3 ms·
Something I found recently is Steve Keen's Minsky, and his book The New Economics, which uses Minsky to go through a series of simple models of the modern fiat
by DennisP 4y ago
Something I found recently is Steve Keen's Minsky, and his book The New Economics, which uses Minsky to go through a series of simple models of the modern fiat money system.
http://www.profstevekeen.com/minsky/ http://www.profstevekeen.com/minsky/
- theptip 4y agoI was going to suggest this tool too as I’m not aware of others like it. Worth the caveat that Keen is a heterodox economist. So if you pull his off-the-shelf models you are not getting the current accepted “mainstream” theory. I don’t think Economics is a field as mature as Physics where you should have extremely strong deference to the orthodoxy based on an incredibly strong prediction record, but it’s worth keeping in mind.