Wray, L. Randall (contributor) - 2007
This paper uses Hyman P. Minsky’s approach to analyze the current international financial crisis, which was initiated …, appraisers, borrowers, securitizers, insurers, and regulatorsin creating the crisis. Finally, it proposes short-run solutions to … the current crisis, as well as longer-run policy to prevent itʺ (a debt deflation) from happening again. -- Hymann Minsky …