This paper argues that the stock-flow consistent approach to macroeconomic modelling (SFCA) is a natural outcome of the path taken by Keynesian macroeconomic thought in the 1960s and 1970s, a theoretical 'frontier' that remained largely unexplored with the end of Keynesian academic hegemony. It...

This work argues that institutionally rich stock-flow consistent models--i.e. models in which economic agents are identified with the main social categories/institutional sectors of actual capitalist economies, the short-period behaviour of these agents is thoroughly described, and the 'period...