This is the con­clud­ing arti­cle in a four-part series. View part one here, part two here, and part three here.

But first, a word about my Kick­starter cam­paign to raise funds to devel­op Min­sky, a tool for design­ing strict­ly mon­e­tary macro­eco­nom­ic mod­els:

There are only 58 hours left to help Kick­start Min­sky! We’ve raised $65,000 now, which puts us with­in strik­ing dis­tance of our first stretch goals:

$100,000

About 1400 hours of total pro­gram­ming time will enable Rus­sell to com­plete the “Mun” release, which will focus on improv­ing the graph­ics and pre­sen­ta­tion aspects of the pro­gram.

I was a speak­er at The Atlantic Month­ly’s excel­lent The Econ­o­my 2013 sum­mit in Wash­ing­ton this week, and I took the oppor­tu­ni­ty to drop into New York and meet up with two good friends, Lau­ren Lyster (Yahoo Finance Dai­ly Tick­er) and Max Keis­er (The Keis­er Report).

Max in par­tic­u­lar gave me a plat­form for pro­mot­ing this cam­paign:

I mean “plat­form” almost lit­er­al­ly: Max’s stu­dio on his vis­it to NYC is out­doors, 14 floors above a rail­way junc­tion in Man­hat­tan! That–and con­struc­tion on the rail­way line–is the expla­na­tion for the noise you can hear in the back­ground.

This arti­cle is the third piece in a four-part series. Read part one here and part two here.

But first, a word about my Kick­starter cam­paign to raise funds to devel­op Min­sky, a tool for design­ing strict­ly mon­e­tary macro­eco­nom­ic mod­els:

There are only 3 days left to help Kick­start Min­sky! We’ve raised $63,200 now, which puts us with­in strik­ing dis­tance of our first stretch goals:

$100,000

About 1400 hours of total pro­gram­ming time will enable Rus­sell to com­plete the “Mun” release, which will focus on improv­ing the graph­ics and pre­sen­ta­tion aspects of the pro­gram.

This is the sec­ond install­ment in a 4 part post; click this link for the first part. But first, a word about my Kick­starter cam­paign to raise funds to devel­op Min­sky, a tool for design­ing strict­ly mon­e­tary macro­eco­nom­ic mod­els:

There are only 5 days left to help Kick­start Min­sky! We’ve raised $61,500 now, which puts us with­in strik­ing dis­tance of our first stretch goals:

$100,000

About 1400 hours of total pro­gram­ming time will enable Rus­sell to com­plete the “Mun” release, which will focus on improv­ing the graph­ics and pre­sen­ta­tion aspects of the pro­gram.

This is a post in at least 4 parts; for part 1, click this link to the Busi­ness Spec­ta­tor arti­cle.

There are only 10 days left to help Kick­start Min­sky! Help us reach our stretch goals:

$100,000

About 1400 hours of total pro­gram­ming time will enable Rus­sell to com­plete the “Mun” release, which will focus on improv­ing the graph­ics and pre­sen­ta­tion aspects of the pro­gram.

Nathan will also be able to devel­op a ver­sion of Min­sky for iPad and Android Tablets.

I was invit­ed to give a talk at NICTA, Aus­trali­a’s main cen­tre for fos­ter­ing research and devel­op­ment in the infor­ma­tion, com­put­er and telecom­mu­ni­ca­tions indus­tries, on Min­sky. I am hop­ing that they will adopt Min­sky as a research project–both in terms of fund­ing and assist­ing its devel­op­ment. Click here for the Pow­er­point slides.

My talk to about 60 NICTA researchers con­cerns the Min­sky project, from its gen­e­sis in my mod­el­ing of Min­sky’s Finan­cial Insta­bil­i­ty Hypoth­e­sis to my Kick­starter cam­paign to raise devel­op­ment funds.

A group of Swiss aca­d­e­mics have recent­ly launched a peti­tion to call for the pro­tec­tion of aca­d­e­m­ic inde­pen­dence. Per­son­al­ly I think it’s gone well past the point where pro­tec­tion is the appo­site term, giv­en the extent to which the func­tion of Uni­ver­si­ties has been erod­ed over the last 4 decades. But we have to start some­where. Please read their peti­tion below and sign at the rel­e­vant web page for your­self:

(Eng­lish) http://zuercher-appell.ch/index_en.php

(Deutsch) http://zuercher-appell.ch/index.php

(Français) http://zuercher-appell.ch/index_fr.php

(Ital­iano) http://zuercher-appell.ch/index_it.php

Inter­na­tion­al Appeal for the pro­tec­tion of aca­d­e­m­ic inde­pen­dence

The Kick­starter cam­paign to fund fur­ther devel­op­ment of Min­sky has hit its min­i­mum tar­get of $50,000, which is great.

Kick­starter Fund­ing Pro­file as at March 1st

Vis­i­tors from Debt­watch have been the most pro­lif­ic pledgers as well–though direct donors and “Twit­ter­ers” have been the most gen­er­ous in the aggre­gate, and Open Source fans from with­in the Kick­starter com­mu­ni­ty have been the most gen­er­ous on a per capi­ta basis:

Kick­starter Pledgers Pro­file March 1st–the top 5

There’s an excel­lent post by John Car­ney, CNBC’s Senior Edi­tor, on the mechan­ics of lend­ing, deposit cre­ation, and how these inter­act with reg­u­la­to­ry and cap­i­tal require­ments. High­ly rec­om­mend­ed:

http://www.cnbc.com/id/100497710

I’ll have a crack at mod­el­ing this in Min­sky short­ly; I have already done a sim­i­lar mod­el to illus­trate why reserves lag deposits in almost all coun­tries, so it should­n’t be too dif­fi­cult to knock this illus­tra­tion up in it.

I was going to write a piece about how Paul Krug­man doesn’t under­stand IS-LM today, but as often hap­pens when I read Krug­man, I find myself agree­ing with him – even if our approach­es to eco­nom­ic analy­sis are very dif­fer­ent.