Hyman Minsky: “Today’s narrowly focused financiers do not conform to Schumpeter’s vision of bankers as the ephors of capitalism who assure that finance serves progress.
Today’s financial structure is more akin to Keynes’ characterisation of the financial arrangements of advanced capitalism as a casino.”
Minsky, Hyman P. 1992. “Schumpeter and Finance.” Hyman P. Minsky Archive, Paper 280
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