Tag Archives: the Great Depression

When I started attending departmental faculty meetings in 1987, there was an emeritus faculty, Harold Katzman, who went to most of the meetings. He rarely said anything, but he did make the effort to show up, perhaps out of personal loyalty. Dr. Katzman was the first graduate student of our department’s founding chair, Dr. Edward Doisy. After he graduated in 1928, Dr. Doisy hired him as a faculty.Shortly before Dr. Katzman died, my then-chairman, Dr....

This is lecture 6 of Steve Keen’s course on economics at Kingston University in the UK. It concerns the theories of Hyman Minsky, financial instability, the Great Depression and the global financial crisis of 2008.[embedded content]