海曼·明斯基的金融不稳定假说之评析

The Review of Minsky's Financial Instability Hypothesis

明斯基金融不稳定假说的核心思想是资本主义经济固有的不稳定性。明斯基继承了凯恩斯的思想,同时吸收了熊彼特关于货币信用的观点。在经济波动的内生与外生方面、政府是否应干预经济方面、金融与经济周期的关系方面,金融不稳定假说与主流经济学存在着不同的观点。

The central idea of Minsky＇ s financial instability hypothesis is that capitalist economies are inherently unstable. Minsky inherited Keynes＇ s thinking and assimilated Schumpeter＇ s credit view of money. Financial instability hypothesis differs from the mainstream economics in the aspects of whether capitalist economies rely on exogenous or endogenous shocks to generate business cycle and whether it is fight for governments to interfere in economic activities and the relationship between finance and economic circles.