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.
Monday, October 1, 2012
Roundtable Discussion on Post Keynesianism
An interesting discussion here by William Black, Randall Wray and Michael Hudson of Post Keynesianism while on KCUR.org’s Central Standard (September 29, 2012):
http://cpa.ds.npr.org/kcur/audio/2012/09/Central_9-27-2012.mp3
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