#Minsky

Ok, I need help figuring something out. You know that thing where you vaguely recall something, but SO vaguely that you can't even look it up to confirm (or establish

Srivatsan Prakash

1/Back to the threads! Today we will look at Hyman Minsky's ideas on financial economics, business cycles and more!He's the guy known for the concept of a "Minsky moment"!Let's dig

Stephanie Kelton

StephanieKelton

If MMTers were just doing standard Keynesian macro, then we would not have arrived at completely different conclusions (from mainstream Keynesians) re: the Bush tax cuts, the Clinton surpluses, the

Jamie Catherwood

Quick Super Thread on what I've been covering at Investor Amnesia during COVID-19.To continue receiving these financial history insights each week, subscribe below.History is a particularly sought after resource these

TaylorPearsonMe

1/ Very interesting and (perhaps) prescient paper from Hyman Minsky called The Financial Instability Hypothesis, published in 1992. It has a three piece framework which helps explain what we are

The Ghislaine Maxwell (Epstein) documents have been unsealed.Will be posting excerpts here - Starting with allegations of minor being trafficked to Maxwell, Prince Andrew, and Alan Dershowitz (as prev. alleged).Thread.

MMT states that the government is the monopoly issuer of the domestic currency. Does it means that nobody else can issue monetary instruments? Does it means that MMT ignores private

Erik Wim During

Some recent reading makes for an interesting collection of complementing work. A lot of the mechanisms of societies evolving found in , can also be found in the work of

Dr. Marissa Kawehi Loving

Finally starting to write my talks for the intro to mapping class groups mini course I'm giving next week and I am reminded that I've never taken a class or

Sri Thiruvadanthai

The long tail of the 2008-09 global financial crisis stinging India. While the diagnosis at that time was that the US was the culprit whereas EMs were fine--remember the phrase

ok today i'm going to finish the first section of my final year project x ok today i'm gonna finish section 1 part 2 of my project x ok i

1/6NOPE apparently means “net options pricing effect”, and the "theory" recognizes that delta hedging is highly self-reinforcing – i.e. rising prices force delta hedgers to buy, thus pushing prices up

One of the great benefits of Hyman Minsky’s balance-sheet approach to economics is that it forces analysts to consider how the structure of balance sheets can either dissipate or reinforce

Friday's employment report was devastating — and reality almost surely worse. The BLS itself says that the unemployment number was probably understated 1/ https://www.bls.gov/news.release/empsit.nr0.htm True unemployment probably ~20%. If so,

Quanta Magazine

The Oberwolfach Research Institute for Mathematics has long served as a place for mathematicians to gather and collaborate. Senior writer @KSHartnett visited Olberwolfach in the last days before such in-person

Alberto Garzón🔻

Es una novedad cierta e interesante que la presidenta del BCE diga (y además es el inicio de su artículo) que los manuales de economía no sirven para abordar esta