A number of blog members have noted that they’d like to have my PhD thesis on Minsky available, as well as my more recent papers on financial instability and endogenous money.
As a first step, here is a link to my PhD thesis. It’s written in my usual style, though because it’s equation heavy, it wouldn’t qualify as bedtime reading. Early next week I hope to reorganise my Research Page to have most of my academic papers accessible there, and structured according to topic.
I have also finally begun work on Finance and Economic Breakdown for Edward Elgar Publishers, which I hope to complete by late next year and have published in 2011. That will be my “magnum opus” development of Minsky’s Financial Instability Hypothesis, and of course my analysis of the GFC. It will be in a much more accessible format than this thesis–all equations confined to Appendices, and tabular and flowchart (read systems engineering) expositions of models in the text.
That’s the good news; the bad news is that, with this major writing and researching task on my plate, I won’t be as able to respond to blog posts as I currently am. But I’ll do my best, and Debtwatch will remain active as the book is written. At the very least, I’ll publish the monthly Debtwatch Report on the first Monday of the month.






April 16th, 2009 at 1:45 pm
Thanks Steve.
You are a good and generous man.
Furball
April 16th, 2009 at 1:48 pm
I flicked through the PhD, it should make for interesting reading.
I wonder what our economy would be like if it was based upon sound economy theory and policy. What would corporate executives and manual laborers earn (really equating income with marginal productivity)? What would be the degree of equity and debt ownership be? And so on.
April 16th, 2009 at 4:30 pm
Steve,
Let me wish you all the success you deserve with your new book. I hope it’s a stormer!
Cheers.
April 16th, 2009 at 7:39 pm
cant wait steve,
important thing is the title and the chapter headings, its got to be catchy.
we want you on oprah!!
i’m sure its going to be a real parchment turner
couple of ideas for titles
“economic breakdown and how we learned to love the debt”
or how about
“a funny thing happened on the way to the market”
or
“ER (economic rescue)”
or
“ben benanke, adventures in la la land”
or
“honey i shrunk the economy”
April 16th, 2009 at 7:46 pm
corrction
“honey ,they shrank the economy”
April 16th, 2009 at 9:12 pm
correction,
“a funny thing happened on the way to the free market”
April 17th, 2009 at 12:00 pm
Hi Steve, thought you might find this interesting. It’s a speech by SF Fed Pres. Janet Yellen entitled ‘A Minsky Meltdown: Lessons for Central Bankers’ on the 16th April 2009.
http://www.frbsf.org/news/speeches/2009/0416.html
April 18th, 2009 at 2:08 am
A Minsky Meltdown
March 22nd, 2010 at 8:56 pm
[...] Leadbelly April 17th, 2009 at 12:00 pm Hi Steve, thought you might find this interesting. It’s a speech by SF Fed Pres. Janet Yellen [...]