October  1, 2023
Sojourns in Nonlinear
Economics 2012

June 5 - July 3, 2012
Fields Institute, Stewart Library
222 College Street, Toronto (map

Matheus Grasselli


Economist and author Steve Keen is visiting the Fields Institute for five weeks this summer and collaborating with local mathematicians, statisticians, and economists. This informal weekly meetings consist of a combination of tutorial talks, presentations, and discussions of open problems and research areas to be explored in the interface of economic nonequilibrium dynamics and mathematics. Topics include, among others: endogenous money, financial instability, dynamical systems approach to macroeconomics, post Keynesian analysis, and asset price bubbles.


Lionel Cassier (Ecole Polytechnique)
Youngna Choi (Montclair State University)
Bernardo Costa Lima (McMaster University)
Raphael Douady (CNRS and Riskdata)
Scott Fullwiler (Wartburg College and Presidio Graduate School)
Matheus Grasselli (McMaster University)
Michael Hudson (Levy Institute)
Steve Keen (University of Western Sydney)
Stephanie Kelton (University of Missouri-Kansas City)
Aditya Maheshwari (IIT - Kanpur)
Louis-Philippe Rochon (Laurentian University)
Jim Stanford (Canadian Auto Workers)
Garence Staraci (Stanford University)
Xiang-Sheng Wang (York University)
Jianhong Wu (York University)

Tuesday June 5
1:30 to 3:30
Steve Keen (University of Western Sydney)
An Introduction to Endogenous Money
slides available here
Tuesday June 12
1:30 to 2:30 Matheus Grasselli and Bernardo Costa Lima
The Keen-Minsky model: basic properties and possible extensions
slides available here
2:30 to 3:30 Steve Keen A monetary Minsky mode
slides available here
YouTube video
Tuesday June 19
1:30 to 2:30
Youngna Choi
Financial Crises and Contagion: Dynamical Systems Approach
slides availble here
2:30 to 3:30
Raphael Douady
Instability and Dynamics in the Eurozone: The Sovereign Debt Crisis
slides availble here
Tuesday June 26

1:30 to 2:30


2:30 to 3:30

Jianhong Wu and Xiang-Shend Wang
Persistence theory applied to Keen's model

Steve Keen
MMT and Me

Tuesday July 3

10:00 to 10:30

10:30 to 11:30


11:30 to 12:30



1:30 to 2:30


2:30 to 3:30

Morning Coffee Break

Stephanie Kelton
(University of Missouri-Kansas City)
Money is No Object
YouTube video here

Michael Hudson (Levy Institute)
Wealth vx. Overhead: Bank credit vs. public money, and asset-price inflation vs. consumer prices
YouTube Video Here

Scott Fullwiler (Wartburg College and Presidio Graduate School)
What Should Economists Have Learned from the Crisis?
YouTube video here

Steve Keen
(University of Western Sydney)
Reconciling MMT and MCT
Youtube video here

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