Hyman Minsky

inoculatedinvestor's picture

The Unforgettable Lessons of Hyman Minsky

Submitted by inoculatedinvestor on 10/29/2009 01:02 -0500



In the ongoing debate between the so called freshwater and saltwater economists about how the US got into this mess and how we are going to get out, what somehow often gets lost are the prophetic words of Hyman Minsky. Investors would be well advised to understand Minsky’s ideas concerning financial instability, especially given the current market euphoria.

 
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