This research program encompasses monetary policy, modern money, public finance, and the structure of markets and institutions operating in the financial sector. Research builds on the work of Distinguished Scholar Hyman P. Minsky and examines the institutional, regulatory, and market arrangements that contribute to financial instability, as well as the policies necessary to contain it.
Associated Scholars
623 Related Publications
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Working Paper No. 1132October 15, 2026
Liquidity Trap: What Is to Be Done?
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Policy Note No. 2026/9October 14, 2026
Smoothing the Stress Test: Averaging Reduces Capital Requirement Volatility, Not Fragility
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Policy Note No. 2026/8September 22, 2026
Is the US Running Out of Time as the Rest of the World Runs Out of the Dollar?
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Working Paper No. 1131September 05, 2026
Toward a Marx-Keynes-Minsky Synthesis
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Policy Note No. 2026/7September 04, 2026
Treasury Buybacks: Much Ado About Nothing?
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Policy Note No. 2026/6August 28, 2026
Congress Is Rightly Tired of Budget Boys Crying “Wolf!”
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Policy Note No. 2026/5July 31, 2026
Warsh: Caught Between a Rock and a Hard Place
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Working Paper No. 1122July 08, 2026
Plutonomy—the AI Edition—and the Coming Crisis
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Working Paper No. 1121July 02, 2026
How an Energy Transition Underlay the Great Depression
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Policy Note No. 2026/4July 02, 2026
The Retailization of Private Markets and the Rise of Ponzi Finance
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Working Paper No. 1119June 29, 2026
Keynes, Minsky, and Me
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Working Paper No. 1117June 08, 2026
Money Manager Capitalism and the Growth and Spread of Ponzi Finance, Private Market Version