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“mark c gonzalez”

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  • The Stability Trap: The Inevitable Destruction of the Minsky Cycle

    Debt, Euphoria, and the Macroeconomic Law of Self-Destructing Financial Markets

    by Mark C. Gonzalez ...
    Conventional economic theory assumes that financial markets naturally tend toward equilibrium and stability. The brilliant, unorthodox economist Hyman Minsky proved the exact opposite: stability is not the cure for market crashes; it is the direct cause of them. The Minsky Cycle dictates a terrifying macroeconomic law. When an economy experiences a long, prosperous period of calm, investors and ... Read more

    $5.99 USD