Original Research

Origins of economic instability: Real, financial or both? - Part II: An appraisal of Minsky's financial instability hypothesis

J. S. Hart
South African Journal of Economic and Management Sciences | Vol 2, No 2 | a2573 | DOI: https://doi.org/10.4102/sajems.v2i2.2573 | © 2018 J. S. Hart | This work is licensed under CC Attribution 4.0
Submitted: 03 July 2018 | Published: 30 June 1999

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J. S. Hart, Department of Economics, University of Natal, South Africa

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Abstract

Part I of the paper discussed Hyman Minsky's instability hypothesis and its main critics. Part II now gives a general appraisal of Minsky's theory.

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