An introduction to Minsky's seminal theory on financial instability.
Hyman P. Minsky was an American economist. He studied at Harvard University under Joseph Schumpeter and taught at Washington University in St. Louis. The British economist John Maynard Keynes had a major influence on his work.
Translated from the English (American) by François-Xavier Priour (original title: The Financial Instability Hypothesis, Jerome Levy Economics Institute, 1992).