Tags » Minsky

Keynes, Minsky and Financial Crises in Emerging Markets

Keynes, Minsky and Financial Crises in Emerging Markets

One of the most important, yet perhaps still under-appreciated lessons of the global financial crisis of 2007-09 concerns the role that academic economics plays in today’s society and politics. 45 more words


Great Exepectations and Asset Values in The New Offshore...

“Suffering has been stronger than all other teaching, and has taught me to understand what your heart used to be. I have been bent and broken, but – I hope – into a better shape.”

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Will Bitcoin crash and resurrect?

NOT BITCOIN but better.

One use of Bitcoin is for anonymous transactions, i.e., as a substitute for ordinary cash or bank notes.

The problem is that the currently available bitcoins fluctuate in value. 674 more words


i-Day for Bibby Offshore...

According to the bond prospectus Bibby Offshore (“BO”) is scheduled to handover interest of £6.56m to the creditors on June 15. Based on the last financials if they make this payment it will be the last before a default or restructuring event (next payment due Dec 15 2017). 1,496 more words


Minsky on stagflation and the limits to state intervention

Government can be a major force for promoting progressive economic and social development. History tells us that this is rarely sustained indefinitely: the political pendulum swings back and forth, and development proceeds unevenly across space and time. 1,015 more words

Political Economy

In brief: the economics of Hyman Minsky

As the 2008 financial crisis broke, the term ‘Minsky moment’ became widely used by commentators and financiers (it was originally coined in 1998), as the work of this relatively obscure economist came into fashion. 289 more words

Political Economy

Canada, let's not Minsky words

Stability breeds instability – this was economist Hyman Minsky‘s lasting contribution to the craft.  The Minsky Moment , popularized during the 07-09 US housing crisis, basically suggests breeding animal spirits too long creates systemic problems. 985 more words