Interessante resumo da crise mundial do ponto de vista americano. Baseado na obra de Minsky, sugere algumas alternativas para evitar a repetição do desastre, principalmente em termos de regulação bancária mas também sugerindo o programa de garantia de emprego, da Modern Monetary Theory (MMT).
The real-world economic devastation wrought by the crisis, however, lingers on—as does the underlying brittleness of the financial system. We have not learned the lessons we ought to have learned from the global financial crisis (GFC), and have thus squandered our chance to engage in the real restructuring of the financial system that is necessary to prevent another crash. Although the prospects of further reform are now dead, we can at the very least prepare ourselves for the next crisis—and for the next opportunity to revive the financial structure debate—by learning the right lessons from the last crisis.
Randall Wray, “Waiting for the next crash: the Minskyan lessons we failed to learn”, real-world economics review, issue no. 58, 12 December 2011, pp. 59-68, http://www.paecon.net/PAEReview/issue58/Wray58.pdf