The framework of the Financial Instability Hypothesis consists of a holistic approach to the changes within the capitalist economy of the United States and the evolution of the financial structure of the economy. Hyman Minsky always emphasized the importance of finance in the capitalist system...

There has been on-going controversy about the evolution of John Maynard Keynes’ thought on economic theory among economists of different schools of thought. Even though Keynes have always been considered a revolutionary in economic thought in relation with his ideas in the General Theory,...

The framework of Financial Instability Hypothesis consist of a holistic approach to the changes within the capitalist economy of the United States and the evolution of the financial structure of the economy. Hyman Minsky always emphasized the importance of finance in the capitalist system and...

The scholars of the History of Economic Thought, irrespective of their ideological school, have always regarded Adam Smith as the founding father of the discipline of political economy. Particularly, the first seeds of the economics discipline were believed to be sowed by An Inquiry into the...