Steve Keen's Debtwatch

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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