Economics at your fingertips  

Preventing Financial Crises: A Vital Yet Frequently Overlooked Aspect of Minsky's Economics

Samba Diop

Journal of Economic Issues, 2021, vol. 55, issue 1, 203-224

Abstract: Periods of financial instability are always an opportunity for Hyman P. Minsky to return to the spotlight. Often, they result in an increase in the number of references made to Minsky's work, otherwise relegated to the margins of academic debate. For the most part, this work involving Minsky is limited to demonstrating the relevance of the Financial Instability Hypothesis in explaining the mechanisms of financial fragility or the need to implement countercyclical measures during the acute phase of the crisis. In my view, such a use of Minsky's work is incomplete because it fails to take into account an equally important aspect of it: that which relates to the prevention of financial crises.

Date: 2021
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

DOI: 10.1080/00213624.2021.1875729

Access Statistics for this article

More articles in Journal of Economic Issues from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

Page updated 2021-04-20
Handle: RePEc:mes:jeciss:v:55:y:2021:i:1:p:203-224