Modelling MMT in Minsky at the 2nd Poznan MMT Summer School 2022

It's just accounting

This is a live demonstration of using the free, Open Source system dynamics program Minsky to illustrate the fundamental points of "Modern Monetary Theory". As I say at the end, Minsky is my gift to the #MMT community, and I would be delighted if MMT advocates adopt it to establish the fundamental insights of MMT that flow from the strictly correct accounting of financial stocks and flows that Minsky enables. I use the latest beta version of Minsky, which you can download from https://sourceforge.net/projects/minsky/files/beta%20builds/.

This version implements Minsky's front end in the Javascript programming language, replacing the Linux-based Tcl/Tk front end the program has had since its inception in 2012. We will very soon release version 3.0 of Minsky, so before you download, please check to see whether the Download button at https://sourceforge.net/projects/minsky links to Minsky 3.0 , or whether it points to the final Tcl/Tk version (2.3.51). If the latter, download the latest beta; if the former, just use the download button. Though Minsky is free software, developing Minsky is not free.

We would appreciate financial support to either or both of myself (via https://www.patreon.com/ProfSteveKeen or https://profstevekeen.substack.com/) and Minsky itself (via https://www.patreon.com/hpcoder) to keep its development going.

My apologies: video not uploaded. Here is the YouTube link: