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I explain the genesis of my model of Minsky’s Financial Instability Hypothesis, and provide an extension of it which includes price dynamics. The mathematicians Matheus Grasselli and Gael Giraud follow with a variation of the model that approaches debt dynamics from the household perspective. Together they provide an analytic perspective on Piketty’s claims about the ...
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I explain the genesis of my model of Minsky’s Financial Instability Hypothesis, and provide an extension of it which includes price dynamics. The mathematicians Matheus Grasselli and Gael Giraud follow with a variation of the model that approaches debt dynamics from the household perspective. Together they provide an analytic perspective on Piketty’s claims about the ...
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Steve Keen considers the following as important:
This could be interesting, too:
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