September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930  

Recent Posts

M.L.V: ??? ???? ??????????..financial theory: Hyman Minsky

McCulley also points out that human nature is inherently pro-cyclical, meaning, in Minsky's words, that “from time to time, capitalist economies exhibit inflations and debt deflations which seem to have the potential to spin out of control. In such … [...]