i'm in minsky of course the economist but one of his postulates is that you've got a rising bubble in an economy where the the bubble assets are used as collateral to finance more leverage to increase until such time as the bubble bursts but all throughout the building up of the bubble people are convinced that as alan greenspan said in the one nine hundred ninety s. there's a new paradigm there smoking their own belly button lint they're getting high on the on the on the high prices are that sometimes there's a collapse of this minsky machine is going to capture the irrational. analogy of markets it makes it possible to capture you can model actually virtually any system you lock and you can model whether it's using exactly the same basic technology that engineers have developed over the last thirty is simulink can visit him and then simmons that engineers would be aware of what economists have never gone and that dynamic direction saw him getting out as a tool it's not actually he doesn't and capture light minsky but it lets me express minsky and most people build any model so long

i think one should do that you'll get all the stuff minsky was talking about was in the fundamental way minsky had a accurate vision of the real world but you can't express that visual issue or skype from a cool librium and accept that the system is fundamentally monitoring once you do that i think miscue stuff will turn up automatically but austrians could use that anybody except street near classical music or they believe in a fairy land so if somebody wants to contribute to the project they've got to kickstarter go to kick solder it's very simple if you bought a book from amazon you're ready to contribute to simply say you want to make a pledge choose the amount the reward you want whatever you can do a moral than any amount if you want to give it in a particular reward click in nixing in iran amazon's by age you make the pledge in your back and pitch solder again six string this simple all right steve cain. brought along some chart torn for us to look at this is a chart of margin debt to the dow jones industrial average what's what to tell yeah well this is i've been trying for