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Top 4 Hyman Minsky Quotes (2024 Update)

Hyman Minsky Quote: “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 Quote: “Success breeds a disregard of the possibility of failure.”
Hyman Minsky Quote: “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 Quote: “If the authorities constrain banks and are aware of the activities of fringe banks and other financial institutions, they are in a better position to attenuate the disruptive expansionary tendencies of our economy.”
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