EC7002 Lecture 08 Alternative foundation for macroeconomics
This lecture starts with Yaroufakis's critique of Neoclassical methodology and then proposes an alternative based on macroeconomic definitions and complexity theory. I build a couple of dynamics models in Minsky from scratch, and I make a few mistakes too on the way too (which I corrected once back at home, and inserted into this video).
One additional mistake was that I stuffed up the sliding window graph feature of Minsky by having the boundaries the wrong way around. That's fixed in the sample files I will put up on my Patreon page / profstevekeen once this video is available.