Can the 2008 subprime crisis be viewed as a “Minsky moment”?

Economics Discussion


Watch the movie (Links to an external site.)

and read the following: (Links to an external site.) (Links to an external site.)

Then answer the following questions:

  1. According to the documentary, can the 2008 subprime crisis be viewed as a “Minsky moment”?
  2. According to the readings, can the crisis we are living now be viewed as a “Minsky moment”? What are the processes today that can lead us to characterize it as such? What part of the readings did you have a hard time grasping?


What are the main points in Minsky’s Financial Instability Hypothesis? Write a 1-2 paragraph post about it.


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