FESSUD researcher from Tallinn Technical University, Jan A. Kregel, sees the first collection of his essays being published by Anthem Press, UK: “Economic Development and Financial Instability.“
The selected essays deal with a wide range of topics focusing on the role of finance in development and growth. Kregel has expanded Minsky’s original postulate that in capitalist economies stability engenders instability in international economy, and this volume collect’s Kregel’s key works devoted to financial instability, its causes and effects. The volume also contains Kregel’s most recent discussions of the Great Recession beginning in 2008.
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