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Since Hyman Minsky's death in 1996, much has been written about financialization. This article - by means of the synthesis, interpretation, and assessment of an extensive literature - explores the issues that Minsky examined in the last decade of his life and considers their relationship to the...
Persistent link: https://www.econbiz.de/10012011809
Since the death of Hyman Minsky in 1996, much has been written about financialization. This paper explores the issues that Minsky examined in the last decade of his life and considers their relationship to that financialization literature. Part I addresses Minsky's penetrating observations...
Persistent link: https://www.econbiz.de/10011784682
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During the last decade of his life, Hyman Minsky drew on insights acquired from Joseph Schumpeter in an effort to explore the long-term development of capitalism. He believed such an exploration would underscore the economic implications of postwar financial-system innovations and could...
Persistent link: https://www.econbiz.de/10011935339
First paragraph: In the United States, the Fourth of July is usually a day of celebration. But the date has a darker meaning for families of more than a thousand workers in central New York. That is because Independence Day, 2004, was when Carrier Corporation halted its Syracuse-area production...
Persistent link: https://www.econbiz.de/10014362955
This article surveys the context and contours of contemporary Post-Keynesian Institutionalism (PKI). It begins by reviewing recent criticism of conventional economics by prominent economists as well as examining, against the backdrop of the current context, important research that paved the way...
Persistent link: https://www.econbiz.de/10014363160
This paper surveys the context and contours of contemporary Post-Keynesian Institutionalism (PKI). It begins by reviewing recent criticism of conventional economics by prominent economists as well as examining, within the current context, important research that paved the way for PKI. It then...
Persistent link: https://www.econbiz.de/10010318646