Quote by Hyman Minsky
"The economy that works smoothly during expansions is the most vulnerable to collapse when sentiment shifts."
More from Hyman Minsky
"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."