Quote by Hyman Minsky
"The Great Depression was not inevitable, but the financial system's response to it was deeply flawed."
"The Great Depression was not inevitable, but the financial system's response to it was deeply flawed."
"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."