Quote by Hyman Minsky
"A capitalist economy is inherently uncertain. We cannot know the future, so financial markets are always speculative."
"A capitalist economy is inherently uncertain. We cannot know the future, so financial markets are always speculative."
"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."