The following six chapters will provide you with helpful information. Precise and accurate presentation of David España's fundamental concepts on Minsky's claim of economic instability is an endogenous phenomenon based on the liability arrangements of banks and organizations' balance sheets, all of which hold a historical account in his view are provided in Chapter 1, "Bankers' Role In Society." He argues that a long period of economic stability leads to economic instability in the long run. A stable macroeconomic environment helped with government policy actions throughout solid growth he contends. In Minsky's view, a euphoric economy results from strong economic growth, and the central bank has a lot of leeway in such an environment. As shown by España, in an attempt to understand and anticipate the behavior of economic variables and the economy as a whole, each school of economics produces its own set of paradigms, premises, and models.