The state is necessary to regulate financial markets; market... - Hyman Minsky

"The state is necessary to regulate financial markets; markets alone cannot regulate themselves."

Hyman Minsky Leadership

Economist Theorist American 1919–1996

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."

"A leader must be fair and just."

"Integrity is everything."

"One must take responsibility for one's environment."

"In this house, I make the decisions"