Integrating Schumpeter and Keynes: Hyman Minsky’s Theory of Capitalist Development

摘要: In a number of books and articles, Hyman P. Minsky influenced many today's institutional Post Keynesian economists. fact, often chose the pages this journal as place to present extend his Wall Street paradigm, financial theory investment, investment business cycles, latter which is called instability hypothesis (FIH). Those contributions have all received significant attention in recent years, along with Minsky's writings on what might be secular (multi-cycle) dimension FIH.1 What has gone almost entirely unnoticed, however, that during last decade life adopted, sought develop explore, an even more historical approach economic analysis-a capitalist development. This article seeks prompt professional consideration development by explaining presenting it. The begins describing interest such theory. then outlined, both terms its essential elements it applies US economy. Directions for future research are also identified.