The mere mention of a “Minsky moment” — a sudden crash of markets and economies that are hooked on debt — is enough to send shudders through policy makers. The theory stems from the work of Hyman ...

During the second half of the twentieth century, economist Hyman Minsky provided a set of guidelines to identify what makes financial markets fragile and economies unstable. It is the midpoint of 2022 ...

A year or so ago, the work of the late economist Hyman Minsky was known to only a small band of devoted followers. All that has changed since the onset of the current financial crisis. Today, Minsky’s ...

FROM the start of his academic career in the 1950s until 1996, when he died, Hyman Minsky laboured in relative obscurity. His research about financial crises and their causes attracted a few devoted ...

History of Economic Ideas, Vol. 27, No. 1 (2019), pp. 71-87 (17 pages) The Modern Money Theory developed in recent years presents a close link with Lerner’s Functional Finance: both these approaches ...

HONG KONG (Reuters) - China's central bank governor, Zhou Xiaochuan, warned on Thursday of the risks of a "Minsky moment," citing relatively high corporate debt and saying household lending was rising ...