WIP based on Emery Roe's 2013  book . See also Dynamics in Action  IM-3239  for more on behavior and The Art of the State  IM-11962  for more on Grid-Group Cultural Theory
WIP based on Emery Roe's 2013 book. See also Dynamics in Action IM-3239 for more on behavior and The Art of the State IM-11962 for more on Grid-Group Cultural Theory
4 9 months ago
 Goodwin cycle  IM-2010  with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.

WIP Book summary of Frank Stilwell's 2019 Book, The Political Economy of Inequality, Polity Press  podcast and slides
WIP Book summary of Frank Stilwell's 2019 Book, The Political Economy of Inequality, Polity Press podcast and slides
WIP Summary of MIchael Hudson's  Book  Killing the Host: How Financial Parasites and Debt destroy the Global Economy 
WIP Summary of MIchael Hudson's Book Killing the Host: How Financial Parasites and Debt destroy the Global Economy 
This is a high-level causal loop diagram mapping the impacts of a power outage on FEMA lifelines and associated services, and the resulting potential feedbacks and impacts to human behavior and various dimensions of wellbeing.      A lifeline enables the continuous operation of critical government a
This is a high-level causal loop diagram mapping the impacts of a power outage on FEMA lifelines and associated services, and the resulting potential feedbacks and impacts to human behavior and various dimensions of wellbeing. 

A lifeline enables the continuous operation of critical government and business functions and is essential to human health and safety or economic security.

  • Lifelines are the most fundamental services in the community that, when stabilized, enable all other aspects of society to function.
  • FEMA has developed a construct for objectives-based response that prioritizes the rapid stabilization of Community Lifelines after a disaster.
  • The integrated network of assets, services, and capabilities that provide lifeline services are used day-to-day to support the recurring needs of the community and enable all other aspects of society to function.
  • When disrupted, decisive intervention (e.g., rapid re-establishment or employment of contingency response solutions) is required to stabilize the incident.
Context-dependent characteristics of hazards, households, and infrastructures influencing vulnerability are represented as variables. Variables are constant or dynamically calculated values that can be used to synthesize data, calibrate models, and/or create forcing functions based on the current time. 

Lifeline services are represented as converters, which can be used to represent input-output relationships or graphs.

Multiple forms of capital (e.g., human, natural, social, manufactured) are represented as stocks. Stocks are flexible "buckets" into which something can be accumulated or withdrawn from.
Circular equations WIP for Runy.    Added several versions of the model. Added a flow to make C increase. Added a factor to be able to change the value 0.5. Older version cloned at  IM-46280
Circular equations WIP for Runy.

Added several versions of the model. Added a flow to make C increase. Added a factor to be able to change the value 0.5. Older version cloned at IM-46280
Extremely basic stock-flow diagram of compound interest with table and graph output in interest and savings development per year. Initial deposit, interest rate, yearly deposit and withdrawal can all be modified in Dutch.
Extremely basic stock-flow diagram of compound interest with table and graph output in interest and savings development per year. Initial deposit, interest rate, yearly deposit and withdrawal can all be modified in Dutch.
 Model of Covid-19 outbreak in Burnie, Tasmania     Balancing Health and Economy factor Vaccination rate will help to recovered more people and decrease the immunity loss rate.        Additionally. The lack of food during the covid-19 pandemic still an obstacle for economic development.     In somew
Model of Covid-19 outbreak in Burnie, Tasmania

Balancing Health and Economy factor
Vaccination rate will help to recovered more people and decrease the immunity loss rate.


Additionally. The lack of food during the covid-19 pandemic still an obstacle for economic development.

In someway, Health balancing in every people will help to shut down covid-19 and help economic development even grow up faster.


Overview of Part E Ch 20 to 24 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Overview of Part E Ch 20 to 24 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
   Description         The model shows Covid-19 situations in Burnie, Tasmania. Under such circumstances, how the state government deals with the pandemic and how economy changes will be illustrated. The relationship between government policy and economic activities under Covid-19 outbreaks will be

Description

 

The model shows Covid-19 situations in Burnie, Tasmania. Under such circumstances, how the state government deals with the pandemic and how economy changes will be illustrated. The relationship between government policy and economic activities under Covid-19 outbreaks will be explained through different variables.


Assumptions

 

Government policy negatively affects Covid-19 outbreaks and economic activities.

Covid-19 outbreaks also has negative effects on economic growth.

 

Parameters

 

There are several fixed and adjusted variables.

 

1.     COVID-19 Outbreaks

Fixed variables: infection rate, recovery rate

Adjusted variables: immunity loss rate

 

2.     Government Policy

Adjusted variables: lockdown, social distancing, testing, vaccination

3.     Economic impact

Fixed variables: tourism

Adjusted variables: economic growth rate

 

Interesting Insights

 

Tourism seems to be the most effective way to bring back economic growth in Tasmania, and it takes time to recover from Covid-19.

 

Government policies tend to have negative influences on economic growth.