Wray, L. Randall - Levy Economics Institute - 2015
In this paper, I examine whether Hyman P. Minsky adopted an endogenous money approach in his early work--at the time … that he was first developing his financial instability approach. In an earlier piece (Wray 1992), I closely examined Minsky …. However, I will devote most of the discussion here to unpublished early manuscripts in the Minsky archive (Minsky 1959, 1960 …