Birthdate: September 23, 1919
Sun Sign: Libra
Birthplace: Chicago
Died: October 24, 1996
Hyman Minsky, an American economist, gained recognition for his extensive research on financial crises and the vulnerability of financial systems. He was a professor of economics at Washington University in St. Louis and a distinguished scholar at the Levy Economics Institute of Bard College. Minsky’s work centered around elucidating the nature of financial crises, promoting government involvement in financial markets, resisting financial deregulation, highlighting the importance of the Federal Reserve, and cautioning against excessive private debt accumulation. His economic theories experienced a resurgence in relevance after the 2008 subprime mortgage crisis.
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