Quote by Hyman Minsky
"Investment decisions made in tranquility often prove catastrophic during turbulence."
"Investment decisions made in tranquility often prove catastrophic during turbulence."
"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."