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#303 – Steve Keen: Marxism, Capitalism, and Economics
Lex Fridman Podcast
How to Model the Economy?
Stability is free open source system dynamic software invented by Steve Keene, coated by Russell Standish. So that's so AI Minsky is marin and then Harmon, it all rhymes. Stability is destabilizing. Yeah. That's sort of embracing the complex aspect of it. And you're operating there at the macroeconomics level. It's definitely macro. It's not agent based. You can do an enormous complex model looking at the economy financially from the point of view of a dozen different actors in the economy. But even though what you're building is set of differential equations, which might be 50 differential equations with 350 terms in them, if you get the godly tables
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