Educational: The Minsky Moment and Theory of Reflexivity: What Minsky and Soros Taught Us About Instability —...

I've long believed that markets and economies trend towards disequilibrium (aka a loss of stability). And this is contrary to what we learned in economics – that a system tends towards equilibrium. And while equilibrium may sound good in theory; it doesn't hold up in reality. Why? Because markets and the economy are complex and dynamic social systems. ...     Alert Mar 26, 2023, 4:26am Educational: The Minsky Moment and Theory of Reflexivity: What Minsky and Soros Taught Us About Instability —... I've long believed that markets and economies trend towards disequilibrium (aka a loss of stability). And this is contrary to what we learned in economics – that a system tends towards equilibrium. And while equilibrium may sound good in theory; it doesn't hold up in reality. Why? Because markets and the economy are complex and dynamic social systems. ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support