by Summary:
Though the basic ideas of the Monetary Circuit are brilliant, when it came to turning these into a model of the monetary circuit, the Circuitists made numerous errors that were the result of them not knowing how to model a dynamic process. I outline these errors and then introduce the basic tool of dynamic modelling, ...
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Steve Keen considers the following as important:
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Though the basic ideas of the Monetary Circuit are brilliant, when it came to turning these into a model of the monetary circuit, the Circuitists made numerous errors that were the result of them not knowing how to model a dynamic process. I outline these errors and then introduce the basic tool of dynamic modelling, ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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