Quote by Hyman Minsky
"The complexity of modern finance makes it harder, not easier, for regulators to maintain stability."
"The complexity of modern finance makes it harder, not easier, for regulators to maintain stability."
"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."