Stabilizing an Unstable Economy

Hyman Minsky1986book

Selected reading: Selected demand, monetary-history and financial-instability arguments.

Open the source ↗

How to study this source

  • How does money shape an economy?

    coreSelected demand, monetary-history and financial-instability arguments

    Trace how financing commitments and changing expectations can amplify instability.

Ideas and questions

Read background definitions when a term blocks the argument. Then return to the source and reconstruct its claim in your own words.

Read alongside, read against

  • Interest and Prices

    Michael Woodford. Compare assumptions, evidence and scope with the source above. These are editorial companions, not necessarily direct responses.

  • The Holy Grail of Macroeconomics

    Richard Koo. Compare assumptions, evidence and scope with the source above. These are editorial companions, not necessarily direct responses.

  • Lords of Finance

    Liaquat Ahamed. Compare assumptions, evidence and scope with the source above. These are editorial companions, not necessarily direct responses.

  • This Time Is Different

    Carmen Reinhart · Kenneth Rogoff. Compare assumptions, evidence and scope with the source above. These are editorial companions, not necessarily direct responses.

  • Manias, Panics and Crashes

    Charles Kindleberger. Compare assumptions, evidence and scope with the source above. These are editorial companions, not necessarily direct responses.