Financial Keynesianism and Market Instability
The Economic Legacy of Hyman Minsky, Volume I
During his lifetime Hyman Minsky made a seminal contribution to the development of financial Keynesianism. In this book, leading academics celebrate his work and explore his economic legacy.
Special attention is paid to his work on contemporary economic method, the Great Depression, the European single currency and the global financial system and recent banking and financial crises – in particular the crisis in Asia. An attempt is made to categorise Minsky’s brand of post Keynesianism and to compare his work with the Keynesian and Marxian traditions.
‘This collection of essays is a must-have for anyone writing or thinking about economic and financial stability. . . These essays not only vindicate Minsky’s theoretical approach to macroeconomics, but they also demonstrate why his framework is uniquely appropriate for the study of modern capitalist economies.’
– Stephanie A. Bell, Eastern Economic Journal
‘This two-volume set offers a timely tribute to Hyman Minsky. . . This collection of essays is a must-have for anyone writing or thinking about economic and financial stability. . . . These essays not only vindicate Minsky’s theoretical approach to macroeconomics, but they also demonstrate why his framework is uniquely appropriate for the study of modern capitalist economies.’
– Stephanie A. Bell, Eastern Economic Journal
‘The contributions to this volume celebrate, extend, and apply the innovative theoretical contributions of Hyman Minsky . . .’
– Rajiv Sethi, Journal of Economic Literature
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