A Friendly Critique of Minsky's Financial Instability Hypothesis

Wesley C. Marshall

International Journal of Political Economy, 2021, vol. 50, issue 4, 257-271

Abstract: This article critiques Minsky's Financial Instability Hypothesis, arguing that fraud is a missing element in his theory and the central element in the speculative bubbles that caused “it” to happen twice in the last century in the United States.

Date: 2021
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DOI: 10.1080/08911916.2021.2001248

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