Hyman Minsky - wczoraj i dzis

• Authors: Kasek Leszel , Lubinski Marek

Title variants

EN

HYMAN MINSKY - YESTERDAY AND TODAY

• Languages of publication: PL

Abstracts

EN

The article presents Minsky's financial instability hypothesis and possibilities of its using for financial crisis explanation. Hyman Minsky was an American economist and professor of economics at Washington University in St. Louis. His research attempted to provide an understanding and explanation of the characteristics of financial crises. Minsky was sometimes described as a post-Keynesian economist because, in the Keynesian tradition, he supported some government intervention in financial markets and opposed some of the popular deregulation policies in the 1980s, and argued against the accumulation of debt. Actually, Minsky's hypothesis can translate the present subprime mortgage crisis.

Keywords

EN

FINANCIAL CRISIS; FINANCIAL INSTABILITY

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Wyższa Szkoła Finansów i Zarządzania w Warszawie
• Journal: Contemporary Economics
• Year: 2010
• Issue: 1(13)
• Pages: 5-20
• Document type: ARTICLE

Contributors

author

Kasek Leszel

author

Lubinski Marek

• Leszek Kasek, Biuro Banku Swiatowego, ul. Emilii Plater 53, 00-113 Warszawa, Poland

Identifiers

CEJSH db identifier

11PLAAAA09261