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Minsky 2.0 Introduction (4) Finessing a Predator-Prey Model

Summary:
I tidy up the predator-prey model developed in the previous video, demonstrate some (overdue!) new features of Minsky such as search and replace, spot a couple of bugs, and make some justifiably disparaging remarks about a recent crop of Neoclassical papers that described critics of DSGE models as “dilettantes”.

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I tidy up the predator-prey model developed in the previous video, demonstrate some (overdue!) new features of Minsky such as search and replace, spot a couple of bugs, and make some justifiably disparaging remarks about a recent crop of Neoclassical papers that described critics of DSGE models as “dilettantes”.


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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