Monday, October 1, 2012

Steve Keen Talks at the UMKC Post Keynesian Conference

I have posted two talks below of Steve Keen, given at the recent University of Missouri-Kansas City (UMKC) 11th International Post Keynesian conference (27-29 September, 2012).

The first is his presentation called “Reconciling MMT and MCT [monetary circuit theory],” on endogenous money and how effective demand is income plus the change in debt. Keen shows that this is compatible with sectoral balances.

The second is a demonstration of dynamic modeling in his “Minsky program” software.

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