by Summary:
Minsky is excellent for demonstrating the behaviour of complex system models like Lorenz’s model of fluid turbulence. It’s also perfect for showing how little most economists know about dynamics. I have a go at Professor Reis from the LSE for trying to rescue economic modelling by claiming that weather forecasting 3 to 5 years in ...
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Minsky is excellent for demonstrating the behaviour of complex system models like Lorenz’s model of fluid turbulence. It’s also perfect for showing how little most economists know about dynamics. I have a go at Professor Reis from the LSE for trying to rescue economic modelling by claiming that weather forecasting 3 to 5 years in ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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