Hyman Minsky

Economist, Academic

1919 – 1996

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Who was Hyman Minsky?

Hyman Philip Minsky was an American economist, professor of economics at Washington University in St. Louis, and a distinguished scholar at the [[Levy Economics Institute]] of Bard College. His research attempted to provide an understanding and explanation of the characteristics of financial crises, which he attributed to swings in a potentially fragile financial system. Minsky is sometimes described as a post-Keynesian economist because, in the Keynesian tradition, he supported some government intervention in financial markets, opposed some of the financial deregulation policies popular in the 1980s, stressed the importance of the Federal Reserve as a lender of last resort and argued against the over-accumulation of private debt in the financial markets.

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Born
Sep 23, 1919
Chicago
Parents
Nationality
  • United States of America
Profession
Education
  • Bachelor of Science, University of Chicago
  • Master's Degree, Harvard University
    Public administration
  • Doctorate, Harvard University
Employment
  • Washington University in St. Louis
Died
Oct 24, 1996
Rhinebeck

Submitted
on July 23, 2013

Citation

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"Hyman Minsky." Biographies.net. STANDS4 LLC, 2022. Web. 8 Dec. 2022. <https://www.biographies.net/people/en/hyman_minsky>.

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