Crisis Quote by Hyman Minsky
“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.”
About This Quote
Source Book: Stabilizing an Unstable Economy, Hyman Minsky, 1986
When systems stay stable for long periods, they accumulate hidden fragilities that cause sharp breakdowns during crises.
In simple terms: Stability creates hidden weakness that leads to crisis.
Recognize and mitigate hidden risks.
Themes
Mood
Type
When to use this quote
- investment banking
- housing markets
- government policy
- personal finance
Key Concepts
Questions to Reflect On
- How can we detect hidden fragilities early?
- What safeguards can prevent sudden collapse?
Stability can also enable adaptation and resilience if managed.