"Today, Mr. Minsky's view [of economics] is more relevant than ever."- The New York Times "Indeed, the Minsky moment has become a fashionable catch phrase on Wall Street."- The Wall Street Journal John Maynard Keynes offers a timely reconsideration of the work of the revered economics icon. Hyman 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 . Keynes and Minsky refuse to ignore pervasive ...
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"Today, Mr. Minsky's view [of economics] is more relevant than ever."- The New York Times "Indeed, the Minsky moment has become a fashionable catch phrase on Wall Street."- The Wall Street Journal John Maynard Keynes offers a timely reconsideration of the work of the revered economics icon. Hyman 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 . Keynes and Minsky refuse to ignore pervasive uncertainty. Once uncertainty is given center stage, recurring episodes of financial system crises are all but inescapable. As Robert Barbera notes in a new preface, "Benign economic circumstances...invite increasingly aggressive financial market wagers. Innovation in finance is a signature development in a capitalist economy. Once leveraged wagers are in place, small disappointments can have exaggerated consequences." Thus for Minsky economic calm on Main Street engenders financial system fragility which, in turn, ensures a perpetuation of boom and bust cycles. Minsky colleagues Dimitri B. Papadimitriou and L. Randall Wray write in a new introduction, "We offer this new edition, in the hope that it will contribute to the reformation of economic theory so that it can address the world in which we actually live-the world that was always the topic of Minsky's analysis."
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Add this copy of John Maynard Keynes to cart. $2.70, fair condition, Sold by GoodwillVSB rated 5.0 out of 5 stars, ships from Oxnard, CA, UNITED STATES, published 2008 by McGraw-Hill Companies.
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Paperback. NOT Ex-library. Acceptable/fair. Slight edgewear and bumping. Rubbed and scratched. Clean pages and tight binding. Page edges soiled. Proceeds benefit the Pima County Public Library system, which serves Tucson and southern Arizona. Until further notice, USPS Priority Mail only reliable option for Hawaii.
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Good. Trade paperback (US). Glued binding. 181 p. Contains: Unspecified, Diagrams. May show signs of wear, highlighting, writing, and previous use. This item may be a former library book with typical markings. No guarantee on products that contain supplements Your satisfaction is 100% guaranteed. Twenty-five year bookseller with shipments to over fifty million happy customers.
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Book. Octavo, vi, xi, 181 pages. In Very Good minus condition. Paperback binding. Spine off-white with blue lettering. Covers have slight age toning. Text block has mild age toning to the edges. Illustrated. NOTE: Shelved in Netdesk Column H, ND-H. 1379459. FP New Rockville Stock.
