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Chaotic Models In Minsky Part 1

Summary:
Minsky has been designed to enable the construction of system dynamics models of the financial system, but it’s equally at home building standard dynamic mathematical models. In these 2 videos I firstly demonstrate 4 famous chaotic models in Minsky–Lorenz, Double Pendulum, Duffing and Van Der Pol–and then build the Lorenz model in Minsky. We’d be ...

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Minsky has been designed to enable the construction of system dynamics models of the financial system, but it’s equally at home building standard dynamic mathematical models. In these 2 videos I firstly demonstrate 4 famous chaotic models in Minsky–Lorenz, Double Pendulum, Duffing and Van Der Pol–and then build the Lorenz model in Minsky. We’d be delighted to have mathematicians download a copy of Minsky and start using it for teaching and other purposes


Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

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