Quote by Hyman Minsky
"Debt matters because it determines who has claims on future output and income."
"Debt matters because it determines who has claims on future output and income."
"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."