Quote by Hyman Minsky
"A true understanding of capitalism requires grappling with its instabilities and contradictions."
"A true understanding of capitalism requires grappling with its instabilities and contradictions."
"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."