Why Minsky matters. An introduction to the work of a Maverick economist

why minskyWhy Minsky matters. An introduction to the work of a Maverick economist
L. Randall Wray
New Jersey, Princeton University Press, 2015
ISBN: 9780691159126
273 páginas
Precio: 31’67 euros

Sinopsis: Perhaps no economist was more vindicated by the global financial crisis than Hyman P. Minsky (1919-96). Although a handful of economists raised alarms as early as 2000, Minsky’s warnings began a half-century earlier, with writings that set out a compelling theory of financial instability. Yet even today he remains largely outside mainstream economics; few people have a good grasp of his writings, and fewer still understand their full importance. Why Minsky Matters makes the maverick economist’s critically valuable insights accessible to general readers for the first time. L. Randall Wray shows that by understanding Minsky we will not only see the next crisis coming but we might be able to act quickly enough to prevent it. As Wray explains, Minsky’s most important idea is that «stability is destabilizing»: to the degree that the economy achieves what looks to be robust and stable growth, it is setting up the conditions in which a crash becomes ever more likely. Before the financial crisis, mainstream economists pointed to much evidence that the economy was more stable, but their predictions were completely wrong because they disregarded Minsky’s insight. Wray also introduces Minsky’s significant work on money and banking, poverty and unemployment, and the evolution of capitalism, as well as his proposals for reforming the financial system and promoting economic stability. A much-needed introduction to an economist whose ideas are more relevant than ever, Why Minsky Matters is essential reading for anyone who wants to understand why economic crises are becoming more frequent and severe–and what we can do about it.

Recomendados

Política, Empresa e Historia en Canarias

Santiago de Luxán Menéndez (dir.) Política, Empresa e Historia en Canarias Las Palmas de Gran Canaria, Fundación Mapfre Guanarteme, 2012 ISBN: 978-84-15654-06-3 Páginas: 380 Precio: 5,20 €

Adiós a la sopa de pan, hola al sushi. Breve historia económica mundial

Gregory Clark Valencia, Universidad de Valencia, 2014 ISBN: 978-84-370-9441-0 Páginas: 460 Precio: 24,50 €

The Economic History of China: from Antiquity to the Nineteenth Century

The Economic History of China: from Antiquity to the Nineteenth Century Richard Von Glahn Cambridge, Cambridge University Press, 2016 ISBN: 9781107615700 479 páginas Precio: 37, 25 €

Cuba-Canarias-Sevilla. El estanco español del tabaco y Las Antillas (1717-1817)

Santiago de Luxán Menéndez, Monserrat Garate Ojanguren y José Manuel Rodríguez Gordillo Cuba-Canarias-Sevilla. El estanco español del tabaco y Las Antillas (1717-1817) Las Palmas de Gran Canaria, Cabildo Insular de

Capitalismo e historia de la electrificación, 1890-1930. Capital, técnica y organización

Horacio Capel y Vicente Casals Capitalismo e historia de la electrificación, 1890-1930. Capital, técnica y organización del negocio eléctrico en España y México Barcelona, Ediciones Del Serbal, 2013 ISBN: 978-84-76287-08-8

La economía política de la guerra. Una aproximación desde el pensamiento económico y las relaciones internacionales

Alfredo Langa Herrero La economía política de la guerra. Una aproximación desde el pensamiento económico y las relaciones internacionales Barcelona, Icaria, 2013 ISBN: 978-84-9888-455-5 Páginas: 256 Precio: 20 €