This view was famously expounded by Hyman Minsky, a 20th-century American economist.

海曼·明斯基——一位20世纪的美国经济学家——对这一观点的论述尤其著名。

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Hyman Minsky wrote a 1982 book, "Can 'it' Happen Again?," that raised the possibility of a new depression.

海曼·明斯基在1982年写了一本书《“它”还会发生吗？》，提升了发生又一场大萧条的可能性。

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Another is Hyman Minsky, whose main insight was that stability leads to too much debt, and then to collapse.

另一位是海曼·明斯基，他的主要观点是稳定导致过多债务从而引发崩溃。

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Hyman Minsky, an American economist who died in 1996, said that the financial cycle led to economic volatility.

ECONOMIST: Buttonwood

The feedback mechanism described by Hyman Minsky, an American economist, seems pretty clear.

ECONOMIST: Buttonwood

Hyman Minsky developed a theory of financial instability in the 1970s.

ECONOMIST: A must-read on the origins of the crisis