Stabilizing an Unstable Economy - Hyman Minsky

Stabilizing an Unstable Economy

(Autor)

Buch | Hardcover
432 Seiten
2008
McGraw-Hill Professional (Verlag)
978-0-07-159299-4 (ISBN)
54,85 inkl. MwSt
With the financial market turmoil rocking investments around the globe, market watchers say we're in a "Minsky moment," where financial crisis is inevitable. This book is suitable for money managers, traders, and economists.
“Mr. Minsky long argued markets were crisis prone. His 'moment' has arrived.” -The Wall Street Journal

In his seminal work, Minsky presents his groundbreaking financial theory of investment, one that is startlingly relevant today. He explains why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns-and why the economy is now undergoing a credit crisis that he foresaw. Stabilizing an Unstable Economy covers:



The natural inclination of complex, capitalist economies toward instabilityBooms and busts as unavoidable results of high-risk lending practices “Speculative finance” and its effect on investment and asset prices Government's role in bolstering consumption during times of high unemploymentThe need to increase Federal Reserve oversight of banks
Henry Kaufman, president, Henry Kaufman & Company, Inc., places Minsky's prescient ideas in the context of today's financial markets and institutions in a fascinating new preface. Two of Minsky's colleagues, Dimitri B. Papadimitriou, Ph.D. and president, The Levy Economics Institute of Bard College, and L. Randall Wray, Ph.D. and a senior scholar at the Institute, also weigh in on Minsky's present relevance in today's economic scene in a new introduction.

A surge of interest in and respect for Hyman Minsky's ideas pervades Wall Street, as top economic thinkers and financial writers have started using the phrase “Minsky moment” to describe America's turbulent economy. There has never been a more appropriate time to read this classic of economic theory.

Hyman P. Minsky, Ph.D., was an American economist who studied under Joseph Schumpeter and Wassily Leontief. He taught economics at Washington University, University of California--Berkeley, Brown University, and Harvard University. Minsky joined the Jerome Levy Economics Institute of Bard College as a distinguished scholar in 1990, where he continued his research and writing until a few months before his death in October, 1996. His two seminal books were Stabilizing an Unstable Economy and John Maynard Keynes.

Sprache englisch
Maße 160 x 236 mm
Gewicht 745 g
Themenwelt Wirtschaft Allgemeines / Lexika
Wirtschaft Betriebswirtschaft / Management
Wirtschaft Volkswirtschaftslehre Makroökonomie
Schlagworte Stabilität (Wirtschaft)
ISBN-10 0-07-159299-7 / 0071592997
ISBN-13 978-0-07-159299-4 / 9780071592994
Zustand Neuware
Haben Sie eine Frage zum Produkt?
Mehr entdecken
aus dem Bereich
Volkswirtschaftslehre für eine sich ändernde Welt

von CORE Economics Education

Buch | Hardcover (2024)
De Gruyter Oldenbourg (Verlag)
44,95
Kompakt und prüfungsrelevant für Wirtschaftswissenschaftler

von Josef Bleymüller; Rafael Weißbach; Achim Dörre

Buch | Softcover (2021)
Vahlen, Franz (Verlag)
11,90
Makroökonomie, Wirtschaftspolitik und nachhaltige Entwicklung

von Reiner Clement; Wiltrud Terlau; Manfred Kiy …

Buch | Hardcover (2022)
Vahlen (Verlag)
49,80