Hints and tips:
...Economic sages Hyman Minsky and JK Galbraith saw markets as innately unstable. They were right. You do not hear the whistle of the bullet that hits you....
...One possibility, endorsed by BlackRock’s Larry Fink and others, is to sponsor carbon wind-down portfolios for fossil fuel and electricity production....
...In August 2019, Larry Fink, co-founder of BlackRock, the world’s largest asset management group, flew out to the remote wilderness of Lake Iliamna in south-west Alaska....
...Channelling Larry Summers’ previous observation that the global economy seems to be fuelling itself on bubbles, Levy warns the so-called “Big Balance Sheet Economy” must keep swelling private balance sheets...
...Hyman Minsky is an example of a scholar whose warnings were ignored in part because they were not formalised, not because they were incoherent or illogical....
...Originally revealed by The New York Times, the case pits dealer Larry Gagosian against Pelham Europe, the company owned by former Christie’s specialist Guy Bennett, now working as an agent for the Qatari...
...The late Hyman Minsky, I point out, argued that “stability destabilises”. So did the very notion of a “great moderation” cause the imprudent behaviour?...
...Hyman Minsky 38. This country’s experience of the recent financial crisis led to the implementation of capital controls....
...Ours has been a world of “confidence, cleverness and too much cheap credit”, says Wolf: “This is not new… The late Hyman Minsky, who taught at the University of California, Berkeley, laid down the canonical...
...The late Hyman Minsky, who taught at the University of California, Berkeley, laid down the canonical model....
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