Can It Happen Again?
essays on instability and finance
$35.19
- Paperback
344 pages
- Release Date
11 April 2016
Summary
In the winter of 1933, the American financial and economic system collapsed. Since then economists, policy makers and financial analysts throughout the world have been haunted by the question of whether “It” can happen again. In 2008 “It” very nearly happened again as banks and mortgage lenders in the USA and beyond collapsed. The disaster sent economists, bankers and policy makers back to the ideas of Hyman Minsky – whose celebrated ‘Financial Instability Hypothesis’ is widely regarded as…
Book Details
| ISBN-13: | 9781138641952 |
|---|---|
| ISBN-10: | 1138641952 |
| Author: | Hyman Minsky |
| Publisher: | Taylor & Francis Ltd |
| Imprint: | Routledge |
| Format: | Paperback |
| Number of Pages: | 344 |
| Release Date: | 11 April 2016 |
| Weight: | 560g |
| Dimensions: | 234mm x 156mm |
| Series: | Routledge Classics |
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What They're Saying
Critics Review
“It is time to revive an old issue: Just how inherently unstable are economies? But instead of getting much guidance these days from contemporary economists, we need to turn to some of the giants from the past. The work of Hyman Minsky…is especially on the mark.” The New York Times
“Today, his views are reverberating from New York to Hong Kong as economists and traders try to understand what’s happening in the markets… Indeed, the Minsky moment has become a fashionable catch phrase on Wall Street.” The Wall Street Journal
“There are few better places to begin the serious study of financial questions than with Can “It” Happen Again? – the work of the most insightful observer of finance in the economics profession today.”Robert Pollin, Monthly Review
“Minsky’s essays are creative, sophisticated and wise. He has an important message for economists and a wider public.” Journal of Economic Issues
“The most significant economic event of the era since World War II is something that has not happened: there has not been a deep and long-lasting depression.”From the Introduction.
About The Author
Hyman Minsky
Hyman Minsky
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