Quote by Hyman Minsky
"Understanding capitalism means accepting that it is fundamentally unstable and prone to crisis."
"Understanding capitalism means accepting that it is fundamentally unstable and prone to crisis."
"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."