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Comparing Minsky to Simulink

Summary:
Minsky is primarily designed to enable the financial sector to be easily modeled in a dynamic economic model. We have also tried to improve on the interfaces used in existing programs. This video compares Minsky to the industry leader in engineering, Matlab’s Simulink. Of course Minsky is far less powerful, since it has had far ...

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Minsky is primarily designed to enable the financial sector to be easily modeled in a dynamic economic model. We have also tried to improve on the interfaces used in existing programs. This video compares Minsky to the industry leader in engineering, Matlab’s Simulink. Of course Minsky is far less powerful, since it has had far less development time put into it; but we believe that it is much easier to use than Simulink, and far superior for modeling financial flows thanks to the innovation of the “Godley Table”


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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