Summary of Ch 12 of Mitchell Wray and Watts Textbook see IM-164967 for book overview. Compare with SD CLD IM-169071
Keynes and the Classics
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 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
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
History of Economic Thought
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.
Clone of Clone of Goodwin Model
Causal loop representations of macroeconomics taken from the System Dynamics literature contrasted with Forrester's main analysis of social and business organization layers See also Saeed's Forrester Econoics IM-183285
Clone of Macroeconomics causal loop diagrams
Goodwin business cycle model, modified from Keen and Blatt
Clone of Goodwin Business Cycle
Launch page for Macroeconomics Textbook 2019 by Mitchell, Wray and Watts. There is also a book companion site
Macroeconomics Textbook Overview
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.
Clone of Goodwin Model
WIP Exttension of IM-172005 Simulation of Goodwin01 Minsky Model. Compare with Part3 slide 5 of presentation in patreon
Goodwin02 Minsky Simulation Keen Economic Dynamics Aug2019
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.
Clone of Goodwin Model
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.
Clone of Goodwin Model
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.
Clone of Goodwin Model
Goodwin business cycle model, modified from Keen and Blatt
Clone of Goodwin Business Cycle
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.
Clone of Goodwin Model
Overview of Ch 26 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Stabilising the Unstable Economy
WIP of Rammelt's 2019 System Dynamics Review Article which has STELLA and Minsky software versions as supplements. Compare with the older IM-2011 version
Clone of Simplified Keen Goodwin Minsky Financial Instability model
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 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
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.
Note that I haven't been able to reproduce the reported results!
Marxian economic growth
See extension Goodwin02 at IM-172145
Clone of Goodwin Minsky Simulation Keen Economic Dynamics Aug2019
WIP Summary of MIchael Hudson's Book Killing the Host: How Financial Parasites and Debt destroy the Global Economy
Clone of Killing the Host
