Quotes
Authors
Hyman Minsky

"In a world of businessmen and financial intermediaries who aggressively seek profit, innovators will always outpace regulators; the authorities cannot prevent changes in the structure of portfolios from occurring. What they can do is keep the asset-equity ratio of banks within bounds by setting equity-absorption ratios for various types of assets. 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."

-- Hyman Minsky

#World Quotes #Ratios Quotes #Portfolios Quotes

“The best design is the simplest one that works.”
“The Darkness at Irving. Hope to have as much fun doing anything ever as these guys have on stage.”
“What modern technology has done has afforded us the luxury of abbreviation and being concise with time, I think. Things that it would take you a week to do can now be done in a day, which is absolutely awesome because you can concentrate on the bigger picture.”

Source : Source: pitchfork.com
“I do not see that the sex of the candidate is an argument against her admission as a Privatdozent. After all, the Senate is not a bathhouse. Objecting to sex discrimination being the reason for rejection of Emmy Noether's application to join the faculty at the University of Gottingen.”
“A constitutional democracy is in serious trouble if its citizenry does not have a certain degree of education and civic virtue.”
“I want to be a homer. I'm getting paid for something that I love to do. I would do it for nothing.”

Source : Source: bleacherreport.com
“I see the world as a temporary site-specific installation, structures, infrastructures, the foundation of our sense of belonging and our identity, seen from afar, as a great scale model: the city as an avatar of itself.”
“We come here because we too feel a responsibility for the human community. To preserve and develop a human quality of life is the common responsibility of us all. It is not fitting that those concerned with the various aspects of the human be alienated from each other. Both you and ourselves represent forces too profound and aim at objectives too significant for either of us to succeed completely without the assistance of the other. The urgency of our work impels us to get on with our common task lest a new period of disaster erupt over the Earth.”

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