Policy Notes No. 5
May 01, 2000
Can the Expansion Be Sustained?
A Minskyan View
Hyman P. Minsky’s insights into the relationship between profits, economic growth, and the public and private financial balances are particularly relevant to today’s conditions. How can a Minskyan view be applied to explain the processes that brought the economy to its current state and to recommend a policy stance for the future?
Policy Note 2000/5(204.78 KB)