Editing Post-Keynesian Economics (section)

== <span style="color: #FFFFFF;">Applying</span> ==
'''Modeling 'The Minsky Cycle' (Predicting a financial crash based on debt):'''
<syntaxhighlight lang="python">
def predict_financial_instability(total_debt, annual_growth_rate, period_of_stability_years):
    """
    Shows how 'Confidence' leads to 'Crisis'.
    """
    # Minsky's Law: The longer the 'Peace', the higher the 'Risk'
    confidence_factor = period_of_stability_years * 0.1
    debt_weight = (total_debt / annual_growth_rate) * 0.5
    
    instability_score = confidence_factor + debt_weight
    
    if instability_score > 15:
        return "VERDICT: MINSKY MOMENT imminent. Prepare for a crash."
    elif instability_score > 10:
        return "VERDICT: Fragile stability. Speculative 'Ponzi Finance' detected."
    else:
        return "VERDICT: Hedge Finance. The system is stable (for now)."

# Case: A country with 20 years of 'Peace' and high debt
print(predict_financial_instability(200, 2, 20))
</syntaxhighlight>

; Post-Keynesian Landmarks
: '''The Cambridge Capital Controversy (1950s-60s)''' → A famous "War of Words" between economists in Cambridge, UK and Cambridge, USA, where the Post-Keynesians proved that mainstream "Math models" of capital were logically impossible.
: '''Stabilizing an Unstable Economy (1986)''' → Hyman Minsky's book that predicted the 2008 Financial Crisis 22 years before it happened.
: '''The 'Modern Monetary Theory' (MMT) Boom''' → A recent "Spin-off" of Post-Keynesianism that argues the government should "Hire everyone" to ensure full employment, regardless of the deficit.
: '''The 'Financialization' of the World''' → Post-Keynesian research showing that the world economy has moved from "Making things" to "Trading debt," making it more fragile than ever.
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