And the economics profession shifts a bit more
by Benjamin on May 26, 2009
To be fair, it took me several decades before I learned to appreciate Keynes in the original. Maybe a reread will make me see the depths of Minsky’s insight across the board. Or maybe not.
I guess the point is that you can be a bad writer and a great economist. And I really am gravitating toward a Keynes-Fisher-Minsky view of macro, although of the three I’d much rather read Keynes.
That would be Paul Krugman in his NYT blog as he is reading Minsky’s Stabilizing and Unstable Economy. I am not suggesting the whole world has changed, but as ever, in the afterglow of a crisis, the books of Minsky and Keynes are cracked open for another look.
Tags: academia, Economics, Hyman Minsky, John Maynard Keynes, Paul Krugman
