Financial Instability Hypothesis Part 1

By Steven Keen - University of Western Sydney

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Lecture Description

I discuss the economists who influenced Minsky--Marx, Fisher, Schumpeter and Keynes--as a prelude to outlining Minsky's Financial Instability Hypothesis.

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Located in Sydney, Australia, the University of Western Sydney is among the top-ranked colleges in the world with six campuses in New South Wales. Its roots can be traced back to 1891, where the Hawkesbury campus was founded as an argicultural school. However, each campus has its own unique history, and the university (an amalgamation of its many campuses) was made official in 2000. Despite its short and recent history as the University of Western Sydney, this institution has produced many notable alumni including politicians, executives, authors and journalists.

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