Uploaded August 2016 | Updated September 2026, 3 weeks ago

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Professor Steve Keen (Kingston University) explains Hyman Minksy's Financial Instability Hypothesis, based on the work of Irving Fisher and Keynes. The FIH is not well accepted/understood by the mainstream because it is fundamentally non-equilibrium and includes endogenous money.

See the whole video here: youtube.com/watch?v=-uZzVzwJZqY&index=4&list=PLqs7-zw9kiAL7D7hRxHqZhqI1xntIzPnM

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