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Explain Minskys theory of financial instability. How has big government helped stabilize the macro economy in the post-war period? According to Minsky, the changes pursued

Explain Minsky’s theory of financial instability. How has big government helped stabilize the macro economy in the post-war period? According to Minsky, the changes pursued to stabilize the macroeconomy lead to stagflation. Explain.

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The speculation of financial instability was created by financial analyst Hyman Minksy He contended that monetary emergency is endemic in private enterprise since times of financial flourishing urged ... blur-text-image

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