Quote by Hyman Minsky
"The transition from endogenous to exogenous money fundamentally altered how economies function."
"The transition from endogenous to exogenous money fundamentally altered how economies function."
"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."