Kindleberger E L’Instabilità (Kindleberger and Instability) (in Italian)
Moneta e Credito, Vol. 63, No. 251, pp. 203-220, 2010
18 Pages Posted: 20 Apr 2011 Last revised: 3 Oct 2011
Date Written: April 14, 2011
The article is part of the special issue of the journal on Charles P. Kindleberger (CPK). By reviewing CPK’s works the authors investigates the contributions by Kindleberger not mainly as a historian but as an economist. Kindleberger’s theory of financial crises is reconstructed, drawing from the authors work in the field of economic history and history of economics. A typical structure of financial crises in seven stages is developed, and policy implications are drawn. The author presents his conclusions especially in terms of regulation of the banking and financial system.
Keywords: Charles P. Kindleberger, instability, capitalism
JEL Classification: G01, F02, H12, B31
Suggested Citation: Suggested Citation