Tags » Hyman Minsky

Hyman Minsky (Financial Instability Hypothesis)

Stability leads to instability. The more stable thing become and the longer things are stable, the more unstable they will be when the crisis hits (Hyman Minsky) 377 more words


Film review: Boom Bust Boom

A pertinent reminder that financial crises tend to share similar features, yet we keep on repeating the mistakes of the past

A seemingly endless number of post-crisis studies have been released in recent years. 671 more words


Some New Lessons on Jobs from an Old Economist

Many economists do not write in a language which is easily understandable. While John Maynard Keynes was a terrific writer (he is possibly the only economist who actually came up with one-liners), his magnum opus… 1,045 more words


Why banks love lending to you and me, but hate lending to corporates

Regular readers of this column would know that I regularly refer to the sectoral deployment of credit data usually released by the Reserve Bank of India(RBI) at the end of every month. 830 more words


Did RBI just hint that Indian corporates have reached Ponzi stage of finance?

The Reserve Bank of India(RBI) releases the Financial Stability Report twice a year. The second report for this year was released yesterday (i.e. December 23, 2015). 1,789 more words


China’s Minsky moment: stability leads to instability

Hyman Minsky (1919–1996) was a distinguished American scholar and prominent post-Keynesian economist. In the wake of the 2008-2009 crisis Minsky’s invaluable scientific contribution has widely spread, but soon he has unfortunately disappeared from public and economic discussions. 468 more words