Minsky brings system dynamics and monetary modelling to economics. Models are defined using flowcharts on a drawing canvas (as are Matlab's Simulink, Vensim, Stella, etc). Minsky's unique feature is the "Godley Table", which uses double entry bookkeeping to generate stock-flow consistent models of financial flows.
Minsky is good for demonstrating mathematics too, with the most "math-like" interface in system dynamics.
Development of Minsky is being funded by Friends Provident Foundation. Updates will be posted regularly while this funding continues (see https://www.patreon.com/posts/friends-provides-30880108 for details).
Sign up to Minsky's Patreon page (for a minimum of $1 a month) at https://www.patreon.com/hpcoder/. This creates a user community, which SourceForge doesn't facilitate.
Full changes shown here: https://minsky.sourceforge.io/changelog.htm
Features
- Graphical modelling environment similar to Vensim and Simulink
- Unique feature of Godley table for modelling financial flows
- Dynamic graphs embedded in canvas
- Change simulation parameters on the fly to explore effects of economic policy, etc.
- System ODE solver
- Export of system as XML, LaTeX, SVG
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I think Minsky is a promising software for explaining economics and together with lessons and articles of professor Keen on Patreon is a great tool for learning and understanding economics. Support from dr. Russel is also great.
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Economics needs this better financial analysis.
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Great tool helpful to understand Econometrics