what are common critiques of the minsky moment 
critics argue that minsky s theories are too focused on financial markets and neglect the role of real economic factors some also argue that his model is too deterministic suggesting that financial crises are inevitable which is not always the case others criticize the lack of empirical evidence supporting his hypotheses the bottom linea minsky moment is a sudden market collapse after a prolonged period of speculative investment it s named after economist hyman minksy who proposed that contemporary financial markets are inherently unstable cycling through periods of prosperity speculative excess and then crisis his theory emerged from observing that investors tend to take on more risk during boom times using borrowed money which becomes unsustainable minsky moments for many highlight the need for financial stability measures from governments and regulators reminding us that speculative bubbles can lead to devastating crashes and economic downturns without proper oversight 