The scholars of the History of Economic Thought, irrespective of their ideological school, have always regarded Adam Smith as the founding father of the discipline of political economy. Particularly, the first seeds of the economics discipline were believed to be sowed by An Inquiry into the...

The framework of Financial Instability Hypothesis consist of a holistic approach to the changes within the capitalist economy of the United States and the evolution of the financial structure of the economy. Hyman Minsky always emphasized the importance of finance in the capitalist system and...