Australian Industry Partner needed

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As some read­ers will know, I am devel­op­ing a dynamic macro­eco­nomic mod­el­ing tool–code-named “Minsky”–with the help of an INET Grant. The grant of US$128,000 has allowed me to hire Dr Rus­sell Stan­dish to develop the pro­gram. Rus­sell is a long-time research col­lab­o­ra­tor of mine who was the Direc­tor of UNSW’s High Per­for­mance Com­put­ing Cen­tre before it was dis­con­tin­ued. He is now a vis­it­ing Pro­fes­sor of Math­e­mat­ics at UNSW and a free­lance pro­gram­mer spe­cial­is­ing in high-performance numer­i­cal programming.

This grant has pur­chased roughly 1,000 hours of Russell’s time, and with about half that grant expended, we now have a func­tional if very early pro­to­type of the pro­gram which can be down­loaded from here on our Source­forge site.

I also have a sec­ond pro­vi­sional grant from INET of an equiv­a­lent sum, con­di­tional upon me achiev­ing some lever­age of this grant via another fund­ing source.

An obvi­ous such source is the Aus­tralian Research Council’s Link­age Scheme, but to qual­ify for that Scheme I need an Aus­tralian Indus­try Part­ner who must be will­ing to com­mit a min­i­mum of A$50,000 in cash fund­ing over a three year period. I had two organ­i­sa­tions who were will­ing to assist, but iron­i­cally the eco­nomic down­turn has meant that nei­ther can get the nec­es­sary funds approved by its Directors.

I am there­fore tak­ing the unusual approach of putting out a direct appeal for a collaborator.

The soft­ware being devel­oped is Open Source.

If your organ­i­sa­tion would like to assist please con­tact me via I need an answer very quickly, since first drafts of the ARC appli­ca­tion are required by early next month (Novem­ber).  I would have liked to put this request out a lot ear­lier, but as usual over­work got in the way.

I will also be start­ing a Kick­starter cam­paign soon. More on this anon.

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.
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