"Unless we understand what it is that leads……" — Hyman Minsky

"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 Quotes by Hyman Minsky

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