Heterodox Economists, Part 3: Hyman Minsky
Ones and Tooze
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Minsky's Warning: The Fragility of Stability
This chapter explores Hyman Minsky's theories on financial instability, emphasizing the paradox that stability can lead to greater risks of crises. It analyzes the evolution of financial systems, the role of government intervention, and historical shifts in economic policy through Minsky's lens.
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