Quote by Hyman Minsky
"The financial system serves to concentrate power and wealth unless actively constrained through policy."
"The financial system serves to concentrate power and wealth unless actively constrained through policy."
"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."