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The author Steve Keen
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.

Steve Keen’s Debt Watch

Talk on Monetary Macroeconomics to Australian Treasury staff seminar

I was invited to talk about my approach to macroeconomics to the regular staff seminar at the Australian Treasury. I gave a pretty comprehensive overview of my approach, and as part of my presentation, demonstrated the first strictly monetary, double-entry consistent model of production that I've developed in my simulation program Minsky--and therefore the first such model, period.

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Combined Monetary Physical model in Minsky

A quick demo of building a combined monetary-physical model in Minsky. I want to extend this capability dramatically through my Kickstarter campaign. If you'd like to help, you have just one week left to do so. Go to http://www.kickstarter.com/projects/2123355930/minsky-reforming-economics-with-visual-monetary-mo/ and pledge for Minsky today

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Keen at NICTA on Minsky

NICTA (http://www.nicta.com.au/) is Australia's major research initiative in information & computer technology. Today I gave a talk to about 60 NICTA researchers about the Minsky project, from its genesis in my modeling of Minsky's Financial Instability Hypothesis to my Kickstarter campaign (http://t.co/rzFwjEnJ) to raise development funds.

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Modeling Minsky in MInsky

The objective of Minsky is to make it easy to build strictly monetary dynamic macroeconomic models. However it also has to be able to do what other system dynamics models can do--model a dynamic system as a flowchart. One of my crucibles here was that I should be able to build my own 1995 model of Hyman Minsky's "Financial Instability Hypothesis" in Minsky. Last night I finally did that, and I thought I'd share the results with a little movie of the program running. It also generates a...

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Minsky: the Kickstarter Pitch

If you've ever learnt something from one of my Youtube lectures, now's the time to say "thanks" in a very practical way. Make a pledge at Kickstarter to help develop my "Minsky" monetary modeling program: http://t.co/rzFwjEnJ It will take $1 million to develop the best economic modeling software ever, and we can only do it if you get behind us and pledge. Any amount from $1 to $10,000 will help. Your primary benefit will be a piece of software that may well revolutionize economics by...

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Minsky 02 Exponential Growth

2nd video in a series showing how to use Minsky to build dynamic models. This one shows how to build the simplest dynamic model of all in Minsky--that of exponential growth. I have launched a campaign on Kickstarter to further develop Minsky: http://www.kickstarter.com/projects/2123355930/minsky-reforming-economics-with-visual-monetary-mo Please help Kickstart Minsky!

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Minsky 01 Graphing a simple function in MInsky

1st video in a series showing how to use Minsky to build dynamic models. This one shows how to build a very simple model that graphs a well-known function dynamically. I have launched a campaign on Kickstarter to further develop Minsky: http://www.kickstarter.com/projects/2123355930/minsky-reforming-economics-with-visual-monetary-mo Please help Kickstart Minsky!

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Kickstarter campaign for Minsky: For the public

I have launched a campaign on Kickstarter to further develop my "Minsky" modeling software: http://www.kickstarter.com/projects/2123355930/minsky-reforming-economics-with-visual-monetary-mo This introduction explains why Minsky has been developed to people who suffered in the economic crisis, and can't understand why economists didn't see it coming. This video explains why they failed, and shows how Minsky could lead to a new approach to economics.

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Kickstarter campaign for Minsky: For Entrepreneurs & Geeks

I have launched a campaign on Kickstarter to further develop my "Minsky" modeling software: http://www.kickstarter.com/projects/2123355930/minsky-reforming-economics-with-visual-monetary-mo This introduction explains why Minsky has been developed to people who have some knowledge of the software industry and know that there are already plenty of system dynamics programs out there: why add another one?

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Minsky 09 Bank Compare Vissim

9th video in a series showing how to use Minsky to build dynamic models. This one shows my attempt to replicate the extensions to the banking model in the 8th video in Vissim--and I make a mistake. I have launched a campaign on Kickstarter to further develop Minsky: http://www.kickstarter.com/projects/2123355930/minsky-reforming-economics-with-visual-monetary-mo Please help Kickstart Minsky!

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