14 - I Don't Know How To Act My Age, I've Never Been This Old Before: Funny Birthday Gift Notebook Journal For 14 Year Old Girls and Boys

This chapter comes from Stabilizing an Unstable Economy, the seminal work by Hyman Minsky. It reveals his groundbreaking financial theory of investment, one that is startlingly relevant today. He explains why the American economy has experienced periods of debilitating inflation, rising unemployment, and marked slowdowns--and why the economy is now undergoing a credit crisis that he foresaw.