Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Minskys Moment
Download Minskys Moment full books in PDF, epub, and Kindle. Read online Minskys Moment ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Download or read book Minsky’s Moment written by Piero Ferri and published by Edward Elgar Publishing. This book was released on 2019 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: At its core this book sets out the analytical and methodological foundations of Minsky’s financial instability hypothesis (FIH). Grounded on the joint work of Piero Ferri and Hyman Minsky, it offers insightful analysis from a unique insider's perspective. The objective is to deepen and enlarge the toolbox used by Minsky and to place the analysis within a dynamic perspective where a meta model, based upon regime switching, can encompass the different forms that the FIH can assume.
Book Synopsis Stabilizing an Unstable Economy by : Hyman P. Minsky
Download or read book Stabilizing an Unstable Economy written by Hyman P. Minsky and published by McGraw Hill Professional. This book was released on 2008-05-01 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Mr. Minsky long argued markets were crisis prone. His 'moment' has arrived.” -The Wall Street Journal In his seminal work, Minsky presents his groundbreaking financial theory of investment, one that is startlingly relevant today. He explains why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns-and why the economy is now undergoing a credit crisis that he foresaw. Stabilizing an Unstable Economy covers: The natural inclination of complex, capitalist economies toward instability Booms and busts as unavoidable results of high-risk lending practices “Speculative finance” and its effect on investment and asset prices Government's role in bolstering consumption during times of high unemployment The need to increase Federal Reserve oversight of banks Henry Kaufman, president, Henry Kaufman & Company, Inc., places Minsky's prescient ideas in the context of today's financial markets and institutions in a fascinating new preface. Two of Minsky's colleagues, Dimitri B. Papadimitriou, Ph.D. and president, The Levy Economics Institute of Bard College, and L. Randall Wray, Ph.D. and a senior scholar at the Institute, also weigh in on Minsky's present relevance in today's economic scene in a new introduction. A surge of interest in and respect for Hyman Minsky's ideas pervades Wall Street, as top economic thinkers and financial writers have started using the phrase “Minsky moment” to describe America's turbulent economy. There has never been a more appropriate time to read this classic of economic theory.
Book Synopsis Why Minsky Matters by : L. Randall Wray
Download or read book Why Minsky Matters written by L. Randall Wray and published by Princeton University Press. This book was released on 2017-10-17 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perhaps no economist was more vindicated by the global financial crisis than Hyman P. Minsky (1919–96). Although a handful of economists raised alarms as early as 2000, Minsky's warnings began a half-century earlier, with writings that set out a compelling theory of financial instability. Yet even today he remains largely outside mainstream economics; few people have a good grasp of his writings, and fewer still understand their full importance. Why Minsky Matters makes the maverick economist’s critically valuable insights accessible to general readers for the first time. L. Randall Wray shows that by understanding Minsky we will not only see the next crisis coming but we might be able to act quickly enough to prevent it. As Wray explains, Minsky’s most important idea is that "stability is destabilizing": to the degree that the economy achieves what looks to be robust and stable growth, it is setting up the conditions in which a crash becomes ever more likely. Before the financial crisis, mainstream economists pointed to much evidence that the economy was more stable, but their predictions were completely wrong because they disregarded Minsky’s insight. Wray also introduces Minsky’s significant work on money and banking, poverty and unemployment, and the evolution of capitalism, as well as his proposals for reforming the financial system and promoting economic stability. A much-needed introduction to an economist whose ideas are more relevant than ever, Why Minsky Matters is essential reading for anyone who wants to understand why economic crises are becoming more frequent and severe—and what we can do about it.
Book Synopsis Can It Happen Again? by : Hyman Minsky
Download or read book Can It Happen Again? written by Hyman Minsky and published by Routledge. This book was released on 2016-04-14 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the winter of 1933, the American financial and economic system collapsed. Since then economists, policy makers and financial analysts throughout the world have been haunted by the question of whether "It" can happen again. In 2008 "It" very nearly happened again as banks and mortgage lenders in the USA and beyond collapsed. The disaster sent economists, bankers and policy makers back to the ideas of Hyman Minsky – whose celebrated 'Financial Instability Hypothesis' is widely regarded as predicting the crash of 2008 – and led Wall Street and beyond as to dub it as the 'Minsky Moment'. In this book Minsky presents some of his most important economic theories. He defines "It", determines whether or not "It" can happen again, and attempts to understand why, at the time of writing in the early 1980s, "It" had not happened again. He deals with microeconomic theory, the evolution of monetary institutions, and Federal Reserve policy. Minsky argues that any economic theory which separates what economists call the 'real' economy from the financial system is bound to fail. Whilst the processes that cause financial instability are an inescapable part of the capitalist economy, Minsky also argues that financial instability need not lead to a great depression. This Routledge Classics edition includes a new foreword by Jan Toporowski.
Download or read book Crisis written by Sylvia Walby and published by John Wiley & Sons. This book was released on 2015-10-30 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities. Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union. Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.
Book Synopsis John Maynard Keynes by : Hyman P. Minsky
Download or read book John Maynard Keynes written by Hyman P. Minsky and published by New York : Columbia University Press. This book was released on 1975 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Will Big Business Destroy Our Planet? by : Peter Dauvergne
Download or read book Will Big Business Destroy Our Planet? written by Peter Dauvergne and published by John Wiley & Sons. This book was released on 2018-05-04 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Walmart. Coca-Cola. BP. Toyota. The world economy runs on the profits of transnational corporations. Politicians need their backing. Non-profit organizations rely on their philanthropy. People look to their brands for meaning. And their power continues to rise. Can these companies, as so many are now hoping, provide the solutions to end the mounting global environmental crisis? Absolutely, the CEOs of big business are telling us: the commitment to corporate social responsibility will ensure it happens voluntarily. Peter Dauvergne challenges this claim, arguing instead that corporations are still doing far more to destroy than protect our planet. Trusting big business to lead sustainability is, he cautions, unwise — perhaps even catastrophic. Planetary sustainability will require reining in the power of big business, starting now.
Book Synopsis The End of Finance by : Massimo Amato
Download or read book The End of Finance written by Massimo Amato and published by John Wiley & Sons. This book was released on 2013-12-19 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new book by two distinguished Italian economists is a highly original contribution to our understanding of the origins and aftermath of the financial crisis. The authors show that the recent financial crisis cannot be understood simply as a malfunctioning in the subprime mortgage market: rather, it is rooted in a much more fundamental transformation, taking place over an extended time period, in the very nature of finance. The ‘end’ or purpose of finance is to be found in the social institutions by which the making and acceptance of promises of payment are made possible - that is, the creation and cancellation of debt contracts within a specified time frame. Amato and Fantacci argue that developments in the modern financial system by which debts are securitized has endangered this fundamental credit/debt structure. The illusion has been created that debts are universally liquid in the sense that they need not be redeemed but can be continually sold on in increasingly extensive global markets. What appears to have reduced the riskiness of default for individual agents has in fact increased the fragility of the system as a whole. The authors trace the origins of this profound transformation backwards in time, not just to the neoliberal reforms of the 1980s and 90s but to the birth of capitalist finance in the mercantile networks of the sixteenth and seventeenth centuries. This long historical perspective and deep analysis of the nature of finance enables the authors to tackle the challenges we face today in a fresh way - not simply by tinkering with existing mechanisms, but rather by asking the more profound question of how institutions might be devised in which finance could fulfil its essential functions.
Download or read book Liberal Terror written by Brad Evans and published by John Wiley & Sons. This book was released on 2013-04-03 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Security is meant to make the world safer. Yet despite living in the most secure of times, we see endangerment everywhere. Whether it is the threat of another devastating terrorist attacks, a natural disaster or unexpected catastrophe, anxieties and fears define the global political age. While liberal governments and security agencies have responded by advocating a new catastrophic topography of interconnected planetary endangerment, our desire to securitize everything has rendered all things potentially terrifying. This is the fateful paradox of contemporary liberal rule. The more we seek to secure, the more our imaginaries of threat proliferate. Nothing can therefore be left to chance. For everything has the potential to be truly catastrophic. Such is the emerging state of terror normality we find ourselves in today. This illuminating book by Brad Evans provides a critical evaluation of the wide ranging terrors which are deemed threatening to advanced liberal societies. Moving beyond the assumption that liberalism is integral to the realisation of perpetual peace, human progress, and political emancipation on a planetary scale, it exposes how liberal security regimes are shaped by a complex life-centric rationality which directly undermines any claims to universal justice and co-habitation. Through an incisive and philosophically enriched critique of the contemporary liberal practices of making life more secure, Evans forces us to confront the question of what it means to live politically as we navigate through the dangerous uncertainty of the 21st Century.
Book Synopsis The Elgar Companion to Hyman Minsky by : Dimitri B. Papadimitriou
Download or read book The Elgar Companion to Hyman Minsky written by Dimitri B. Papadimitriou and published by Edward Elgar Pub. This book was released on 2010 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a timely and engaging treatment of Hyman Minsky's approach to economics, which is enjoying a renewed appreciation because of its prescient analysis of the slow but sure transformation of the capitalist economy in the post-war period.
Book Synopsis Race After Technology by : Ruha Benjamin
Download or read book Race After Technology written by Ruha Benjamin and published by John Wiley & Sons. This book was released on 2019-07-09 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: From everyday apps to complex algorithms, Ruha Benjamin cuts through tech-industry hype to understand how emerging technologies can reinforce White supremacy and deepen social inequity. Benjamin argues that automation, far from being a sinister story of racist programmers scheming on the dark web, has the potential to hide, speed up, and deepen discrimination while appearing neutral and even benevolent when compared to the racism of a previous era. Presenting the concept of the “New Jim Code,” she shows how a range of discriminatory designs encode inequity by explicitly amplifying racial hierarchies; by ignoring but thereby replicating social divisions; or by aiming to fix racial bias but ultimately doing quite the opposite. Moreover, she makes a compelling case for race itself as a kind of technology, designed to stratify and sanctify social injustice in the architecture of everyday life. This illuminating guide provides conceptual tools for decoding tech promises with sociologically informed skepticism. In doing so, it challenges us to question not only the technologies we are sold but also the ones we ourselves manufacture. Visit the book's free Discussion Guide here.
Book Synopsis Why Can't You Afford a Home? by : Josh Ryan-Collins
Download or read book Why Can't You Afford a Home? written by Josh Ryan-Collins and published by John Wiley & Sons. This book was released on 2018-11-26 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout the Western world, a whole generation is being priced out of the housing market. For millions of people, particularly millennials, the basic goal of acquiring decent, affordable accommodation is a distant dream. Leading economist Josh Ryan-Collins argues that to understand this crisis, we must examine a crucial paradox at the heart of modern capitalism. The interaction of private home ownership and a lightly regulated commercial banking system leads to a feedback cycle. Unlimited credit and money flows into an inherently finite supply of property, which causes rising house prices, declining home ownership, rising inequality and debt, stagnant growth and financial instability. Radical reforms are needed to break the cycle. This engaging and topical book will be essential reading for anyone who wants to understand why they can’t find an affordable home, and what we can do about it.
Book Synopsis How Everything Can Collapse by : Pablo Servigne
Download or read book How Everything Can Collapse written by Pablo Servigne and published by John Wiley & Sons. This book was released on 2020-03-27 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: What if our civilization were to collapse? Not many centuries into the future, but in our own lifetimes? Most people recognize that we face huge challenges today, from climate change and its potentially catastrophic consequences to a plethora of socio-political problems, but we find it hard to face up to the very real possibility that these crises could produce a collapse of our entire civilization. Yet we now have a great deal of evidence to suggest that we are up against growing systemic instabilities that pose a serious threat to the capacity of human populations to maintain themselves in a sustainable environment. In this important book, Pablo Servigne and Raphaël Stevens confront these issues head-on. They examine the scientific evidence and show how its findings, often presented in a detached and abstract way, are connected to people’s ordinary experiences – joining the dots, as it were, between the Anthropocene and our everyday lives. In so doing they provide a valuable guide that will help everyone make sense of the new and potentially catastrophic situation in which we now find ourselves. Today, utopia has changed sides: it is the utopians who believe that everything can continue as before, while realists put their energy into making a transition and building local resilience. Collapse is the horizon of our generation. But collapse is not the end – it’s the beginning of our future. We will reinvent new ways of living in the world and being attentive to ourselves, to other human beings and to all our fellow creatures.
Book Synopsis The Real Politics of the Horn of Africa by : Alex de Waal
Download or read book The Real Politics of the Horn of Africa written by Alex de Waal and published by John Wiley & Sons. This book was released on 2015-10-19 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Real Politics of the Horn of Africa delves into the business of politics in the turbulent, war-torn countries of north-east Africa. It is a contemporary history of how politicians, generals and insurgents bargain over money and power, and use of war to achieve their goals. Drawing on a thirty-year career in Sudan, Ethiopia, Eritrea and Somalia, including experience as a participant in high-level peace talks, Alex de Waal provides a unique and compelling account of how these countries’ leaders run their governments, conduct their business, fight their wars and, occasionally, make peace. De Waal shows how leaders operate on a business model, securing funds for their ‘political budgets’ which they use to rent the provisional allegiances of army officers, militia commanders, tribal chiefs and party officials at the going rate. This political marketplace is eroding the institutions of government and reversing statebuildingÑand it is fuelled in large part by oil exports, aid funds and western military assistance for counter-terrorism and peacekeeping. The Real Politics of the Horn of Africa is a sharp and disturbing book with profound implications for international relations, development and peacemaking in the Horn of Africa and beyond.
Book Synopsis Making Climate Policy Work by : Danny Cullenward
Download or read book Making Climate Policy Work written by Danny Cullenward and published by John Wiley & Sons. This book was released on 2020-10-07 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: For decades, the world’s governments have struggled to move from talk to action on climate. Many now hope that growing public concern will lead to greater policy ambition, but the most widely promoted strategy to address the climate crisis – the use of market-based programs – hasn’t been working and isn’t ready to scale. Danny Cullenward and David Victor show how the politics of creating and maintaining market-based policies render them ineffective nearly everywhere they have been applied. Reforms can help around the margins, but markets’ problems are structural and won’t disappear with increasing demand for climate solutions. Facing that reality requires relying more heavily on smart regulation and industrial policy – government-led strategies – to catalyze the transformation that markets promise, but rarely deliver.
Book Synopsis John Maynard Keynes by : Jeffrey Escoffier
Download or read book John Maynard Keynes written by Jeffrey Escoffier and published by Chelsea House. This book was released on 1995 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Text and accompanying photographs present the biography of noted economist John Maynard Keynes. Keynes always tried to create his own theories, free from society's hidebound economic or moral creeds; he was an unapologetically gay man defying conventions at every turn.
Author :Hyman P. Minsky Publisher :Levy Economics Institute of Bard College ISBN 13 :9781936192311 Total Pages :185 pages Book Rating :4.1/5 (923 download)
Download or read book Ending Poverty written by Hyman P. Minsky and published by Levy Economics Institute of Bard College. This book was released on 2013 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although Hyman P. Minsky is best known for his ideas about financial instability, he was equally concerned with the question of how to create a stable economy that puts an end to poverty for all who are willing and able to work. This collection of Minsky's writing spans almost three decades of his published and previously unpublished work on the necessity of combating poverty through full employment policies-through job creation, not welfare.
