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Minsky, the Global Money-Manager Crisis, and the Return of Big Government

In: Macroeconomic Theory and its Failings

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  • L. Randall Wray

Abstract

This innovative book focuses on the current global financial crisis and the inadequacies of the economic theories being used to guide policy. In so doing, it tackles the economic theories that have been used firstly to understand its causes and thereafter to contain the damage it has brought.

Suggested Citation

  • L. Randall Wray, 2010. "Minsky, the Global Money-Manager Crisis, and the Return of Big Government," Chapters, in: Steven Kates (ed.), Macroeconomic Theory and its Failings, chapter 15, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13728_15
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    References listed on IDEAS

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    1. James K. Galbraith & L. Randall Wray & Warren Mosler, 2009. "The Case Against Intergenerational Accounting: The Accounting Campaign Against Social Security and Medicare," Economics Public Policy Brief Archive ppb_98, Levy Economics Institute.
    2. Hyman P. Minsky, 1993. "Finance and Stability: The Limits of Capitalism," Economics Working Paper Archive wp_93, Levy Economics Institute.
    3. L. Randall Wray, 2006. "Can Basel II Enhance Financial Stability?: A Pessimistic View," Economics Public Policy Brief Archive ppb_84, Levy Economics Institute.
    4. Dimitri Papadimitriou & L. Randall Wray, 1998. "The Economic Contributions of Hyman Minsky: varieties of capitalism and institutional reform," Review of Political Economy, Taylor & Francis Journals, vol. 10(2), pages 199-225.
    5. William Mitchell & L. Randall Wray, 2005. "In Defense of Employer of Last Resort: A Response to Malcolm Sawyer," Journal of Economic Issues, Taylor & Francis Journals, vol. 39(1), pages 235-244, March.
    6. Indira Hirway, 2006. "Enhancing Livelihood Security through the National Employment Guarantee Act: Toward Effective Implementation of the Act," Economics Working Paper Archive wp_437, Levy Economics Institute.
    7. L. Randall Wray, 2009. "The Return of Big Government--Policy Advice for President Obama," Economics Public Policy Brief Archive ppb_99, Levy Economics Institute.
    8. L. Randall Wray, 2003. "The Perfect Fiscal Storm," Challenge, Taylor & Francis Journals, vol. 46(1), pages 55-78.
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