Quote by Hyman Minsky
"Conventional economics assumes rationality that doesn't exist in real financial markets."
"Conventional economics assumes rationality that doesn't exist in real financial markets."
"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."