- This topic has 0 replies, 1 voice, and was last updated 6 months, 1 week ago by .
- You must be logged in to reply to this topic.
John Maynard Keynes
by Hyman P. Minsky
About The Book
“Today, Mr. Minsky’s view [of economics] is more relevant than ever.”- The New York Times
“Indeed, the Minsky moment has become a fashionable catch phrase on Wall Street.”-The Wall Street Journal
John Maynard Keynes offers a timely reconsideration of the work of the revered economics icon. Hyman Minsky argues that what most economists consider Keynesian economics is at odds with the major points of Keynes’s The General Theory of Employment, Interest, and Money. Keynes and Minsky refuse to ignore pervasive uncertainty. Once uncertainty is given center stage, recurring episodes of financial system crises are all but inescapable. As Robert Barbera notes in a new preface, “Benign economic circumstances…invite increasingly aggressive financial market wagers. Innovation in finance is a signature development in a capitalist economy. Once leveraged wagers are in place, small disappointments can have exaggerated consequences.” Thus for Minsky economic calm on Main Street engenders financial system fragility which, in turn, ensures a perpetuation of boom and bust cycles.
Minsky colleagues Dimitri B. Papadimitriou and L. Randall Wray write in a new introduction, “We offer this new edition, in the hope that it will contribute to the reformation of economic theory so that it can address the world in which we actually live-the world that was always the topic of Minsky’s analysis.”
EPUB ebook John Maynard Keynes buy. FB2 book John Maynard Keynes Hyman P. Minsky read on Kindle on Barnes & Noble. Paperback John Maynard Keynes by Hyman P. Minsky for iOS.
TXT ebook John Maynard Keynes download on Amazon. FictionBook book John Maynard Keynes buy cheap PC. MOBI John Maynard Keynes by Hyman P. Minsky download on IndieBound.
# 9 hours ago
✨TODAY at 12:00PM join the @ApolloTheater to celebrate #BlackMusicMonth with different performers!✨… https://t.co/tJj2xRbjhJ
# 11 hours ago
🗣️TODAY NYC Kidsfest will have it's 16th Annual Performing Arts Festival🗣️ Harlem & New York City’s finest talent!… https://t.co/uOrg2UPwQt
# 1 day ago
🎊125th Street Business Improvement District wishes a Happy Father's Day to all the amazing father's around the worl… https://t.co/OgAKWOaMWe
# 1 day ago
🚨 TODAY join an amazing lineup of music, dancing and storytelling at the 1st Annual Historic Harlem Parks Juneteent… https://t.co/rm7jIwdyuO
# 2 days ago
💫125th Street Business Improvement District Wishes You All A Happy Juneteenth!!💫 #125THSTREET #HAPPYSATURDAY… https://t.co/t3qLbdFmmb
# 2 days ago