Quote by Hyman Minsky
"The beauty of modern capitalist finance is that it allows people to be optimistic about tomorrow while being pessimistic about today."
"The beauty of modern capitalist finance is that it allows people to be optimistic about tomorrow while being pessimistic about today."
"Stability is destabilizing."
"The economy is not a machine, it is an evolving complex system."
"In a world of uncertainty and changing institutions, the forward-looking behavior of economic units depends on the state of long-term expectations."
"Capitalism is a flawed system, but it is the system we have."