Summary:
I explain Minsky’s Financial Instability Hypothesis–why he developed it, what were his inspirations, how well it fits the empirical record, and how it can be modeled easily using system dynamics methods. For some reason my webcam froze for the 1st half of the lecture; I start moving in the second half…
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
I explain Minsky’s Financial Instability Hypothesis–why he developed it, what were his inspirations, how well it fits the empirical record, and how it can be modeled easily using system dynamics methods. For some reason my webcam froze for the 1st half of the lecture; I start moving in the second half…
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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