Quote of the day
If a man insisted always on being serious, and never allowed himself a bit of fun and relaxation, he would go mad or become unstable without knowing it.
Hyman Minsky
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Born: September 23, 1919
Died: October 24, 1996 (aged 77)
Bio: Hyman Philip Minsky was an American economist, a professor of economics at Washington University in St. Louis, and a distinguished scholar at the Levy Economics Institute of Bard College.
Known for:
- Stabilizing an Unstable Economy (1986)
- John Maynard Keynes (1975)
- Induced Investment and Business Cycles
- Ending Poverty: Jobs, Not Welfare