Ten videos on using Minsky

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Ear­ly on Sat­ur­day morn­ing New York time, I’m launch­ing a Kick­starter cam­paign to raise funds to fur­ther devel­op my Min­sky mod­el­ing pro­gram. The draft pitch can be seen here (until the actu­al one goes live):

Draft Kick­starter Min­sky cam­paign

This post is to give a quick “what it is and why it’s new” overview of Min­sky via ten videos in a Youtube playlist.

The simplest example: graphing a simple function

Modeling exponential growth

Exponential growth and exponential decay

Interacting populations–the “predator-prey” model

A simple cyclical economic model (Goodwin’s 1867 Growth Cycle Model)

Using Minsky to model banking and endogenous money

Building the same model in a standard “flowchart” program Vissim

Extending the banking model in Minsky

Trying to extend the banking model in Vissim

Finding mistakes in a financial model: Minksy vs standard flowcharting software

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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.