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Computer program for building & visually simulating dynamic, monetary economic models. A vital tool for a new approach to economics
Computer program for building & visually simulating dynamic, monetary economic models. A vital tool for a new approach to economics
620 backers pledged $78,025 to help bring this project to life.

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I originally began this Kickstarter campaign for Minsky because a change to government education policy in Australia undermined my Economics Department at the University of Western Sydney (UWS). The government de-regulated first year intakes, letting Universities decide how many places to offer rather than setting ceilings.

The argument was that this would make the "market" more "competitive", but all it really did was allow higher ranked universities (Sydney, UNSW) to offer more positions in humanities (which are cheap to teach and therefore volume is profitable) at the expense of lower ranked universities like UWS.

Not only did that lead to my academic career in Australia ending, it also meant that I couldn't apply for funding from the Australian Research Council--so a proposal I had for a government research grant to develop Minsky further became one for Kickstarter.

Well Neoliberal lightning has struck twice: the same stupid policy has been adopted by the UK as well, and the viability of lower ranked Universities in the UK has been similarly undermined. My new University (Kingston) has asked me to either quadruple my teaching load in response--and thus abandon my role as a public intellectual campaigning to change economics--or to go 1/4 time.

I've chosen the latter option, but for that to be sustainable I have to raise at least 3/4rs of my salary. And once again, I've turned to crowd funding to do it--though this time on Patreon rather than Kickstarter, because what I need is not a large one off-sum, but a continuous stream of payment. Initially this will provide me with a crowd-funded salary. Ultimately, it will fund continuous development of Minsky, research assistants, etc.

I would appreciate your support for me on Patreon. The amount given can be as low as $1 a month (and I'd prefer people to give small amounts that they don't even notice rather than large ones). Please go to https://www.patreon.com/ProfSteveKeen and sign up. And spread the word too. I have reached about 30% of my first target after 1 month, and I'd like to be able to consider going full-time crowdfunded by the end of July.

As part of this project, I've also taken over a stalled Kickstarter campaign to  produce a cartoon book on money (see https://www.kickstarter.com/projects/1554238498/crashboompop?ref=user_menu). I'll start work on the script for that in July/August, and hope to have a completed book by the end of the year.

Peter Rowan and Joseph Elkhorne like this update.

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