Keen, Steve - In: Feedback economics : economic modeling with system dynamics, (pp. 495-519). 2021
macroeconomic definitions. When the private debt ratio is added to those definitions, Minsky's "Financial Instability Hypothesis …" results. I illustrate modelling of this hypothesis in the open-source system dynamics program named after Minsky, which has … been designed predominantly to enable monetary dynamics to be modelled. I use Minsky's unique feature of Godley Tables to …