FYI. / Jerry
From: mail@thomaspalley.com
Subject: Limits of Minsky
Date: Fri, 11 Dec 2009 12:33:51 -0500
Dear Friends and Colleagues,
The economic crisis has directed much attention to the work of Hyman Minsky. That attention is deserved, but I also believe Minsky’s theory provides an incomplete explanation of the crisis.
I have therefore written a paper (see attached) titled “The Limits of Minsky’s Financial Instability Hypothesis as an Explanation of the Crisis”.
I hope you find it interesting.
Sincerely,
Tom Palley
Thomas Palley
Schwartz Economic Growth Fellow
New America Foundation
Tel: (202)-667-5518
e-mail: mail@thomaspalley.com
www.thomaspalley.com
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