Quote by Hyman Minsky
"History matters in economics, not as anecdote but as the unfolding of structural transformations."
"History matters in economics, not as anecdote but as the unfolding of structural transformations."
"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."