by Summary:
This is the key feature of Minsky in comparison to all other System Dynamics platforms: it is the only one to use double-entry bookkeeping to build models of financial flows. This is an inherently superior paradigm to using flowcharts to model monetary dynamics. I build a basic model which nonetheless shows that models of capitalism ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
This is the key feature of Minsky in comparison to all other System Dynamics platforms: it is the only one to use double-entry bookkeeping to build models of financial flows. This is an inherently superior paradigm to using flowcharts to model monetary dynamics. I build a basic model which nonetheless shows that models of capitalism ...
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
New Economics Foundation writes Is the Labour government delivering on its promises?
John Quiggin writes Dispensing with the US-centric financial system
New Economics Foundation writes Whose growth is it anyway?
Matias Vernengo writes What is heterodox economics?
|