curious cat

Introducing the Minsky Theory - Stability Is Destabilizing

a little too much mynsky in my julip, thank you. so, he recognized a system that swings to extremes. hey, i was there in the seventies. it looked pretty extreme back then, too. we managed to come out of it without anyone firing nukes.

eventually, we bankrupted russia, mostly because they forgot they could keep printing money, i guess. maybe because we had naked pictures of gorbachov with a bear, who knows? the important thing is that we can go to china for the olympics, thanks to nixon, but does anyone remember him? no, all they talk about is mynsky this and mynsky that. the man died in obscurity, let him rest.