by Summary:
This is a reasonably comprehensive lecture covering the failure of neoclassical macroeconomics to foresee the crisis (and the attempt by neoclassicals to avoid the consequences of this failure), the key reason why they are wrong about its persistence (the endogeneity of money), Minsky’s “Financial Instability Hypothesis”, my initial models of that Hypothesis, the development of ...
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Steve Keen considers the following as important:
This could be interesting, too:
This is a reasonably comprehensive lecture covering the failure of neoclassical macroeconomics to foresee the crisis (and the attempt by neoclassicals to avoid the consequences of this failure), the key reason why they are wrong about its persistence (the endogeneity of money), Minsky’s “Financial Instability Hypothesis”, my initial models of that Hypothesis, the development of ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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