Quote by Hyman Minsky
"If you want to understand the economy, study how money actually flows through it, not how textbooks say it should."
"If you want to understand the economy, study how money actually flows through it, not how textbooks say it should."
"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."