An initial study of the economics of single use coffee pods.

This page provides a structural analysis of POTUS Candidate Jim Gilmore's economic policy based on the information at: http://www.gilmoreforamerica.com/jims-growth-code/  The method used is Integrative Propositional Analysis (IPA) available: ​ http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf

System Zoo Z409 Fishery dynamics from Hartmut Bossel (2007) System Zoo 2 Simulation Models. Climate, Ecosystems, Resources

Introduction:

Template to start Assignment 1.  Includes a solution to Worksheet 4.

Launch page for Macroeconomics Textbook 2019 by Mitchell, Wray and Watts. There is also a book companion site

To compete with cheap price and convenience,

Very basic stock-flow diagram of simple interest with table and graph output in interest, bank account and savings development per year. Initial deposit, interest rate, yearly deposit and withdrawal, and initial balance bank account can all be modified. 

This paper aims at describing a case where system dynamics modeling was used to evaluate the effects of information and material supply lead-time variation on sales contributions margins and operating cash conversion cycle of a commodity export business.  An empirical dynamic model, loaded with econometric theory of price effect on competitive demand, was used to describe the input data.  The model simulation outputs proved themselves relevant in analyzing the complex interconnections of multiple variables affecting  the profitability in a commercial routine, supporting the decision process among sales managers.

Capitalism is in crisis and climate change disruption is now beginning to hit the bottom line. Insurance companies know this well. According to a report by the Bank of England, insured losses have risen from $10 000 million in 1985 to $50 000 million in 2015. Climate change cannot be reversed, and extreme weather events  will undoubtedly get worse in the future strengthening the disruptive effects shown in the CLD.  Another dynamic is that companies will continue to automate and, as The Economic Policy Institute has shown, fail to reflect  productivity gains in workers' salaries. The result, stagnating salaries is disastrous for demand, given that capitalism needs endlessly rising demand and consumption. A further serious problem is that as climate change gets worse there will be increasing demands for companies to assume their responsibility and bear the costs of negative externalities.  The CLD shows these factors which are likely to lead to the collapse of the system: when capitalism can no longer generate 'capital' it has stopped to serves any useful purpose. 

This Model was developed from the SEIR model (Susceptible, Enposed, Infected, Recovered). It was designed to explore relationships between the government policies regarding the COVID-19 and its impact upon the economy as well as well-being of residents. 

Assumptions:

Government policies will be triggered when reported COVID-19 case are 10 or less;

Government Policies affect the economy and the COV-19 infection negatively at the same time;

Government Policies can be divided as 4 categories, which are Social Distancing, Business Restrictions, Lock Down, Travel Ban, and Hygiene Level, and they represented strength of different aspects;

 

Parameters:

Policies like Social Distancing, Business Restrictions, Lock Down, Travel Ban all have different weights and caps, and they add up to 1 in total;

 

There are 4 cases on March 9th; 

Ro= 5.7  Ro is the reproduction number, here it means one person with COVID-19 can potentially transmit the coronavirus to 5 to 6 people;

Interesting Insights:

Economy will grow at the beginning few weeks then becoming stagnant for a very long time;

Exposed people are significant, which requires early policies intervention such as social distancing.

Michael Marmot's Eur J Epidemiol Essay 2017 See also IM-62760  Social determinants of health from Michael Marmot's  ABC 2016 Boyer Lectures on Social Justice and the Health Gap

Simulating Hyperinflation for 3650 days.

If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings.  We don't show the details of the central bank buying bonds here, just the net results.

See blog at http://howfiatdies.blogspot.com for more on hyperinflation, including a hyperinflation FAQ.