Sharing this important letter from the Economic Students Union at the New School about what is currently happening here

GitHub - georgewheaton/AnimalSpiritsGoodwinABM: An animal spirits driven agent-based cyclical model, demonstrating Goodwin pattern with wage-led demand regime. See Setterfield and Wheaton (2024). An animal spirits driven agent-based cyclical model, demonstrating Goodwin pattern with wage-led demand regime. See Setterfield and Wheaton (2024). - georgewheaton/AnimalSpiritsGoodwinABM

Code available at -> github.com/georgewheato...

Animal Spirits and the Goodwin Pattern The Goodwin pattern is an established stylized fact of capitalist macrodynamics. Existing models typically assume profit-led real-sector dynamics and a ‘reserve army’ mechanism in order to reproduce ...

My paper co-authored with Prof. Mark Setterfield was just published in Metroeconomica! We use an agent-based model to demonstrate the Goodwin pattern can emerge with wage-led demand regimes in a cyclical growth model -> onlinelibrary.wiley.com/doi/full/10....

One of the benefits of being indoctrinated into the Greek alphabet through Sunday School

Thanks for the rec, been meaning to look into this a bit more

Would love to be added!

Well I feel similarly 😂

Nice, thanks!

Is there an easy way to search starter packs or do I have to just hope I see one on my feed?

Doing my part 🫡

i admit i live in an echo chamber of leftist politics, the only exception being when i hear things said by the president, the next president, the supreme court, members of congress, people on the news, my family, or people i encounter in my daily life.