John Maynard Keynes av Hyman Minsky

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<p><b>¿Today, Mr. Minsky''s view [of economics] is more relevant than ever.¿- <i>The New York Times</i></p><p>¿Indeed, the Minsky moment has become a fashionable catch phrase on Wall Street.¿-<i>The Wall Street Journal</i></b></p><p><i>John Maynard Keynes</i> offers a timely reconsideration of the work of the revered economics icon. Hyman Minsky argues that what most economists consider Keynesian economics is at odds with the major points of Keynes''s <i>The General Theory of Employment, Interest, and Money</i>. Keynes and Minsky refuse to ignore pervasive uncertainty. Once uncertainty is given center stage, recurring episodes of financial system crises are all but inescapable. As Robert Barbera notes in a new preface, ¿Benign economic circumstances¿invite increasingly aggressive financial market wagers. Innovation in finance is a signature development in a capitalist economy. Once leveraged wagers are in place, small disappointments can have exaggerated consequences.¿ Thus for Minsky