Archive for December, 2019

Minsky Explains Financial Instability

Michael Stephens | December 10, 2019

In this rare video from 1987 (there is very little surviving footage of Minsky discussing his work), Hyman Minsky summarizes his theory of the financial fragility at the heart of modern capitalist economies:

This was part of an event in Bogotá, Colombia (which is discussed in this working paper by Iván D. Velasquez).

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