Most cited

Posts that commenters keep linking to, ranked by how many different people have cited them in Hacker News comments. 8 posts.

Startups
2022
8

Minsky Moments in Venture Capital

Markets rise, and markets fall. This much, at least, is well-known. But why do market cycles occur? What causes the pendulum to swing from euphoria to crisis and back? Hyman Minsky was a 20th-century economist whose ‘financial instability hypothesis’ is probably the best-known explanation for the boom and bust cycles…