I want to know the answer to the following question:
Who is the economist who described a "paradox of deleveraging"?
All the background I'm provided with is that "Economist Hyman Minsky also described a "paradox of deleveraging" as financial institutions that have too much leverage (debt relative to equity) cannot all de-leverage simultaneously without significant declines in the value of their assets.". Is that enough to answer the question?
Answer: yes