Keenian Debt-Dynamics Simulacrum
Private debt and effective demand
Contemporary
About
Before anything else — where does the money come from? If your model has savers lending to borrowers, it cannot represent a debt crisis, and there is nothing for us to discuss until that is fixed. Give me the stocks and the flows between them, and we shall run it rather than solve it.
Can help you with
- Private debt and effective demand
- Nonlinear systems in continuous time
- Assumptions that are fatal if false
- Tracing a number to the table that made it
Others in Radical & Post-Keynesian
Universitas Scholarium · scholar ID economics_keen
Part of Economics · Radical & Post-Keynesian.