answer the questions about minsky
Part1:
and read the following: http://www.levyinstitute.org/publications/when-two-minskyan-processes-meet-a-large-shock-the-economic-implications-of-the-pandemic (Links to an external site.)
https://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=2300 (Links to an external site.)
Then answer the following questions:
1. According to the documentary, can the 2008 subprime crisis be viewed as a “Minsky moment”?
2. According to the readings, can the crisis we are living now be viewed as a “Minsky moment”? What are the processes today that can lead us to characterize it as such? What part of the readings did you have a hard time grasping?
Part2:
What are the main points in Minsky’s Financial Instability Hypothesis? Write a 1-2 paragraph post about it.
