The Sydney Morning Herald ran a story and video on my simulation model “Minsky” today:
It’s time to put money into the equation, says professor
This link to the video on the SMH website is below:
http://media.smh.com.au/system/ipad/new-economics-2614470.html
For the convenience of overseas readers, I’ve reproduced the story and the video below
It’s time to put money into the equation, says professor
(Story by Gareth Hutchens)
THE global financial crisis, the latest episode of which boiled over last week, did more than destroy wealth and jobs, or embarrass the rating agencies.