关键词: 明斯基 , 明斯基时刻 , 明斯基动态 , 考辨

Abstract: “Minsky moment”has been widely used as a catchphrase among financial media, current affairs and academic publications since the outburst of the recent global financial crisis This textual research finds that though this term, invented by the descendants, has two different implications They both belittle and even distort the original idea of Minsky The label reduces and misinterprets Minskys “financial instability hypothesis” into mere “moment”, “time”, “financing taxonomy” or “irrational madness” As a result, each period of financial crisis can be dubbed the “Minsky moment” regardless of its specific features, while the dynamic mechanism described by the hypothesis is ignored The most important and inspiring contribution made by Minsky is the “Minsky dynamics”, which has still been neglected and even suppressed up to now

Key words: Minsky , Minsky moment , Minsky dynamics , textual research