- Tendency of capitalists to incur debt on the basis of euphoric expectations
- The importance of long-term debt
- The destabilizing impact of income inequality
- The stabilizing role of government

My interest in this paper is that it is the first attempt that I have come across so far that presents a mathematical model of Minsky's Financial Instability Hypothesis. I would like to try to somehow incorporate these ideas into a network model...here is a link to a paper by Gallegati et al that uses an agent-based approach to model some of these ideas.

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