Minsky 1.0 Demo 16 Why Godley Tables matter

1,580 views · Published 30 August 2013 · 4:11 · Indexed 25 September 2026

Channel: ProfSteveKeen · 2013 · Education

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This is a quick demo of using the Godley Table feature of Minsky to add a necessary level of complexity to my monetary model of financial instability. It is very easy to add details like this--adding shareholders who receive dividends, and dividing the firm sector's accounts into a capital and a current account. It would be a nightmare to add the same levels of complexity using a standard system dynamics program like Vissim or Vensim.

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