Hyman Minsky is renowned for his theoretical and empirical investigation of the capitalist economy. Economics scholars from Europe, the US, Canada, and Australia provide an account of his
contribution to the analysis of capitalism and to the fields of monetary and post-Keynesian economics. They look at his role in analyzing the macroeconomy, monetary policy, and instability, and
consider the structural instability of a sophisticated market economy, the NAIRU, Minsky's financial fragility hypothesis, his business cycle theory, and his investment theory. Of interest to
scholars of financial economics, post-Keynesian economics, and the history of economic thought. The editors teach economics at the University of Bergamo, Italy. Annotation c. Book News, Inc.,
Portland, OR (booknews.com)
