Abstract
One of the reasons for this Conference on Financial Fragility is Hy Minsky’s continued attention over 40 years to the economic instability hypothesis: that the financial system in a market economy is inherently unstable. Hy more than any other economist in the last several generations has stressed the dependence of the real economy on the stability of somewhat fragile financial institutions.
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© 1995 Springer Science+Business Media New York
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Aliber, R.Z. (1995). Summary of Conference. In: Benink, H.A. (eds) Coping with Financial Fragility and Systemic Risk. Financial and Monetary Policy Studies, vol 30. Springer, Boston, MA. https://doi.org/10.1007/978-1-4757-2373-1_18
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DOI: https://doi.org/10.1007/978-1-4757-2373-1_18
Publisher Name: Springer, Boston, MA
Print ISBN: 978-1-4419-5155-7
Online ISBN: 978-1-4757-2373-1
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