Community Forum : Economics SIG
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 Subject : 2020/06/12 Meeting Notes.. 06/08/2020 05:31:11 PM 
Christine Tang
Posts: 26
Location
Topics:
  • Feedback Economics book
  • Thermodynamics 2.0 conference June 22-24th
  • NMSU Prof. Jamal Mamkhezri to present in the next SDS Econ Meeting, Friday, July 10th 2-3PM ET
  • Content for future website. Location for sharing material. This Discussion Board forum?
  • Request for presenters...or recommendations
 Subject : Re:2020/06/12 Meeting Notes.. 06/08/2020 06:13:27 PM 
Mark Sandoval
Posts: 13
Location
Great news, it will be using zoom or ...?
 Subject : Re:2020/06/12 Meeting Notes.. 06/08/2020 06:21:04 PM 
Christine Tang
Posts: 26
Location
Yes, I emailed the SDS Economics SIG list...if anyone in SDS Econ did not get the email. Please let me know. If you joined/updated your email after June 1st, 2020, then I don't have the right contact info.

Join Zoom Meeting
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Meeting ID: 958 0702 7469
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Meeting ID: 958 0702 7469
 Subject : Re:2020/06/12 Meeting Notes.. 06/12/2020 05:05:05 PM 
Christine Tang
Posts: 26
Location
Topics:
  • Feedback Economics book
  • Thermodynamics 2.0 conference June 22-24th
    • Program https://iaisae.org/index.php/agenda-schedule/
    • Registration/Zoom link TBA (Zoom information should be out by Monday, June 15th) https://iaisae.org/index.php/register-for-event/
    • Prof. Steve Keen presenting Tuesday, June 23rd 8:30AM ET (Boston time) https://iaisae.org/index.php/abstract/t20-w159/
    • If you are not able to register for the event, then we plan to live stream his Keynote presentation: https://www.facebook.com/iaisae/

      Abstract:
      Mainstream economics is still dominated by equilibrium methodology. William Nordhaus, the person most responsible for trashing the intellectual standing of system dynamics was awarded that discipline’s most prominent prize [1]. Yet economic policy today is dominated by real-world issues that defy its equilibrium, barter model of the economy. The need for system dynamics methods within economics has never been more pressing. I am working to bring this about via several interrelated research projects:

      The development of Minsky [2], an Open Source system dynamics platform with the unique capacity to generate coupled ordinary differential equations describing financial flows using a system of interlocking double-entry bookkeeping tables that we call Godley Tables;
      Developing a realistic foundation for an integrated approach to economics and ecology by incorporating the role of energy in economic models of production, springing from the insight that “labor without energy is a corpse; capital without energy is a sculpture”[ 3]; and
      Critiquing the appallingly bad work on climate change and economics that Nordhaus and his associates developed in place of the Limits to Growth study.

      Though Neoclassical economics developed to defend capitalism against Marx’s critique of it, today the main threat to the continued existence of capitalism is Neoclassical economics itself [4]. An alternative paradigm is desperately needed, and it will not come from within economics itself [5].

      Keywords: system dynamics, neoclassical economics, Minsky, energy and economy
  • NMSU Prof. Jamal Mamkhezri to present in the next SDS Econ Meeting, Friday, July 10th 2-3PM ET
  • Request for presenters...or recommendations
  • Did not get to streaming Forrester's Seminar Series on The National Model
  • Dr. Bob Eberlein and Prof. Khalid Saeed is working on The National Model
  • Eberlein will be presenting at the SDS Conference on that work
    https://www.systemdynamics.org/schedule

    Economic Dynamics: Two Years from Completion, by Robert Eberlein

    Abstract for: Economic Dynamics: Two Years from Completion

    Jay Forrester was working on two paper collection projects in the last years of his life. The first was Social Dynamics, which was published by the System Dynamics Society in 2019. The second was Economic Dynamics, which is going to be a model based collection. This work in progress described what needs to be done on the models that Jay was working with to bring Economic Dynamics to fruition. Ultimately, the hope is to also publish it as an electronic book.

Last Edited On: 06/14/2020 02:59:49 PM By Christine Tang
 Subject : Re:2020/06/12 Meeting Notes.. 06/22/2020 12:08:52 PM 
Mark Sandoval
Posts: 13
Location
I was on the Facebook live for the plenary, but the Steve sessión will be on Facebook too? I cant try the register on time I guess.
 Subject : Re:2020/06/12 Meeting Notes.. 06/22/2020 01:06:15 PM 
Christine Tang
Posts: 26
Location
Yes, Steve Keen's presentation will be live streamed tomorrow.
 Subject : Re:2020/06/12 Meeting Notes.. 06/22/2020 07:04:26 PM 
Mark Sandoval
Posts: 13
Location
it will be on the same Facebook link?
 Subject : Re:2020/06/12 Meeting Notes.. 06/22/2020 07:27:24 PM 
Christine Tang
Posts: 26
Location
Yes. Today's afternoon plenary session is now up there too.
 Subject : Re:2020/06/12 Meeting Notes.. 06/24/2020 01:40:15 PM 
Mark Sandoval
Posts: 13
Location
Great conference, thank you very much for all the support on registration.

I really enjoyed all the meetings and I'm very excited about a lot of new ideas for study.
 
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