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Why Minsky Matters : An Introduction to the Work of a Maverick Economist /

"Why Minsky Matters makes the maverick economist's critically valuable insights accessible to general readers for the first time. L. Randall Wray shows that by understanding Minsky we will not only see the next crisis coming but we might be able to act quickly enough to prevent it. As Wray...

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Detalles Bibliográficos
Autor principal: Wray, L. Randall, 1953- (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton : Princeton University Press, [2016]
Colección:Book collections on Project MUSE.
Temas:
Acceso en línea:Texto completo

MARC

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505 0 |a Overview of Minsky's main contributions -- Where did we go wrong? Macroeconomics and the road not taken -- Minsky's early contributions : the financial instability hypothesis -- Minsky's views on money and banking -- Minsky's approach to poverty and unemployment -- Minsky and the global financial crisis -- Minsky and financial reform -- Conclusion : reforms to promote stability, democracy, security, and equality. 
520 |a "Why Minsky Matters makes the maverick economist's critically valuable insights accessible to general readers for the first time. L. Randall Wray shows that by understanding Minsky we will not only see the next crisis coming but we might be able to act quickly enough to prevent it. As Wray explains, Minsky's most important idea is that 'stability is destabilizing': to the degree that the economy achieves what looks to be robust and stable growth, it is setting up the conditions in which a crash becomes ever more likely. Before the financial crisis, mainstream economists pointed to much evidence that the economy was more stable, but their predictions were completely wrong because they disregarded Minsky's insight. Wray also introduces Minsky's significant work on money and banking, poverty and unemployment, and the evolution of capitalism, as well as his proposals for reforming the financial system and promoting economic stability. A much-needed introduction to an economist whose ideas are more relevant than ever, Why Minsky Matters is essential reading for anyone who wants to understand why economic crises are becoming more frequent and severe--and what we can do about it"--Publisher's description 
546 |a In English. 
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650 7 |a economics.  |2 aat 
650 6 |a Crise financiere mondiale, 2008-2009. 
650 6 |a Économie politique. 
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650 0 |a Financial crises. 
650 0 |a Economics. 
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