Quote by Hyman Minsky
"The lesson of history is that financial deregulation precedes financial catastrophe."
"The lesson of history is that financial deregulation precedes financial catastrophe."
"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."