Stabilizing an Unstable Economy

Stabilizing an Unstable Economy

Authors: Hyman Minsky

Published: April 2008

eISBN: 9780071593007 0071593004 | ISBN: 9780071592994

Contents

Foreword

Preface and Acknowledgments to the First Edition

Minsky’s Stabilizing an Unstable Economy: Two Decades Later

Part 1: Introduction

1. Economic Processes, Behavior, and Policy

Part 2: Economic Experience

2. A Deep Recession but not a Depression in 1975: The Impact of Big Government

3. A Deep Recession but not a Depression in 1975: The Impact of Lender-of-Last-Resort Intervention

4. The Emergence of Financial Instability in the Postwar Era

Part 3: Economic Theory

5. Perspectives on Theory

6. The Current Standard Theory: The After-keynes Synthesis

7. Prices and Profits in a Capitalist Economy

8. Investment and Finance

9. Financial Commitments and Instability

Part 4: Institutional Dynamics

10. Banking in a Capitalist Economy

11. Inflation

Part 5: Policy

12. Introduction to Policy

13. An Agenda for Reform

Appendix A: Financing Structures

Appendix B: Consumer Prices and Real Wages

Index