Stabilizing an Unstable Economy: Economic Theory

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Autor:
Minsky Hyman
Editorial:
McGraw-Hill Digital
ISBN:
000007171636X
Fecha de Publicación:
2008
Formato:
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€6,95
This chapter comes from Stabilizing an Unstable Economy, the seminal work by Hyman Minsky. It reveals his groundbreaking financial theory of investment, one that is startlingly relevant today. He explains why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns--and why the economy is now undergoing a credit crisis that he foresaw.