Minsky is sometimes described as a post-Keynesian economist because , in the Keynesian tradition , he supported some government intervention in financial markets , opposed some of the financial deregulation policies popular in the 1980s , stressed the importance of the Federal Reserve as a lender of last resort and argued against the over-accumulation of private debt in the financial markets .
Minsky is sometimes described as a post-Keynesian economist because , like Keynes , he supported some government intervention in financial markets .