Policy Note 2000/5 | May 2000

Can the Expansion Be Sustained?

A Minskyan View

Hyman P. Minsky’s insights into the relationship between profits, economic growth, and the public and private financial balances are particularly relevant to today’s conditions. How can a Minskyan view be applied to explain the processes that brought the economy to its current state and to recommend a policy stance for the future?

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