I am currently writing up an article on what Minsky added to Keynes an onwards to whether this is an up to date theoretical framework ready for use in the 21st century. 502 more words
Tags » Hyman Minsky
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In an often cynical world, standard ﬁnancial and macroeconomic quantitative models give people the beneﬁt of the doubt. Fundamental economic theory assumes the best of us, supposing that human beings are perfectly rational, know all the facts of a given situation, understand the risks, and optimize our behavior and portfolios accordingly.
Banking Crisis Soon in China? Warning Indicator for China Banking Stress Climbs to Record -- China has the indicators preceding most financial crises
China is sinking ever deeper into debt, and risks a major banking crisis Credit: SINA
By Ambrose Evans-Pritchard
18 September 2016 • 11:00am… 1,332 more words