Re: [OPE] Limits of Minsky

Great paper, very needed... but you'd agree that the limits of Palley
are that he doesn't take on board Marxist crisis theory based on the
overaccumulation-financialization links?
Cheers,
Patrick

GERALD LEVY wrote:
> 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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>
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Received on Fri Dec 11 15:06:15 2009