Quote by Hyman Minsky
"Central banks must act as lenders of last resort to prevent systemic collapse."
"Central banks must act as lenders of last resort to prevent systemic collapse."
"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."