Hyman Minsky identifies three distinct "Income-debt relations for economic units" in his Financial Instability Hypothesis:

1. What are they? (describe each in great detail)
2. How does "good economic times" plant the seeds of its own destruction? (show how each of Minsky's economic positions transforms into the other)
3. What is a "Minsky Moment?" (describe in great detail)
4. During the "Great Recession" of 2008....can you identify "a Minsky Moment?!"
5. What drives capitalist financial markets toward "instability?"
6. Define two sources of instability that starts a "Bubble" going.
7. What makes Minsky's theory an "endogenous" theory of financial instability?
8. What is the necessary Public Policy Prescription that should result from Minsky's Financial Instability Hypothesis?
9. Compare this prescription (PPP)to Fama's Efficient Market Hypothesis.
10. How does our most recent experience with GAMESTOP reflect Minsky's Financial Instability Hypothesis?!
11. Does "Short Selling" lead to "efficient markets?!"