Summary:
My speech to staff and students at the University of Zagreb on how Minsky developed the Financial Instability Hypothesis, and why I see this as a foundation for a new non-equilibrium, monetary, complex systems approach to economics. The bad news is that crises like 2008 become not unpredictable shocks as in Neoclassical theory, but regular ...
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Steve Keen considers the following as important:
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My speech to staff and students at the University of Zagreb on how Minsky developed the Financial Instability Hypothesis, and why I see this as a foundation for a new non-equilibrium, monetary, complex systems approach to economics. The bad news is that crises like 2008 become not unpredictable shocks as in Neoclassical theory, but regular ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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