Aulas 6 | Minsky and Financial Keynesianism | Prof L. Randall Wray

LECTURE 6 - MINSKY AND FINANCIAL KEYNESIANISM (Institute of Economics, Campinas, Unicamp, August 155h, 2018) In this lecture, the sixth oh the Modern Money Theory Course, Professor L. Randall Wray goes back to Minsky’s early contributions, including his concerns with poverty and unemployment and his critique to the traditional Keynesian approach. The Financial Instability Hypothesis is presented as Minsky’s main critique of financial capitalism. Professor Wray also discusses Minsky’s stages approach of capitalist economies, and finally points out some policies that, according to this view, could help promote stability. Bibliografia: