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In 2007 in America, the biggest recession used since the 30's of the last century. Many economists saw this economic downturn will not arrive because the private debt mountain is not an important factor in their economic models are formed. In order to change the free economic modelleringsprogramma Minsky developed.

Minsky is an open source program that allows you to visually dynamic simulations of economic models can make.

The name is a derivative of the American economist Hyman Minsky who in 1996 died. This is one of the founders of the approach at the basis of this software.

The development of this open source project was initiated by Dr. Steve Keen. This is one of the economists that the financial crisis that started in 2007 in America was predicted on the basis of the monetary model.

According to him, was one of the main reasons why most of the economists the crisis was not to saw that they are convinced that banks were to have no impact on the way the economy operates, and that this is, anyway, was too complex to include in a model to grasp. Steve Keen is convinced that banks are crucial for the functioning of the economy, and therefore the Minsky software developed to prove this.

In this program are also the banks, private debt, and money as factors. The goal of the open source project is to create a better tool to develop for the creation of monetary macroeconomic models with existing programs such as Simulink, Stella, Vensim, and Vissim. Minsky is intended for educational and scientific purposes, but since the software is open source it is available free of charge for every application.

Minsky screenshots

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You can free download Minsky and safe install the latest trial or new full version for Windows 10 (x32, 64 bit) from the official site.

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