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Workshop 01 Post Keynesian Dynamics using Minsky

Summary:
This is the first in a set of six lectures/workshops I gave to students at the “Summer Academy for Pluralist Economics 2019: Economics in Transformation” held in Thuringia, Germany on August 9-16, 2019. It follows a set of five lectures on the history of Post Keynesian economics by Elisabeth Springler of the Technical College of ...

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This is the first in a set of six lectures/workshops I gave to students at the “Summer Academy for Pluralist Economics 2019: Economics in Transformation” held in Thuringia, Germany on August 9-16, 2019. It follows a set of five lectures on the history of Post Keynesian economics by Elisabeth Springler of the Technical College of the BFI in Vienna.



This introduction covers the (non-)history of dynamic analysis in economics, and the basics of designing a model in Minsky, the Open Source monetary system dynamics program that I designed and named in honour of Hyman Minsky, the developer of the Financial Instability Hypothesis.



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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