Tue. February 9, 2010
 Public Policy Brief Highlights | April 2008 Financial Markets Meltdown: What Can We Learn from Minsky?
According to Senior Scholar L. Randall Wray, the current crisis in financial markets can be traced back to securitization (the “originate and distribute” model), leverage, the demise of relationship-based banking, and a dizzying array of extremely complex instruments that—quite literally—only a handful understand.
Publication(s):
View all associated program(s) publications:
The State of the U.S. and World Economies
Monetary Policy and Financial Structure |
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Author(s):
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| L. Randall Wray |
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Search Levy.org
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Upcoming:
19th Annual Minsky Conference
After the Crisis: Planning A New Financial Structure
After the Crisis: Planning A New Financial Structure
April 14–16, 2010
Supported by the
June 22–23, 2009
April 16–17, 2009
Supported by the
Conference:
November 14, 2008
