The Cost of Capitalism is a must-read and a thoroughly enjoyable one -- for those who want to understand the Crisis of 2008 and hammer out a new framework for decision making.
--Jared L. Cohon, President, Carnegie Mellon University
Readers who absorb the lessons of this book will be armed with more than mere technique; they will acquire an attitude that will make them better investors for the rest of their lives.
--Paul DeRosa, Principal, Mt. Lucas Management Corp.
The Cost of Capitalism translates the economic diagnoses and theories of my father, Hyman Minsky. It captures the vivacity of a post-dinner conversation -- not coincidentally, my father's favorite forum for elaborating, educating, and entertaining.
--Diana Minsky, Art Historian, Bard College
Lucid, intriguing, brilliant! Barbera combines the uncertainty and speculation of Keynes with Schumpeter's Creative Destruction and Hy Minsky's Deflationary Destruction into a tasty stew.
--James R. Schlesinger, former Director, Central Intelligence Agency
Long ago, Bob taught me that if you don't know Minsky, you don't know nothing. This work shows the path out of nothingness.
--Paul A. McCulley, Chief Investment Officer, Pacific Investment Management Company
Barbera's recommendations are profound in their simplicity. Let us hope Wall Street, Main Street, Washington, and academia embrace them.
--Jack Rivkin, former Chief Investment Officer, Neuberger Berman
This is truly an extraordinary book that should be of great interest to an extremely wide audience from Wall Street practitioners to economics and finance scholars.
--Louis Maccini, Professor of Economics, Johns Hopkins University
