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The psychology of financial markets: Keynes, Minsky and emotional finance

Listed author(s):
  • Sheila Dow

    (SCEME, University of Stirling)

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.

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File URL: http://www.sceme.org.uk/wps/SCEME022_Dow_2008.pdf
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Paper provided by SCEME in its series SCEME Working Papers: Advances in Economic Methodology with number 022/2008.

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Length: 15 pages
Date of creation: May 2008
Handle: RePEc:sti:wpaper:022/2008
Contact details of provider: Web page: http://www.sceme.org.uk/
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