Tuesday , November 5 2024
Home / Video / Lecture 6 on Minsky, Financial Instability, the Great Depression & the Global Financial Crisis

Lecture 6 on Minsky, Financial Instability, the Great Depression & the Global Financial Crisis

Summary:
I explain Minsky’s Financial Instability Hypothesis–why he developed it, what were his inspirations, how well it fits the empirical record, and how it can be modeled easily using system dynamics methods. For some reason my webcam froze for the 1st half of the lecture; I start moving in the second half…

Topics:
Steve Keen considers the following as important:

This could be interesting, too:

Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00

Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow

Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.











I explain Minsky’s Financial Instability Hypothesis–why he developed it, what were his inspirations, how well it fits the empirical record, and how it can be modeled easily using system dynamics methods.



For some reason my webcam froze for the 1st half of the lecture; I start moving in the second half…



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.

Leave a Reply

Your email address will not be published. Required fields are marked *