EXTRA VIDEO: Minsky's Financial Instability Hypothesis and the Economics of Steve Keen
Автор: John Harvey
Загружено: 2020-03-23
Просмотров: 595
Not using this one in spring 2021 but I left it in because I thought you might be interested. I'm reviewing an article by the guy who won the award as the economist who most accurately forecast the financial crisis. See more below.
This video reviews the study questions related to Steve Keen's article, in which he creates a computer simulation model of Minsky's Financial Instability Hypothesis (or, rather, a macro model that includes it). It was based on this paper, published in 1995, that Dr. Keen decided we were moving toward a financial crisis. He started a blog in December 2005, calling attention to the dangers, and was later voted as the economist who most accurately forecast the Financial Crisis of 2007-8.
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