Understanding money and debt via Minsky, live demonstration, open to all
Why everything mainstream economists think they know about money is wrong
The Pakistan Institute of Development Economics (PIDE) is hosting a live webinar by me this coming Monday (June 27th) at 2pm London time.
You can join simply by scanning the QR code on the graphic above, or by accessing the Zoom link below:
https://zoom.us/j/98630231695?pwd=NSthYkxUUUdKUW5qOWF3TnFnVmtlUT09
Meeting ID: 986 3023 1695
Passcode: 381153
I'll start by showing, contra the beliefs of mainstream economists, that credit matters in macroeconomics. Then I'll illustrate how Minsky's "Godley Tables" can clear up all the confusion about how money is created, whether the government needs to borrow in order to spend, etc., by building a Minsky model live.
If you'd like to follow along, download Minsky from here:
https://sourceforge.net/projects/minsky/files/beta%20builds/
I'm recommending the beta builds because we have made quite a few advances since the last full release.