Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Taken from Saeed, Khalid. ‘Limits to Growth Concepts in Classical Economics’. In Feedback Economics: Economic Modeling with System Dynamics, edited by Robert Y. Cavana, Brian C. Dangerfield, Oleg V. Pavlov, Michael J. Radzicki, and I. David Wheat, 217–46. Cham: Springer International Publishing, 2021. https://doi.org/10.1007/978-3-030-67190-7_9.

Summary of Ch 11 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

Goodwin business cycle model, modified from Keen and Blatt

From Bill Mitchell and Warren Mosler December2018 billy blog entry  and mosler's MMT white paper (google docs) 2019. Some highly aggregated stocks and flows and boundaries introduced.See also Feb 2026 updated insight

WIP Ideas from Science Special Issue May 2014

Summary of Ch 6 of Mitchell Wray and Watts Textbook see IM-164967 for overview

WIP Summary of MIchael Hudson's Book Killing the Host: How Financial Parasites and Debt destroy the Global Economy 

WIP summaries of bill mitchell's blog postings related to the connections between macroeconomics and wellbeing, particularly via unemployment and inflation

This is a simplification of the Austerity vs Prosperity model in the hope that it will be easier to understand.

WIP replication of Khalid Saeed's draft paper presented by the Economics chapter of the SD Society in Sept 2019 youtube video

​WIP Summary of 2020 article Monetary Sovereignty: Nature, Implementation, and Implications by Eric Tymoigne

Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Scratch build of a stock-flow consistent model of a closed economy, based on a current transactions matrix

Goodwin business cycle model, modified from Keen and Blatt

Summary of Ch5 of Mitchell Wray and Watts Textbook see IM-164967 for overview

Summary of Ch 27 of Mitchell Wray and Watts Textbook see IM-164967 for book overview See IM-169093 for added dynamic evolutionary economics history

Summary of Ch 24 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

WIP based on Bill mitchell's blogs. 

Overview of Part D Ch 17 to 19 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

Circular equations WIP for Runy.

Model-SIM from Chapter 3 of Wynn Godley and Marc Lavoie's Monetary Economics, adapted for an open economy. The model is stock-flow consistent with only government money--no bills or bonds. No central bank and interest rates do not change. Government spends buying output from the production sector. The production sector is passive turning over all revenue over to households. Households save out of income and spend partially spend out of wealth. Imports and exports pass through the production sector illustrating the idea that consumer households buy from domestic businesses that which they have imported. The model also tracks the sectoral balance flows and changes in equity. Sectoral flows and equity balances match each other dollar for dollar to satisfy the sectoral balances accounting identity (Household Saving - Consumption) + (Business Saving - Expenditure) + (Taxes - Government Spending) - (Exports - Imports) = 0. Since business investment occurs internally to the Business Sector, 

Overview of Part C Ch 11 to 16 of Mitchell Wray and Watts Textbook see IM-164967 for book overview