Economics Commons^™

The Financial Instability Hypothesis: A Clarification, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Remarks prepared for "Conference on Reducing the Risks of Economic Crisis," National Bureau of Economic Research, Inc. (NBER), Cambridge, Mass.

Outline For Modern Money: Preconditions For A Successful Capitalism, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Original outline for proposed volume to be written for Bank of Etruria, Banca Popolare dell'Etruria e del Lazio.

Also attached is the outline when Minsky again took up the idea of the book, in 1993.

Privatize Deposit Insurance, Jeffrey Rogers Hummel

Faculty Publications

No abstract provided.

Is "It" Happening, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

This paper is a spin off from comments made on March 18, 1989 at The Jerome Levy Economics Institute of Bard College. The final version from June is posted as the main download. Next is the original. The final two are interim revisions.

Developments In The Agricultural Sector During The Second Quarter Of 1989, Central Bank Of Nigeria Cbn

Economic and Financial Review

There was a renewed optimism during the quarter that substantial growth in output could occur during the year, if the improvement in weather conditions and production environment was sustained. Available data showed that average monthly rainfall during the quarter was 177.53mm, representing a substantial rise over the 15 .4mm of the preceding quarter (which experienced an unusually prolonged dry spell) and about 18.3 per cent over the level of 150.1mm in the corresponding period of 1988. The distribution pattern showed that all the states of the Federation recorded rains during the quarter.

Developments In The Industrial Sector In The Second Quarter Of 1989, Central Bank Of Nigeria Cbn

Economic and Financial Review

Aggregate industrial output improved during the second quarter of the year in spite of the problems of high production costs and liquidity constraints. The index of industrial production at 225.6 (1972 = 100) increased by 6.7 and 3.6. per cent over its levels 'in the corresponding quarter of 1988 and the first quarter of 1989, respectively (see table I). Compared with its level in the corresponding quarter of 1988, the rise in industrial output was accounted for by the respective increases of 20.6 and 2.4 per cent in mining and manufacturing output which outweighed the decline of 2.8 per cent …

Stock Market Report For The Second Quarter Of 1989, Central Bank Of Nigeria Cbn

Economic and Financial Review

The main event that dominated the transactions on the Nigerian Stock Exchange during the second quarter, 1989 was the compulsory transfer of the accounts of ministries and parastatals from the commercial and merchant banks to the CBN. In an attempt to raise their liquidity positions the banks and other private holders of Federal Government Development Stocks unloaded their holdings of the stocks on the Exchange. Consequently, the total volume of stocks traded rose from 14.9 million in 6558 deals during the first quarter of 1989 to 270.9 million in 8307 deals in the quarter under review. Compared with the corresponding …

Developments In The External Sector During The Second Quarter Of 1989, Central Bank Of Nigeria Cbn

Economic and Financial Review

The pressure on the external sector eased considerably in the second quarter of 1989 as foreign exchange flows into. and out of the economy indicated a turn around from a net outflow of 'fijl .7 million in the second quarter of 1988 to a net inflow of $245 .0 million. The improvement was attributed to increased earnings by the oil sector due to the rise in crude oil prices and export volume, increased drawings on external loans, decline in debt service and reduced funding of the foreign exchange market. However, the position represented a deterioration when compared with the net …

Profits, Deficits And Instability: A Policy Discussion, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Remarks by Hyman P. Minsky. Presented at the Inaugural Conference of the Jerome Levy Economics Institute of Bard College, Profits and Instability, March 16-18, 1989. Moderator: Tom Asimakopulos. Participants: Robert Eisner, Charles Kindleberger, Hyman Minsky and Albert Wojnilower. (Revised?) March 25, 1989.

Beyond Post-Keynesian Economics, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Paper presented atThe Missouri Valley Economics Assoc., Allis Plaza Hotel, Kansas City, Mo., Feb. 23, 1989.

Discussion And Comments On "Economic Implications Of Extraordinary Moments In Stock Prices", Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Minsky's comments on paper written by Friedman and Laibson, which is also included.

Money Manager Capitalism, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

No abstract provided.

Priors, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

This appears to be an outline of topics for publication.

Deposit Insurance Is Doing The Job It Was Designed To Do: The Economics Of Keyes Is Working. The New Deal Is Working., Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

No abstract provided.

Duplicate Section 8, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Rogers, C. (1989). Money, interest and capital: A study in the foundations of monetary theory [Excerpt; photocopy]. Cambridge, England: Cambridge University Press.

Notes On Occ And Labor Productivity, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Typed notes on labor productivity, materials requirements, and the rising organic composition of capital [Pages 2–4, including a discussion of Marx’s Grundrisse]. Shaikh, A. (n.d.). Unpublished manuscript.

• The regime of intensive accumulation of the post-war [Graphs titled Figure 1: Capital labor ratio and Figure 7: Labor productivity index by department (1950–100)]. Juillard, M. (1989, March). Unpublished manuscript.

• Technical, value, materialized, & organic compos. – Definitions [Handwritten notes by Anwar Shaikh, PhD, discussing technical composition, value composition, and materialized composition]. Shaikh, A. (1987, March 23). Unpublished manuscript.

Levy Conference A Dynamic Approach, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (1989, March 29). Turbulent regulation vs. "equilibrium" [Handwritten notes on turbulent macrodynamics and price-of-production regulation].
• Shaikh, A. (1988, December). A dynamic approach to the theory of effective demand [Opening typescript fragment].
• Shaikh, A. (1989, April 10). Revised Eff DD [Handwritten mathematical notes on effective-demand dynamics].
• Shaikh, A. Levy Conference [Handwritten presentation notes]. (n.d.).
• Shaikh, A. Untitled equations for profit dynamics [Handwritten mathematical notes]. (n.d.).
• Shaikh, A. My presentation [Handwritten presentation notes on effective-demand dynamics]. (n.d.).
• Shaikh, A. (1988, December 28). Points on Eff DD 2: Price/cost dynamics [Handwritten notes].
• Shaikh, A. (1988, December 29). AEA/ASSA: …

Competition, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Competition [Folder]. (1989). In C. Rogers, Money, interest and capital: A study in the foundations of monetary theory (Chaps. 1–3, 10–11) [Excerpts; photocopies]. Cambridge, England: Cambridge University Press.

Money Manager Capitalism, Fiscal Independence And International Monetary Reconstruction, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Paper prepared for a Round Table Conference: The Relationship between International Economic Activity (Trade and Employment) and International Monetary Reconstruction. The Conference was held August 25-26, 1988, at Castle Szirak, Hungary.

The Economics Of Instability, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

An outline for a book with ten chapters.

Schumpeter: Finance And Evolution, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Prepared for a Conference: “Evolution of Technology and Market Structure in an International Context.." Sponsored by The International Schumpeter Society and The Universita degli Studi di Siena, Siena, Italy, May 24-27, 1988. Typed manuscript dated July 14, 1988.

Also included here is the paper as it appeared pp. 51-74, in Arnold Heertje and Mark Perlman, Ed. "Evolving Technology and Market Structure: Studies in Schumpeterian Economics." Ann Arbor, MI: The University of Michigan Press, 1990.

Financial Crises And The Evolution Of Capitalism: The Crash Of '87: What Does It Mean?, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

A prior version of this paper was presented at a session on “The Crash of ’87 - What Does It Mean?”, that was arranged by URPE at the Allied Social Science Association Meeting in Chicago, Illinois on Tuesday, Dec. 29, 1987. It also subsequently appeared as a chapter in, Capitalist development and crisis theory : accumulation, regulation, and spatial restructuring, Gottdiener M. and Nicos Komninos, eds. New York : St. Martin's Press, 1989.

In A World Of Uncertainty, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

“In a World of Uncertainty," pp. 42-44, Against the Current, May/June 1988.

International Lending To The Third World, Mark Leddy

Economics Staff Paper Series (1969 - 2017)

The main emphasis of this paper is on the debt repayment difficulties experienced by the Less Developed Countries (LDCs) in the 1980's. These difficulties are a result of a combination of factors which have led to large accumulations of debt in these countries. The outstanding debt of the LDCs increased from $152 billion in 1975 to $850- $875 billion in 1985 (Meltzer, 1987). According to Dale and Mattione (1983), the major reasons country borrowers pursue foreign loans are: (1) Such loans allow both governments and companies to finance investments that will increase income or exports; (2) Foreign loans offer countries …

Finance Capitalism Late 20th Century Style: Containing International Instabilty, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Three papers with this title are given here. The main download is the longest version. Included is a slightly shorter version and a five-page draft.

Count-Down To November 1988, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

The main download here is a longer version of the article. This was intended for the publication, Mondoperaio. Also available here is a shorter version of the article, intended for publication in the St. Louis Journalism Review, and a cover letter written by Minsky and sent to Mr. David Moberg of In These Times.

Notes On Goodwins Mode Of Accumulation, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Notes on Goodwin’s model of growth with a reserve army of labor: Discussing the logical structure and basic dynamics of the Goodwin (1967) model, the reserve army of labor, and the Lotka-Volterra predator-prey system [Paper]. Shaikh, A. (1988, November 1). Unpublished manuscript.

Duplicate Section 8 Horizontalists And Verticalists, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Moore, B. J. (1988). Horizontalists and verticalists: The macroeconomics of credit money (Chaps. 10–11) [Excerpts; photocopies]. Cambridge, England: Cambridge University Press.

Kalecki, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Shaikh, A. (1980, October 5). Kalecki on shocks and cycles (Theory of economic dynamics; MR, 1968) [Handwritten notes].

• Shaikh, A. (1985, February 22). Keynes/Kalecki on finance [Handwritten notes].

• Shaikh, A. (1985, February 28). Kalecki on investment [Handwritten notes].

• Shaikh, A. (1986, September 23). Capitalist consumption and savings [Handwritten notes].

• Shaikh, A. (1986, November 30). Comparisons between Keynes and Kalecki [Handwritten notes].

• Shaikh, A. (1986, December 17). Kalecki’s theory of intra-industry price variations [Handwritten notes].

• Shaikh, A. (1987, June 4). Stock mkt and the firm (Steindl, 1952, Maturity and stagnation in …

Short Run Adjustment 1988 Credit Cards Spares, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes.

• Shaikh, A. (1988, October 9). Short-run model with variable unit costs and inventory adjustment [Unpublished handwritten manuscript]. Anwar Shaikh, PhD.

• Shaikh, A. (1988, October 19). New short-run model with constant inventory and marginal revenue sales ratios [Unpublished handwritten manuscript]. Anwar Shaikh, PhD.

• Shaikh, A. (1987, April 7). Harrod and Goodwin [Unpublished handwritten manuscript]. Anwar Shaikh, PhD.

• Shaikh, A. (n.d.). Professor von Neumann’s definition of a process of production [Unpublished handwritten manuscript]. Anwar Shaikh, PhD.

• Shaikh, A. (n.d.). Definitions of investment: Fixed and circulating [Unpublished handwritten manuscript]. Anwar Shaikh, PhD.

• Kaldor, N. …