Quote by Hyman Minsky
"The fundamental instability of capitalism arises from the financial system's procyclical nature."
"The fundamental instability of capitalism arises from the financial system's procyclical nature."
"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."