Extensions of the Keen-Minsky Model for Financial Fragility

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Last Fri­day 3rd August, Dr. Matheus Gras­sel­li from the Fields Insti­tute in Toron­to Cana­da presents an in depth talk on the math­e­mat­i­cal foun­da­tions of the Keen-Min­sky Mod­el on finan­cial insta­bil­i­ty. Steve spent 6 weeks with Matheus at the Fields Insti­tute over June and July, with an inten­sive research agen­da to progress the math­e­mat­i­cal log­ic behind Min­sky.  The event was held at UWS. Unfor­tu­nate­ly the audi­ence ques­tions are dif­fi­cult to hear with micro­phone set­up that was used, and there is a small break in the footage at 12 min­utes and 18 sec­onds in.

Click here to view Matheus’s research paper.

Click here to view the pre­sen­ta­tion slides.

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About Steve Keen

I am Professor of Economics and Head of Economics, History and Politics at Kingston University London, and a long time critic of conventional economic thought. As well as attacking mainstream thought in Debunking Economics, I am also developing an alternative dynamic approach to economic modelling. The key issue I am tackling here is the prospect for a debt-deflation on the back of the enormous private debts accumulated globally, and our very low rate of inflation.