Fred Decker used Vensim to model Keen's model. Fred's model in Vensim is here.
Fred references Bill Mitchell at the end which takes me to an interesting thing that Bill Mitchell wrote relying on System Dynamics to present "A Flow of funds view of modern monetary macroeconomics"
Bill Mitchell: Another thinker in the league of professor Yamaguchi.
There is an interesting discussion following Bill Mitchell's blog entry about the flow of funds. MY observation is that the Austrian School of economic thinking is expressed only in words and not models. Connecting words in a dialog it is easy to get lost in all the connections. It is also easy to introduce relationships of concepts in the dialog or written explanation that do not hold water when connected to the other things in the system. My conclusion is the the Austrian School of thinking does not like System Dynamic Models.
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