Difficulties with formulae and links

On the occasion of th G20-meeting in Toronto, the German Economics minister Herr Schaüble said that without restoring confidence it would not be possible to get consumer spending and business investment going. Similar remarks were made by David Cameron and Señor Zapatero of Spain. All maintain that confidence is a pre-requisite to get growth going and that, therefore, it was imperative to reduce fiscal deficits. Reducing the fiscal deficit will restore confidence at first. However, reducing the deficit very quickly will introduce a dynamic that may cause the economy to decline - and perhaps depress  consumers demand even further.  It will actually destroy confidence: few businesses are inclined to invest in a shrinking economy. Cutting the deficit too rapidly or too steeply can lead to a confidence trap.

NOTE: A big experiment is now taking place in the UK - the government has cut public spending severely! Will this lead to hardship and, perhaps, social unrest? 

Based on chapter 14 of Modeling Dynamic Economic Systems

integratrated solar  energy  economics  for  northeast brazil depend   consultant engs

From Greenhalgh et al article 2017 jimr Beyond Adoption: A New Framework for Theorizing and Evaluating Nonadoption, Abandonment, and Challenges to the Scale-Up, Spread, and Sustainability of Health and Care Technologies 

A Model for COVID-19 outbreak

MODERN MONETARY THEORY SHOWS HOW FULL EMPLOYMENT CAN BE ACHIEVED!

POTENTIAL GDP is a level of overall spending - by the government and the non-government sector - at which there is full employment. If the economy is not operating at its potential, then the  private sector has failed to invested or spend enough to generate the necessary growth nor has income  from net exports contributed enough. This only leaves the government to close the spending gap. Conceptually, a government disposing of its own freely floating currency could act using two powerful tools -  spending in excess of tax revenue, and taxation - to ensure that the gap between the actual economic activity and potential GDP is quickly closed. Achieving the  full employment that prevailed for 30 years between 1945 and 1975 in western economies is definitely possible! 

Clusters of interacting methods for improving health services network design and delivery. Includes Forrester quotes on statistical vs SD methods and the Modeller's dilemma. Simplified version of IM-14982 combined with IM-17598 and IM-9773

Part 2 of Lab 1

This model illustrates a scenario whereby a client wanted to move from a Fixed rate/ton/route transported to a Tendered rate/ton/route in order to reduce the overall cost of transport. There have been considerable ''unintended consequences'' as a result of this.

People, generally, do not seem to be conscious of, or care about, the enormous dangers of climate change and even the possibility of a devastating war in the Korean peninsula that could turn nuclear. They carry on with their routine and banal conversations as if that was all that mattered. In the 60s there were peace demonstration, there was more awareness and public engagement in the face of the thread of nuclear war. Could the pressures and demands of modern capitalism, now no longer tamed by a competing communist system that could potentially appear to be more attractive, be a causal factor? People caught up in the turmoil of a positive feedback loop rarely perceive reality beyond it. This simple CLD tries to illustrate the dynamic and feedback loops that could be responsible for this strange apathy and how our present day economic system could be blinding us to imminent danger.

This model attempts to illustrate a Strong Towns' perspective of municipal financing of our communities based on a development Growth Ponzi Scheme. http://www.strongtowns.org/the-growth-ponzi-scheme/ 

Simple model of the global economy, the global carbon cycle, and planetary energy balance.