Quote by Hyman Minsky
"The fragility of the financial system increases as it becomes more complex and interconnected."
"The fragility of the financial system increases as it becomes more complex and interconnected."
"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."