The End of Rational and Magic Finance: The Minsky Moment

Article Sidebar

PDF HTML XML EPUB
Abstract Views: 133
PDF Views/Downloads: 33
HTML Views/Downloads: 12
XML Views/Downloads: 16
EPUB Views/Downloads: 13

Published: Apr 25, 2023
Updated: 25-04-2023
Versions:
25-04-2023 (7)
DOI: https://doi.org/10.54646/bijfmr.2022.01
Keywords:
Magic Finance
Minsky Moment
Forecasting
Speculators

Main Article Content

Authors

Fabrizio Pezzani
Senior Professor, Department of Social and Political Sciences, Bocconi University, Milano, Italy

Abstract

If I may be allowed to appropriate the term speculation for the activity of forecasting the psychology of the market, and the term enterprise for the activity of forecasting the prospective yield of assets over their whole life, it is by no means always the case that speculation predominates over enterprise.

Share This Article On Social Media
Usage Statistics

Article Details

How to Cite
Pezzani, F. (2023). The End of Rational and Magic Finance: The Minsky Moment. BOHR International Journal of Finance and Market Research, 1(1), 1–7. https://doi.org/10.54646/bijfmr.2022.01 (Original work published February 3, 2023)
Issue
Vol. 1 No. 1 (2022): BOHR International Journal of Finance and Market Research (BIJFMR)
Section
Methods