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Hyman Minsky
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money manager capitalism
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Aghion, Philippe
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1
Paul Davidson's
Economics
Holt, Richard P. F.
;
Rosser, J. Barkley
;
Wray, L. Randall
-
1998
. This article reviews his contributions to monetary theory, international
economics
, aggregate supply theory, and … environmental
economics
. …
Persistent link: https://www.econbiz.de/10011935313
Saved in:
2
The dismal state of macroeconomics and the opportunity for a new beginning
Wray, L. Randall
-
2011
postwar period - from the Age of Keynes through the Friedmanian era and the return of Neoclassical
economics
in a particularly …
Persistent link: https://www.econbiz.de/10010281727
Saved in:
3
The unbearable weight of aging: How to deal with the "demographic time bomb"
Nersisyan, Yeva
;
Liu, Xinhua
;
Wray, L. Randall
-
2023
The aging of the global population is in the headlines following a report that China's population fell as deaths surpassed births. Pundits worry that a declining Chinese workforce means trouble for other economies that have come to rely on China's exports. France is pushing through an increase...
Persistent link: https://www.econbiz.de/10014474474
Saved in:
4
What's causing accelerating inflation: Pandemic or policy response?
Nersisyan, Yeva
;
Wray, L. Randall
-
2022
This paper examines the recent increase of the measured inflation rate to assess the degree to which the acceleration is due to problems created (largely on the supply side) by the pandemic versus pressures created on the demand side by pandemic relief. Some have attributed the inflation to...
Persistent link: https://www.econbiz.de/10014322567
Saved in:
5
Imbalances? What imbalances? A dissenting view
Wray, L. Randall
-
2012
It is commonplace to link neoclassical
economics
to 18th- or 19th-century physics and its notion of equilibrium, of a … of
economics
: from micro markets for fish that are traded spot, to macro markets for something called labor, and on to …
Persistent link: https://www.econbiz.de/10010286507
Saved in:
6
A Minskyan road to financial reform
Wray, L. Randall
-
2011
Economics
Institute on reconstituting the financial system (Minsky 1992a, 1992b, 1993, 1996). As part of that project, he …
Persistent link: https://www.econbiz.de/10010281697
Saved in:
7
The role of bounded rationality and imperfect information in subgame perfect implementation: An empirical investigation
Aghion, Philippe
;
Fehr, Ernst
;
Holden, Richard
; …
-
2015
In this paper we conduct a laboratory experiment to test the extent to which Moore and Repullo's subgame perfect implementation mechanism induces truth-telling in practice, both in a setting with perfect information and in a setting where buyers and sellers face a small amount of uncertainty...
Persistent link: https://www.econbiz.de/10011282523
Saved in:
8
Minsky on banking: Early work on endogenous money and the prudent banker
Wray, L. Randall
-
2015
In this paper, I examine whether Hyman P. Minsky adopted an endogenous money approach in his early work - at the time that he was first developing his financial instability approach. In an earlier piece (Wray 1992), I closely examined Minsky's published writings to support the argument that,...
Persistent link: https://www.econbiz.de/10010513077
Saved in:
9
The rise of money and class society: The contributions of John F. Henry
Semenova, Alla
;
Wray, L. Randall
-
2015
This paper explores the rise of money and class society in ancient Greece, drawing historical and theoretical parallels to the case of ancient Egypt. In doing so, the paper examines the historical applicability of the chartalist and metallist theories of money. It will be shown that the origins...
Persistent link: https://www.econbiz.de/10010513079
Saved in:
10
Outside money: The advantages of owning the magic porridge pot
Wray, L. Randall
-
2014
Over the past two decades there has been a revival of Georg Friedrich Knapp's "state money" approach, also known as chartalism. The modern version has come to be called Modern Money Theory. Much of the recent research has delved into three main areas: mining previous work, applying the theory to...
Persistent link: https://www.econbiz.de/10010513039
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