December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031  

Recent Posts

The Debtwatch Manifesto | Steve Keen's Debtwatch

The seeds of an alternative, realistic theory were developed by Hyman Minsky in the Financial Instability Hypothesis (FIH), which itself reflected the wisdom of the great non-neoclassical economists Marx, Veblen, Schumpeter, … Using insights from complexity theory, I developed models on the FIH that capture its fundamental proposition, that a market economy can experience a debt- deflation (Fisher 1933) after a series of debt-financed cycles (Keen 1995; Keen 1996; … [...]

Movement at the Station”: Canadian Central Bank Governor Carney on …

I modelled this aspect of his hypothesis in my first papers on Minsky (Keen 1995; Keen 1996; Keen 2000), and got the outcome that Minsky predicted: a private system that was prone to a debt- deflation could be stabilized … [...]

INET and my Minsky model | Steve Keen's Debtwatch

The Sydney Morning Herald ran a story and video on my simulation model Minsky today: It's time to put money into the equation, says professor This [...]