Minsky
- ISBN: 9781509528509
- Editorial: Polity Press
- Fecha de la edición: 2019
- Lugar de la edición: Cambridge. Reino Unido
- Colección: Key Contemporary Thinkers
- Encuadernación: Rústica
- Medidas: 23 cm
- Nº Pág.: 224
- Idiomas: Inglés
Minsky is best known for his claim that 'stability is destabilizing' - that the seeds of the bust are sown in the boom. This financial instability hypothesis received renewed attention - and substantial confirmation - in the global financial crisis of 2008. Minsky's insights are not limited to moments of crisis; they grow out of a comprehensive and critical theory of financial capitalism. This book provides a systematic overview of Minsky's thought, covering his entire body of work. It shows how financial crises arise not as exceptions, but out of the normal operation of a financial capitalist system. It explains why Minsky's theories sit uncomfortably with economics and what efforts have been made to integrate them, and shows how Minsky's work can be incorporated in other fields of social thought.
