This year’s Godley-Tobin lecture is by Marc Lavoie who is talking about Wynne Godley’s versus James Tobin’s approaches.
You can register here.
James Tobin pioneered the stock-flow consistent modeling. He won the Nobel Prize for it. You can find his Nobel lecture Money And Finance In The Macroeconomic Process here.
Although quite brilliant, there are many shortcomings in James Tobin’s approach. The genius of Wynne’s approach was to overcome those.
