Bericht
Financial markets meltdown: What can we learn from Minsky?
In this new Public Policy Brief, Senior Scholar L. Randall Wray explains today's complex and fragile financial system, and how the seeds of crisis were sown by lax oversight, deregulation, and risky innovations such as securitization. He estimates that the combined losses throughout the entire financial sector could amount to several trillion dollars, and that the United States will feel the effects of the crisis for some time - perhaps a decade or more. Wray recommends enhanced oversight of financial institutions, much larger stimulus packages, and creation of a new institution in line with President Franklin D. Roosevelt's Home Owners' Loan Corporation.
- ISBN
-
978-1-931493-75-8
- Sprache
-
Englisch
- Erschienen in
-
Series: Public Policy Brief ; No. 94
- Klassifikation
-
Wirtschaft
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wray, L. Randall
- Ereignis
-
Veröffentlichung
- (wer)
-
Levy Economics Institute of Bard College
- (wo)
-
Annandale-on-Hudson, NY
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
- 10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Wray, L. Randall
- Levy Economics Institute of Bard College
Entstanden
- 2008
Ähnliche Objekte (12)
Minsky crisis
Minsky's money manager capitalism and the global financial crisis
Minsky's Analysis of Financial Capitalism
Extending Minsky's classifications of fragility to government and the open economy
Macroeconomics meets Hyman P. Minsky: the financial theory of investment
Minsky on banking: Early work on endogenous money and the prudent banker
Minsky's approach to employment policy and poverty: employer of last resort and the war on poverty
Waiting for the next crash: The Minskyan lessons we failed to learn
Financial Keynesianism and market instability
A Minskyan road to financial reform
Money manager capitalism and the global financial crisis
The Economic Contributions of Hyman Minsky: Varieties of Capitalism and Institutional Reform
Minsky crisis
Minsky's money manager capitalism and the global financial crisis
Minsky's Analysis of Financial Capitalism
Extending Minsky's classifications of fragility to government and the open economy
Macroeconomics meets Hyman P. Minsky: the financial theory of investment
Minsky on banking: Early work on endogenous money and the prudent banker
Minsky's approach to employment policy and poverty: employer of last resort and the war on poverty
Waiting for the next crash: The Minskyan lessons we failed to learn
Financial Keynesianism and market instability
A Minskyan road to financial reform
Money manager capitalism and the global financial crisis
The Economic Contributions of Hyman Minsky: Varieties of Capitalism and Institutional Reform
Minsky crisis
Minsky's money manager capitalism and the global financial crisis
Minsky's Analysis of Financial Capitalism
Extending Minsky's classifications of fragility to government and the open economy
Macroeconomics meets Hyman P. Minsky: the financial theory of investment
Minsky on banking: Early work on endogenous money and the prudent banker
Minsky's approach to employment policy and poverty: employer of last resort and the war on poverty
Waiting for the next crash: The Minskyan lessons we failed to learn
Financial Keynesianism and market instability
A Minskyan road to financial reform
Money manager capitalism and the global financial crisis