Abstract
As one of the handful of economists who anticipated the crisis (Bezemer, 2009; Fullbrook, 2010), my hindsight explanation of the crisis is the same as my foresight prediction of it in December 2005: it was a copybook manifestation of the final debt-deflationary stage in Hyman Minsky’s 'Financial instability hypothesis'.
| Original language | English |
|---|---|
| Title of host publication | The Global Financial Crisis: What Have We Learnt? |
| Editors | Steven Kates |
| Place of Publication | U.K. |
| Publisher | Edward Elgar |
| Pages | 111-125 |
| Number of pages | 15 |
| ISBN (Electronic) | 9780857934239 |
| ISBN (Print) | 9780857934222 |
| Publication status | Published - 2011 |
