The foundations of monetary macroeconomics - Steve Keen | Exploring Economics Global Lecture
Exploring Economics, 2020
In this Lecture, Keen summarizes his critique of monetary macroeconomics. He elaborates on his approach of modelling monetary macroeconomic models using his software 'Minsky'. Furthermore, in the Q&A part, he also covers an outlook on the current state of debt levels, crisis vulnerability, his critique of the current Climate Economics (represented by W. Nordhaus' DICE model) and the modelling of shadow banks within the Minsky software.
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