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Unformatted text preview: 6. Outline Minskys policy perspective given on pages 10 & 11. In Preparation for Class Discussion and for you Financial Crisis paper, read the following lessons from the Financial Crisis from Cecchetti: (first page # is from the custom text/ second is from 3 rd edition) 1. Liquidity and Market Making Ch2 p.28/28 2. Leverage Ch 3. P 45/45 3. Interbank Lending Ch 3 p59/59 4. Shadow Banks Ch 3. P 61/61 5. Information Asymmetry Ch 11p 233/275 6. Insufficient capital Ch 12 p 250/302...
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- Winter '10