Aula 7 | Minsky and Money Manager Capitalism | Prof L. Randall Wray

LECTURE 7 – THE RISE OF MONEY MANAGER CAPITALISM AND THE GLOBAL FINANCIAL CRISES (Institute of Economics, Campinas, Unicamp, August 165h, 2018)

In this lecture, the last one of the Modern Money Theory Course, Professor L. Randall Wray discusses the main characteristics of contemporary Money Manager Capitalism and the road that lead to the 2008 financial crisis. He also analyses the Euro Crisis from the perspective of Modern Money Theory, stating that the main problem is that member states abandoned sovereign currency. At the end of the lecture some policy options are assessed.

Bibliografia:

Minsky, H. Uncertainty and the Institutional Structure of Capitalist Economies. Working Paper,
n. 155. Levy Economics Institute, 1996.
Wray, L. Global Financial Crisis: a Minskyan interpretation of the causes, the Fed’s bailout,
and the future. Working Paper, n. 711. Levy Economics Institute. March, 2012.

Apresentação PPT: https://goo.gl/Uq7mso

Imagens: Alexandre Motta