.
    4. Hyman P. Minsky, 1980. "Capitalist Financial Processes and the Instability of Capitalism," Journal of Economic Issues, Taylor & Francis Journals, vol. 14(2), pages 505-523, June.
    5. Hyman P. Minsky, 1992. "The Capitalist Development of the Economy and the Structure of Financial Institutions," Economics Working Paper Archive wp_72, Levy Economics Institute.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Christine Sinapi, 2011. "Institutional Prerequisites of Financial Fragility within Minsky's Financial Instability Hypothesis: A Proposal in Terms of 'Institutional Fragility'," Economics Working Paper Archive wp_674, Levy Economics Institute.
    2. Samba Diop, 2016. "Minsky’s Analysis of Capitalist Development," Review of Radical Political Economics, Union for Radical Political Economics, vol. 48(2), pages 201-216, May.
    3. Charles Whalen, 2011. "Minsky Goes to Buffalo—and Takes on the Economics Establishment," Forum for Social Economics, Springer;The Association for Social Economics, vol. 40(2), pages 273-280, July.
    4. Juan Rafael Ruiz & Patricia Stupariu & Ángel Vilariño, 2024. "The weakest links in the crisis of the Spanish Savings Banks," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 654-664, January.
    5. Mariana Mazzucato & Caetano C.R. Penna, 2016. "Beyond market failures: the market creating and shaping roles of state investment banks," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 19(4), pages 305-326, October.
    6. Yulia Vymyatnina & Mikhail Pakhnin, 2014. "Application of Minsky's Theory to State-Dominated Economies," EUSP Department of Economics Working Paper Series 2014/03, European University at St. Petersburg, Department of Economics.
    7. Charles Whalen, 2011. "Minsky Goes to Buffalo—and Takes on the Economics Establishment," Forum for Social Economics, Taylor & Francis Journals, vol. 40(2), pages 273-280, January.
    8. Leszek Kąsek & Marek Lubiński, 2010. "Hyman Minsky – wczoraj i dziś," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 4(1), March.
    9. Yulia Vymyatnina & Mikhail Pakhnin, 2014. "Application of Minsky's Theory to State-Dominated Economies," EUSP Department of Economics Working Paper Series Ec-03/14, European University at St. Petersburg, Department of Economics.
    10. Eric Kemp‐Benedict, 2020. "Convergence of actual, warranted, and natural growth rates in a Kaleckian–Harrodian‐classical model," Metroeconomica, Wiley Blackwell, vol. 71(4), pages 851-881, November.
    11. Carlos Gustavo Cano, 2008. "Regulación y supervisión: La otra cara de la política monetaria," Borradores de Economia 4587, Banco de la Republica.
    12. Visser, H., 1985. "Solvency and liquidity of financial institutions and Minsky's theory of financial instability," Serie Research Memoranda 0015, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    13. Aglietta, Michel & Ahmed, Pepita Ould & Ponsot, Jean-François, 2014. "La monnaie, la valeur et la règle," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 16.
    14. Charles J. Whalen, 2011. "Human Resources: The Key to Institutional Economics after the Great Recession," Chapters, in: Steven Kates (ed.), The Global Financial Crisis, chapter 12, Edward Elgar Publishing.
    15. Ismail Senturk & Fiaz Ahmad Sulehri & Syeda Mehak Ali, 2022. "Financial Development and Innovation Led-Growth: A Case of Selected Developing Countries," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(3), pages 81-97, September.
    16. 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.
    17. Ettore Gallo & Gustavo Pereira Serra, 2020. "Inventories, Debt Financing and Investment Decisions: A Bayesian Analysis for the US Economy," Working Papers 2005, New School for Social Research, Department of Economics.
    18. Yannis Dafermos & Daniela Gabor & Jo Michell, 2023. "Institutional supercycles: an evolutionary macro-finance approach," New Political Economy, Taylor & Francis Journals, vol. 28(5), pages 693-712, September.
    19. Bruno Bonizzi, 2013. "Capital Flows to Emerging Markets: An alternative Theoretical Framework," Working Papers 186, Department of Economics, SOAS University of London, UK.
    20. Steven Kates (ed.), 2011. "The Global Financial Crisis," Books, Edward Elgar Publishing, number 14454.

    More about this item

    Keywords

    Economics and Finance;

    Statistics

    Access and download statistics

    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:elg:eechap:15049_9. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    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.