Minsky, Hyman P.
John Maynard Keynes
- ISBN 13:
- 9780071593014
- author:
- Minsky, Hyman P.
- format:
- Paperback
- publisher:
- McGraw-Hill Professional
- language:
- English
- Publication Year:
- 2008
- Pages:
- 181
- Dimensions:
- 152 mm X 229 mm
- Genre:
- Business & Management
- Condition:
- New
- Availability:
- Item usually sent within 4 working days
Description
Hyman Minsky's new edition of John Maynard Keynes offers a timely reconsideration of the work of the revered economics icon. In this book, Minsky argues that what most economists consider Keynesian economics is at odds with the major points of Keynes's The General Theory of Employment, Interest, and Money.
By giving center stage to pervasive uncertainty, Minsky reveals recurring episodes of financial system crises as all but inescapable. This perspective highlights how economic calm on Main Street can lead to financial system fragility, perpetuating boom and bust cycles.
This new edition is intended to contribute to the reformation of economic theory, addressing the world we actually live in - a world that was always the topic of Minsky's analysis. With contributions from colleagues Dimitri B. Papadimitriou and L. Randall Wray, this book provides valuable insights into the ongoing relevance of Keynesian economics.
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