Author : Hyman Minsky
Publisher : McGraw Hill Professional
ISBN 13 : 007171636X
Total Pages : 143 pages
Book Rating : 4.69/5 ( download)
Book Synopsis Stabilizing an Unstable Economy, Part 3 - Economic Theory by : Hyman Minsky
Download or read book Stabilizing an Unstable Economy, Part 3 - Economic Theory written by Hyman Minsky and published by McGraw Hill Professional. This book was released on 2008-04-14 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: This chapter comes from Stabilizing an Unstable Economy, the seminal work by Hyman Minsky. It reveals his groundbreaking financial theory of investment, one that is startlingly relevant today. He explains why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns--and why the economy is now undergoing a credit crisis that he foresaw.