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Beijing Lecture 3: Minsky’s alternative non-equilibrium paradigm Part C

Summary:
Minsky’s Financial Instability Hypothesis builds upon and integrates a non-equilibrium approach to macroeconomics which can be traced back not merely to Keynes but also Goodwin, Fisher, Schumpeter, and Marx.

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Minsky’s Financial Instability Hypothesis builds upon and integrates a non-equilibrium approach to macroeconomics which can be traced back not merely to Keynes but also Goodwin, Fisher, Schumpeter, and Marx.


Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

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