WIP Based on Steve Keen's Inaugural Kingston Lecture Youtube video slides models and data all at his blog

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

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

Partial exposition of Samuelson's Accelerator Model to conform with the Simple Model 7.3 in the Macroeconomics Book, based on MIT D memo D-1761 by Low and Mass 1973  See also more complete version IM-177550

WIP Ideas from Science Special Issue May 2014

Summary of Pavlina Tcherneva's 2019 Challenge article (paywalled)  added to IM-173064 Ch 19 Full employment policy of Macroeconomics textbook

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

Circular equations WIP for Runy.

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 19 of Mitchell Wray and Watts Textbook see IM-164967 for book overview

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)

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

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

Goodwin business cycle model, modified from Keen and Blatt

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

WIP  based on Where profits come from paper , Nathan Tankus blog and other historical sources

IM-168155 Summary of Ch 27 of Mitchell Wray and Watts Textbook see IM-164967 for book overview with simplified Mike Radzicki's 2003 Evolutionary Economics history article added

Goodwin business cycle model, modified from Keen and Blatt

Goodwin business cycle model, modified from Keen and Blatt

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

Goodwin business cycle model, modified from Keen and Blatt

Based on Ch 7.3 of Mitchell Wray and Watts Textbook see IM-164967 for overview. See IM-165546 for a conversion to a continuous time stock flow version of this simple example