Minsky's 'induced investment and business cycles'
回顾了明斯基的博士论文,总结其对方法论和微观经济学的贡献,并分析其思想在亨利·西蒙斯和马歇尔货币分析中的渊源,指出这些与后来采用的卡莱茨基利润理论存在矛盾。
This paper reviews the recently published PhD thesis of Hyman P. Minsky, summarising its main contributions to methodology and microeconomics. These are aspects of economics with which Minsky is not usually associated, but which lie at the foundation of his later work. They include critical remarks on Cambridge economics. The paper then draws out some antecedents of Minsky's ideas in the work of Henry Simons, and highlights the Marshallian monetary analysis that he adopted. It is argued that this analysis is incompatible with the Kaleckian theory of profits that Minsky was later to adopt.