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Hyman Minsky and the dilemmas of contemporary economic method

In: Financial Keynesianism and Market Instability

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  • Duncan K. Foley

Abstract

During his lifetime Hyman Minsky made a seminal contribution to the development of financial Keynesianism. In this book, leading academics celebrate his work and explore his economic legacy. Special attention is paid to his work on contemporary economic method, the Great Depression, the European single currency and the global financial system and recent banking and financial crises – in particular the crisis in Asia. An attempt is made to categorise Minsky's brand of post Keynesianism and to compare his work with the Keynesian and Marxian traditions.

Suggested Citation

  • Duncan K. Foley, 2001. "Hyman Minsky and the dilemmas of contemporary economic method," Chapters, in: Riccardo Bellofiore & Piero Ferri (ed.), Financial Keynesianism and Market Instability, chapter 3, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:2073_3
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    References listed on IDEAS

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    1. Rajiv Sethi, 1992. "Dynamics of learning and the financial instability hypothesis," Journal of Economics, Springer, vol. 56(1), pages 39-70, February.
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    Cited by:

    1. S. Dow, 2010. "The Psychology of Financial Markets: Keynes, Minsky and Emotional Finance," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 1.
    2. Claudio H. Dos Santos, 2004. "A Stock-Flow Consistent General Framework for Minskyan Analysis of Closed Economics," Macroeconomics 0402028, University Library of Munich, Germany.
    3. Goetz von Peter, 2005. "Debt-Deflation: Concepts, and a Stylised Model," Macroeconomics 0505001, University Library of Munich, Germany.

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    Economics and Finance;

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