Minsky's Cycle of the Economy. Image Source: The St. Louis Trust Company. Paradoxically, Minsky’s hypothesis teaches us that the time of greatest investment risk is when everything seems good, ...

A Minsky moment is the onset of a market collapse brought on by speculative activity during an unsustainable bullish period. ... these cycles don't need to lead to the worst calamities, ...

Some, such as Nobuhiro Kiyotaki and Ben Bernanke, who would later become chairman of the Federal Reserve, looked at how credit could amplify business cycles. Minsky’s work might have ...

This article explores Hyman Minsky’s financial instability hypothesis, which is set out concisely in a paper he wrote in 1992 and its relevance to the current meltdown of the value of assets ...

We seem to live in an era of rolling financial crisis, which I suspect is the result of a massive build-up of private sector debt. Sometimes these build-ups are accompanied by very high rates of ...

A “Minsky moment is when the fecal matter finally hits the fan.” American economist Hyman Minsky, who died in 1996, said that during good times, corporations borrow… BusinessMirror ...

The English Premier League (EPL) has drawn the attention of scholars from a variety of disciplinary backgrounds in recent years, yet its underlying economic model and the politics underpinning it ...

Minsky, who passed away in 1996 at 77, is known for his seminal book, Stabilizing an Unstable Economy (1986), which argued that there are five common stages of an economic cycle: displacement ...

By placing the EPL within the Minsky cycle, we demonstrate how the actors that make up the league skirt the boundaries of hedge, speculative and Ponzi financiers, as the over-leveraging of clubs ...

Unless the Fed dials back the rapid pace of its monetary-policy tightening — and soon — it may be caught, as in 2008, hopelessly flat-footed by a global credit crisis.

Of course, fiscal stimulus played a central role in Minsky’s policy prescriptions for combating economic cycles. Minsky also emphasized the importance of lender-of-last-resort interventions by the ...

Minsky's work has gained influence, particularly since the global financial crisis. Perhaps it also deserves some attention in the political realm, particularly where China is concerned.