Hyman Minsky

Hyman Minsky-ren lanekin aritu naiz aspalditik[1].

Azkenean hemen aipatu dut[2].

Randall Wray-k dioenez[3], oraintxe Minsky prentsan ere azaldu da[4], haren teoriak aipatuz[5]. Baita hark proposaturiko zenbait irtenbide ere[6].

Minksy dugu DTMren oinarri sendo bat.


[4] Ikus http://www.guardian.co.uk/commentisfree/2013/jun/07/labour-jobs-guarantee. Ingelesez: “Minsky’s theories of financial instability suggested that capitalist economies were prone to serious downturns in which huge amounts of the labour force would find themselves unemployed. What’s more, this would lead to large shortfalls in demand for goods and services which would further exacerbate such downturns. The result was a vicious circle that would become worse and worse as the financial system evolved into an increasingly fragile entity and households and businesses became increasingly mired in debt.”

[6]  Ingelesez: “The only way out of this was to build robust institutions that insulated working people from the excesses of the system. While progressive taxation and unemployment benefits went some way toward both protecting workers and propping up demand during downturns, it did not, according to Minsky and his followers, go nearly far enough. They believed that governments should offer a job to anyone willing and able to work and then pay for these jobs by engaging in increased deficit spending – as they currently do with unemployment benefits during downturns.”

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