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O Pensamento De Hyman P. Minsky: Alterações De Percurso E Atualidade

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  • André Luís C. de Lourenço

Abstract

This paper proposes that, in spite of some fundamental invariant aspects, the way of exposition of the Minsky's work central concept - the so called Financial Instability Hypothesis - changed significantly throughout his academic productive period; furthermore it assesses the traditional way this concept is exposed does not incorporate important elements from the latest and more mature Minsky's contributions. The paper still states this canonical way to be insufficient to treat contemporary financial crisis phenomenon for lack of updating which incorporates recent institucional changes.

Suggested Citation

  • André Luís C. de Lourenço, 2005. "O Pensamento De Hyman P. Minsky: Alterações De Percurso E Atualidade," Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33rd Brazilian Economics Meeting] 009, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    • Handle: RePEc:anp:en2005:009
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    File URL: http://www.anpec.org.br/encontro2005/artigos/A05A009.pdf
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    References listed on IDEAS

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    3. J.A. Kregel, 1997. "Margins of Safety and Weight of the Argument in Generating Financial Fragility," Journal of Economic Issues, Taylor & Francis Journals, vol. 31(2), pages 543-548, June.
    4. Ferri, Piero & Minsky, Hyman P., 1992. "Market processes and thwarting systems," Structural Change and Economic Dynamics, Elsevier, vol. 3(1), pages 79-91, June.
    5. Paul Davidson, 1994. "Post Keynesian Macroeconomic Theory," Books, Edward Elgar Publishing, number 124.
    6. Vercelli,Allessandro, 1991. "Methodological Foundations of Macroeconomics," Cambridge Books, Cambridge University Press, number 9780521392945, January.
    7. Veblen, Thorstein, 1904. "Theory of Business Enterprise," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number veblen1904.
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    More about this item

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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