See extension Goodwin02 at IM-172145
Clone of Goodwin Minsky Simulation Keen Economic Dynamics Aug2019
WIP based on Bill mitchell's blogs
Sectoral balances are relationships among money flows during an accounting period. Where we perceive accumulations of past imbalances to be accrued is another matter....
Clone of MMT Fiscal position
Goodwin business cycle model, modified from Keen and Blatt
Clone of Goodwin Business Cycle
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.
Clone of Minsky Financial Instability Model
Goodwin business cycle model, modified from Keen and Blatt
Clone of Goodwin Business Cycle
Goodwin Model:
This is a basic version of the Goodwin Model based on Kaoru Yamagushi (2013), Money and Macroeconomic Dynamics, Chapter 4.5 (link)
Equilibrium conditions:
Devation from the equilibrium conditions generates growth cycles.
Goodwin Model
WIP Summary of 2020 article Monetary Sovereignty: Nature, Implementation, and Implications by Eric Tymoigne
Eric Tymoigne Monetary Sovereignty
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
The essence of MMT
WIP Summary of MIchael Hudson's Book Killing the Host: How Financial Parasites and Debt destroy the Global Economy
Killing the Host
WIP replication of Khalid Saeed's draft paper presented by the Economics chapter of the SD Society in Sept 2019 youtube video
Unlinking public finance and taxation in fiat currency
WIP Ideas from Science Special Issue May 2014
Clone of The Science of Inequality
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.
Clone of Clone of Minsky Financial Instability Model
This is a simplification of the Austerity vs Prosperity model in the hope that it will be easier to understand.
@LinkedIn, Twitter, YouTube
Austerity vs Prosperity v0
Summary of Ch 24 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Policy in an open economy
WIP based on Bill mitchell's blogs
Sectoral balances are relationships among money flows during an accounting period. Where we perceive accumulations of past imbalances to be accrued is another matter....
Clone of Clone of MMT Fiscal position
Goodwin business cycle model, modified from Keen and Blatt
Clone of Goodwin Business Cycle
Summary of Ch5 of Mitchell Wray and Watts Textbook see IM-164967 for overview
Labour Force States and Transitions
Scratch build of a stock-flow consistent model of a closed economy, based on a current transactions matrix
Closed Economy
Circular equations WIP for Runy.
Added several versions of the model. Added a flow to make C increase. Added a factor to be able to change the value 0.5. Older version cloned at IM-46280
Clone of Circularity in Economic models
WIP based on Bill mitchell's blogs.
Sectoral balances are relationships among money flows during an accounting period. Where we perceive accumulations of past imbalances to be accrued is another matter....
Clone of MMT Fiscal position
Overview of Part D Ch 17 to 19 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Unemployment and Inflation Theory and Policy
Summary of Ch 18 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
The Phillips Curve and Beyond
Summary of Ch1 of Mitchell Wray and Watts Textbook see IM-164967 for overview
Clone of Macroeconomics Introduction
Summary of Ch 20 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Clone of Introduction to Monetary and Fiscal Policy Operations