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Ethnicity:
Minsky was born into a family of Menshevik emigrants from Belarus.
Hyman Philip Minsky was born on September 23, 1919 in Chicago, Illinois, United States. Son of Sam and Dora (Zakon) Minsky. Minsky was born into a family of Menshevik emigrants from Belarus. His mother, Dora Zakon, was active in the nascent trade union movement. His father, Sam Minsky, was active in the Jewish section of the Socialist party of Chicago.
Minsky graduated from George Washington High School in New York City. In 1941. He received his Bachelor of Science from the University of Chicago in 1941. Then he obtained a Master of Public Administration from Harvard University in 1947. Besides, he got a Doctor of Philosophy from Harvard University in 1954.
Minsky began his academic career in 1949 as an assistant professor at Brown University in Rhode Island. In 1957, he accepted a post at the University of California in Berkeley, where he remained until 1965, when he left to fill the post of professor of economics at Washington University in St. Louis. He was a visiting lecturer at Carnegie Institute of Technology and Harvard, among others. Minsky also served on the board of governors for the Federal Reserve System and as director of Mark Twain Bankshares. He contributed articles to several anthologies and was the editor of "California Banking in a Growing Economy". In 1975, Minsky’s "John Maynard Keynes" was published, detailing the theories of the British economist. His other works include "Can It Happen Again?" and "Stabilizing an Unstable Economy."
Minsky's economic theories were largely ignored for decades, until the subprime mortgage crisis of 2008 caused a renewed interest in them.
He died of pancreatic cancer on October 24, 1996, in Rhinebeck, New York, United States.
He was a member of Corporal Army of the United States (1943-1946) and a member of European Theatre of Operations.
He married Esther DePardo. They had 2 children: Diana, Alan.
