The ghost of John Maynard Keynes, the father of macroeconomics, has returned to haunt us. With it has come that of his most interesting disciple, Hyman Minsky. We all now know of the “Minsky moment” – the point at which a financial mania turns into panic.
「宏觀經濟學之父」約翰•梅納德•凱恩斯(John Maynard Keynes)的幽靈又重返人間。聯袂而至的還有他最有趣的信徒海曼•明斯基(Hyman Minsky)。現在我們都知道什麼是「明斯基時刻」——那就是金融狂熱轉變爲恐慌的那一刻。
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