261
Views
39
CrossRef citations to date
0
Altmetric
Original Articles

Integrating Schumpeter and Keynes: Hyman Minsky’s Theory of Capitalist Development

Pages 805-823 | Published online: 05 Jan 2016

References

  • Avenritt, Robert T. The Dual Economy: The Dynamics of American Industry Structure. New York: W. W. Norton, 1968.
  • Avenritt, Robert T. “The Dual Economy Twenty Years Later.” Journal of Economic Issues 21 (June 1987): 795–802.
  • Berle, Adolf A.M., and Gardiner C. Means. The Modem Corporation and Private Property. New York: Macmillan, 1933.
  • Bluestone, Barry, and Bennett Harrison. Growing Prosperity. Boston: Houghton Mifflin, 1999.
  • Cappelli, Peter, and Lauri Bassi, Harry Katz, David Knoke,, Paul Osterman,, and Michael Useem. Change at Work. New York: Oxford University Press, 1997.
  • Commons, John R. “Marx Today: Capitalism and Socialism.” The Atlantic Monthly 136 (November 1925): 682–693.
  • Commons, John R. Institutional Economics: Its Place in Political Economy. New York: Macmillan, 1934.
  • Council of Economic Advisers. Economic Report of the President. Washington, DC: United States Government Printing Office, 1999.
  • Crotty, James R. “Keynes on the Stages of Development of the Capitalist Economy: The Institutional Foundation of Keynes’s Methodology.” Journal of Economic Issues 24 (September 1990): 761–811.
  • Delli Gatti, Domenico, Mauro Mauro, and Hyman P. Minsky. “Financial Institutions, Economic Policy, and the Dynamic Behavior of the Economy.” In Behavioral Norms, Technological Progress, and Economic Dynamics: Studies in Schumpeterian Economics, edited by Ernst Helmstadter and Mark Perlman. Ann Arbor: University of Michigan Press, 1996.
  • Ferri, Piero, and Hyman P. Minsky. “The Breakdown of the IS-LM Synthesis: Implications for Post-Keynesian Economic Theory.” Review of Political Economy 1 (July 1989): 123–143.
  • Ferri, Piero, and Hyman P. Minsky. “Market Processes and Thwarting Systems.” Structural Change and Economic Dynamics 3, no. 1 (1992): 79–91.
  • Galbraith, John Kenneth. The Great Crash 1929. Boston: Houghton Mifflin, 1961.
  • Galbraith, John Kenneth. Economics and the Public Purpose. Boston: Houghton Mifflin, 1973.
  • Ghilarducci, Teresa. Labor’s Capital: The Economics and Politics of Private Pensions. Cambridge, Mass.: MIT Press, 1992.
  • Heilbroner, Robert, and Aaron Singer. TheEconomic Transformation of America: 1600 to the Present. New York: HarcourtBrace, 1994.
  • Hilferding, Rudolf. Finance Capital. 1910. Reprint, edited byTom Bottomore. London: Routledge & Kegan Paul, 1981.
  • Keynes, John Maynard. “Am I a Liberal?” 1925 lecture. In Essays in Persuasion. New York: Harcourt, Brace and Company, 1932, 323–338.
  • Krugman, Paul. “The Confidence Game.” The New Republic 219 (October 5, 1998): 23–25.
  • Levy Institute. “Hyman P. Minsky: The Success of Big Government Capitalism.” Levy Institute Report 4 (December 1994): 13–14.
  • Minsky, Hyman P. John Maynard Keynes. New York: Columbia University Press, 1975.
  • Minsky, Hyman P. “Capitalist Financial Processes and the Instability of Capitalism.” Journal of Economic Issues 14 (June 1980): 505–523.
  • Minsky, Hyman P. “Can It” Happen Again? Essays on Instability and Finance. Armonk, N.Y.: M. E. Sharpe, 1982a.
  • Minsky, Hyman P. “Debt Deflation Processes in Today’s Institutional Environment.” Banca Nazionale Del Lavoro Quarterly Review 35 (December 1982b): 375–393.
  • Minsky, Hyman P. Stabilizing an Unstable Economy. New Haven: Yale University Press, 1986a.
  • Minsky, Hyman P. “The Crises of 1983 and the Prospects for Advanced Capitalist Economies.” In Marx, Schumpeter and Keynes: A Centenary Celebration of Dissent, edited by Suzanne W. Helbum and David F. Bramhall. Armonk, N.Y.: M. E. Sharpe, 1986b.
  • Minsky, Hyman P. “Money and Crisis in Schumpeter and Keynes.” In The Economic Law of Motion of Modern Society: A Marx-Keynes-Schumpeter Centennial, edited by H. J. Wagener and J. W. Drukker. Cambridge, UK: Cambridge University Press, 1986c.
  • Minsky, Hyman P. “The Evolution of Financial Institutions and the Performance of the Economy.” Journal of Economic Issues 20 (June 1986d): 345–353.
  • Minsky, Hyman P. “Schumpeter: Finance and Evolution.” In Evolving Technology and Market Structure: Studies in Schumpeterian Economics, edited by Arnold Heertje and Mark Perlman. Ann Arbor: The University of Michigan Press, 1990a.
  • Minsky, Hyman P. “Money Manager Capitalism, Fiscal Independence, and International Monetary Reconstruction.” In The Future of the Global Economic and Monetary System, edited by M. Szabo-Pelsoczi. Budapest: Institute for World Economics, Hungarian Academy of Sciences, 1990b.
  • Minsky, Hyman P. “The Rationale for the Conference: An Agenda for the Good Financial Economy.” Remarks prepared for delivery at the Jerome Levy Economics Institute, November 21, 1991a. Photocopy.
  • Minsky, Hyman P. “The Transition to a Market Economy: Financial Options.” Jerome Levy Economics Institute Working Papers No. 66, November 1991b.
  • Minsky, Hyman P. “Reconstituting the United States’ Financial Structure: Some Fundamental Issues.” Jerome Levy Economics Institute Working Papers No. 69, January 1992.
  • Minsky, Hyman P. “Schumpeter and Finance.” In Market and Institutions in Economic Development: Essays in Honor of Paulo Sylos Labini, edited by Salvatore Biasco, Alessandro Roncaglia, and Michele Salvati. New York: St. Martin’s Press, 1993a.
  • Minsky, Hyman P. “Finance and Stability: The Limits of Capitalism.” Jerome Levy Economics Institute Working Papers No. 93, May 1993b.
  • Minsky, Hyman P. “A Positive Program for Successful Capitalism.” Draft paper, distributed by Minsky to his colleagues at the Jerome Levy Economics Institute, 1995a. Photocopy.
  • Minsky, Hyman P. “Longer Waves in Financial Relations: Financial Factors in the More Severe Depressions II.” Journal of Economic Issues 29 (March 1995b): 83–95.
  • Minsky, Hyman P. “Uncertainty and the Institutional Structure of Capitalist Economies.” Journal of Economic Issues 30 (June 1996a): 357–368.
  • Minsky, Hyman P. “Foreword.” In Political Economy for the 21st Century: Contemporary Views on the Trend of Economics, edited by Charles J. Whalen. Armonk, N.Y.: M. E. Sharpe, 1996b.
  • Minsky, Hyman P., and Charles J. Whalen. “Economic Insecurity and the Institutional Prerequisites for Successful Capitalism.” Journal of Post Keynesian Economics 19 (winter 1996-97): 155–170.
  • Munkirs, John R. The Transformation of American Capitalism. Armonk, N.Y.: M. E. Sharpe, 1985.
  • Niggle, Christopher J. “Financial Innovation and the Distinction between Financial and Industrial Capital.” Journal of Economic Issues 20 (June 1986): 375–382.
  • Niggle, Christopher J. “The Increasing Importance of Financial Capital in the U.S. Economy.” Journal of Economic Issues 22 (June 1988): 581–588.
  • Niggle, Christopher J. “The Evolution of Money, Financial Institutions, and Monetary Economics.” Journal of Economic Issues 24 (June 1990): 443–450.
  • Niggle, Christopher J. “The Endogenous Money Supply Theory: An Institutionalist Appraisal.” Journal of Economic Issues 25 (March 1991): 137–151.
  • Pontecorvo, Guilio. “Investment Banking and Security Speculation in the Late 1920s.” Business History Review 34 (summer 1958): 166–191.
  • Porter, Michael E. “Capital Disadvantage: America’s Failing Capital Investment System.” Harvard Business Review 70 (September-October 1992): 65–82.
  • Rima, Ingrid H. “Venture Capitalist Financing: Extending Minsky’s “Wall Street” Perspective, with Some Casual Empiricism.” Paper presented at the annual meeting of the Eastern Economic Association, New York City, February 24, 2001.
  • Useem, Michael. Investor Capitalism: HowMoneyManagers are Changing the Face of CorporateAmerica. New York: Basic Books, 1996.
  • Veblen, Thorstein. The Theory of Business Enterprise. New York: Charles Scribners Sons, 1904.
  • Veblen, Thorstein. Absentee Ownership and Business Enterprise in Recent Times. New York: B. W. Huebsch, 1923.
  • Whalen, Charles J. “Money-Manager Capitalism and the End of Shared Prosperity.” Journal of Economic Issues 31 (June 1997): 517–525.
  • Wolfson, Martin H. Financial Crises: Understanding the Postwar U.S. Experience. Armonk, N.Y.: M. E. Sharpe, 1994.
  • Wray, L. Randall. Money and Credit in Capitalist Economies: The Endogenous Approach. Aldershot, UK: Edward Elgar, 1990.
  • Wray, L. Randall. UnderstandingModern Money: The Key to Full Employment and Price Stability. Cheltenham, UK: Edward Elgar, 1998.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.