Kapitalizmin Krizlerini Minsky’nin Finansal İstikrarsızlık Hipotezi Çerçevesinde Anlamak

Gülenay Baş Dinar
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Gülenay Baş Dinar: Abant İzzet Baysal Üniversitesi, İİBF, İktisat Bölümü

Yildiz Social Science Review, 2018, vol. 4, issue 2, 167-186

Abstract: The aim of this study is to discuss the limitations of the financial instability hypothesis of Minsky, besides its superior perspective in explaining the crises of capitalism than the mainstream economic theory. Therefore, this study consists of three parts. In the first part, Minsky's criticism of mainstream economic theory will be examined and in the second part Minsky's hypothesis of financial instability will be presented and the study will be end with a discussion of whether Minsky's business cycle theory is sufficient to explain the crises of modern capitalism today.

Keywords: Financial Instability Hypothesis; Hyman Minsky; CapitalismJournal: Yildiz Social Science Review (search for similar items in EconPapers)
JEL-codes: F00 F30 G00 G10 K00 K20 M00 M20 O10 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:aye:journl:v:4:y:2018:i:2:p:167-186

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