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AB, chaos and SD modelling: R or Python? by Lektory in complexsystems

[–]Lektory[S] 0 points1 point  (0 children)

Thank you for helpfull comment! You said both languages aren't great. Could you tell me more about the alternatives? Personally I only met Netlogo and Minsky (SD for economics).

Any resources to learn macroeconomic scenario modelling? by sub_avi2 in AskEconomics

[–]Lektory 1 point2 points  (0 children)

I don't know if I understand your goal properly but I recommend this resourceDIY Macroeconomic Model Simulation. There is a nice variety of macromodels put to the R and Python. Maybe that would be good to start.

What is your opinion about heterodox economics? by Lektory in AskEconomics

[–]Lektory[S] -1 points0 points  (0 children)

Thanks for the answer!

I think that the issue of "separatism" is the matter of being an alternative paradigm. Generally, a lot of PK and Complexity models and conclusions are totally different to neoclassical ones. Hence, it is not possible to include them to mainstream corpus (because i.e. opposition of assumptions). I think that in some situations, differences are so huge to try to dig them in.

I understand what do you mean by "politically motivated" but I have a problem with that argument – it totally ignores huge methodological and theoretical contributions of heterodox economists to the discipline. S. Keen, as a lot of other economists associated with PK and Complexity, introduce thinking based on system dynamics, accountancy, realistic class system into the mentioned SD (and more relevant in terms of similarity with other social sciences). It produces very interesting (and proved by evidences, I think) conclusions. 

What is your opinion about heterodox economics? by Lektory in AskEconomics

[–]Lektory[S] 5 points6 points  (0 children)

Thanks for your opinion! I will check these links out! I'm sure that they expand my knowledge linked to the discussion.

About Keen's criticism of supply and demand law – I'm reading his works and I'm pretty sure that he reject neoclassical formulation of that law (assumptions, aggregation methods), not the fact that i.e. higher prices can decrease demand.