Top 3 Hyman Minsky Quotes
#1. Success breeds a disregard of the possibility of failure.
Hyman Minsky
#2. Unless we understand what it is that leads to economic and financial instability, we cannot prescribe
make policy
to modify or eliminate it. Identifying a phenomenon is not enough; we need a theory that makes instability a normal result in our economy and gives us handles to control it.
Hyman Minsky
#3. Stability leads to instability. The more stable things become and the longer things are stable, the more unstable they will be when the crisis hits.
Hyman Minsky
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