Causal loop representation of Keynesian macroeconomics taken from the System Dynamics literature, specifically Henize 1972 MIT D-memo D-1717. See also Nathan Forrester's SF CLD Diagram from his PhD IM-165714

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 Economics IM-183285

CLD exposition of Goodwin01 from Steve Keen's August 2019 course on Introduction to Economic Dynamics and Minsky software See video and powerpoint slides. Based on IM-2011 Minsky FIH and IM-168865 MacroEconomics CLDs. SeeIM-172005 for Simulation

WIP Summary of Mariana Mazzucato's 2018 book See also IM-901 MacroEc

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

Summary of Ch1 of Mitchell Wray and Watts Textbook see IM-164967 for overview

Circular equations WIP for Runy.

Simulation of Goodwin01 Minsky Model CLD in IM-172002 Compare with Part3 slide 3 of presentation in patreon. See extension Goodwin02 at IM-172145

From a March 2016 blog entry by Ari Andricopoulos

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

Summary of Ch 12 of Mitchell Wray and Watts Textbook see IM-164967 for book overview. Compare with SD CLD IM-169071

Map of SD work on Samuelson's 1939 model of the business cycle. See also D-memo D-2311-2 Gilbert Low 1976 and IM-165713. An alernative to the Ch 26 Macroeconomics textbook exposition.  From Gil Low's Multiplier Accelerator Model of Business Cycles, Ch 4 of Elements of the System Dynamics Method Book edited by Jorgen Randers 1976 (MIT Press) and 1980 (Productivity Press)

WIP Ideas from Science Special Issue May 2014

Circular equations WIP for Runy.

Launch page for Macroeconomics Textbook 2019 by Mitchell, Wray and Watts. There is also a book companion site

WIP Section 17.4 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

Summary of Ch 13 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

From  billy blog Japan entries and Ch2 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

Overview of Ch 25 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

WIP SD REpresentation of Steve Keen's BOMD Minsky model (described in Fig.5 of his patreon Jan2021 Draft New Economics Manifesto) to hope to make the causal structure clearer

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.

Unfortunately, this model only produces the illusion of functioning, but I did manage to get it to give me the graph. However, because of the use of flows, if you change the time step to and the simulation length to anything other than the same numbers, you'll find the graph showing something that looks more exponential. This is due to the function referencing itself in regards to time, so inevitably each time consumption grows it changes the outcome on the other side of the equation. Still, this is a convincing mock up. I added a "45 degree" line so that one could conceivably see (and also change) the difference made by altering the level of autonomous consumption.

Summary of Ch 14 of Mitchell Wray and Watts Textbook see IM-164967 for book overview