i am not sure austrian economics can claim minsky as we know austrian is do nothing economics, and minsky wanted to nationalise the banks in order to set capital free from speculative bubbles speculative bubbles being a mis-alication of capital on a massive scale which with echoes of marx are not only enevitable in capitalism but teh coersive nature of capitalism acts to make bubbles
I prefer to call it the Wile E. Coyote moment.
maskedavenger777 3 months ago
i am not sure austrian economics can claim minsky as we know austrian is do nothing economics, and minsky wanted to nationalise the banks in order to set capital free from speculative bubbles speculative bubbles being a mis-alication of capital on a massive scale which with echoes of marx are not only enevitable in capitalism but teh coersive nature of capitalism acts to make bubbles
rictorn 5 months ago
Smart guy
andrepp1701 2 years ago