The financial crisis. A crititcal analysis of its causes and consequences

Seminar paper from the year 2015 in the subject Economics - Finance, grade: 1,7, University of Applied Sciences Essen, language: English, abstract: In 2007 the biggest financial crisis after the ‘Great Depression’ of 1939 took place. One theoretical framework explaining financial crises of that kind was envisioned by Hyman P. Minsky (1919-1996) in the latter half of the 20th century and was not co...