Argitis, Giorgos - In: European Journal of Economics and Economic Policies: … 10 (2013) 1, pp. 28-43
The purpose of this paper is to provide an exposition of Veblen's and Minsky's views on the financial markets and to …-breaking insight, as well as of liquidity and solvency in the real-world financial markets characterized by uncertainty, innovations … and evolving institutions. I remark that Veblenian and Minskian financial markets are naturally and endogenously unstable …