A Minsky Perspective on the Global Recession of 2009

A Minsky Perspective on the Global Recession of 2009

On 18 August 2007, a front-page story in The Wall Street Journal highlighted the ideas of economist Hyman Minsky. With the US economy in the midst of a worsening credit crunch, reporter Justin Lahart observed that although Minsky died in 1996, his views were ‘reverberating from New York to Hong Kong...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Whalen, Charles J.
Format: Buchkapitel
Sprache:eng
Schlagworte:
Credit Crunch
Credit Default Swap
Current Crisis
Hedge Fund
Wall Street Journal
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Beschreibung
Zusammenfassung:On 18 August 2007, a front-page story in The Wall Street Journal highlighted the ideas of economist Hyman Minsky. With the US economy in the midst of a worsening credit crunch, reporter Justin Lahart observed that although Minsky died in 1996, his views were ‘reverberating from New York to Hong Kong as economists and traders are trying to understand what’s happening in the markets’ (Lahart, 2007: p. 1).
DOI:10.1057/9780230292321_7