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"Cycles, Growth and the Great Recession is a collection of papers that assess the nature and role of the business cycle in contemporary economies. These assessments are made in the context of the financial market instability that distinguishes the Great Recession from previous post-war...
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1. Introduction : Minsky on money, banking and finance / Dimitri B. Papadimitriou and L. Randall Wray -- 2. What would Minsky have thought of the mortgage crisis? / Jan Kregel -- 3. Minsky and economic policy : "Keynesianism" all over again? / Éric Tymoigne -- 4. Minsky in the "new" capitalism...
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"This book provides a systematic account of financial crisis in the developing world by exploring how Minsky's theory may be extended to countries at early stages of financial development, going beyond the parameters of the established "emerging market crisis" literature"--
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