Since 2014
Debt deflation processes in today’s institutional environment
PSL Quarterly Review
View Archive Info| Field | Value | |
| Title |
Debt deflation processes in today’s institutional environment
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| Creator |
MINSKY, H.P.
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| Subject |
Debt deflation, over-indebtedness, institutional context, policy interventions
F34, E61 |
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| Description |
In the observations of the economy as it moved towards the great collapse of the winter of 1932-33, the elements of what happens when the market system breaks down are revealed. The work looks at the successful interventions of the 1960s and 70s, detailing how incoherence can be constrained and a semblance of coherence imposed. The author argues that although the processes that make for debt deflations and over-indebtedness are persistent characteristics of capitalist economies, the actual result of these processes in observable behaviour depends upon the institutional context and the force of policy interventions. Moreover, economic administration cannot be reduced to a simple routine.
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| Publisher |
Economia civile
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| Contributor |
—
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| Date |
2015-06-23
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13136
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| Source |
PSL Quarterly Review; Vol 35, No 143 (1982)
PSL Quarterly Review; Vol 35, No 143 (1982) 2037-3643 ISSN 2037-3635 |
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| Language |
eng
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| Relation |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13136/12947
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| Rights |
Copyright (c) 2016 H.P. MINSKY
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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