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This page provides a structural analysis of POTUS Candidate Ben Carson's economic policy based on the information at:

https://www.bencarson.com/issues/tax-reform/

https://www.bencarson.com/issues/balanced-budget-amendment/ 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

DRAFT IPA of Ben Carson economic policy

Steve Wallis

Economic growth model delay function

Bendik Jahnsen

This model shows the negative effects of COVID 19 outbreak in Philippines which has impacted the economy and mortality. The relationship between COVID-19 to economic situation and death rate has been shown in the graph. Based on the model, lacking of government policy indicates an increased in COVID 19 cases. Thus, result in rapid increase of poverty caused by unemployment and disruption of business establishments which is are both indicator of economic crises. Moreover, rapid increased of COVID cases and suffering due to economic crisis results to an increased of death rate.

Ph_Covid19SDM_Orendain, Lloyd Lesther

Lloyd Lesther

Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.

normL

Ocean Tennant

3

Economics hw

julianna valenzona

9 months ago

This model is based on the article Dynamic modeling of Infectious Diseases, An application to Economic Evaluation of Influenza Vaccination Farmacoeconomics 2008, 26(1): 45-56 .

And EBOLA

Dynamic Modeling of Infectious Diseases

Guy Lakeman

4

The problem being examined is the issue of access to quality education being provided to all students irrespective of economic, geographical, social, racial, gender or religious issues. We are looking at the many factors impacting on access to quality education.

Excellent Schools Causal Loop2

Nicola Eccleston

Book summary of Albert O Hirschman's 1982 book, explaining cycles of collective public action.

Shifting involvements

Geoff McDonnell

3

Directly inspired from Meadows - Thinking in Systems, a Primer, from page 66 and on. This model needs to be adapted for the operating costs.

Fisheries simulation

Henny van Dongen

Ijssel Delta Final

B G

An economic model of Oregon's Marijuana.

Visual display of the Marijuana flow in Oregon.

I

OMM

shaun savage

Model based on chapter 10 (opportunity cost) of the book Modeling Dynamic Economic Systems

Opportunity cost

AR

310

Adapted from Fig 12.1 p.476 of the Book James A. Forte ( 2007), Human Behavior and The Social Environment: Models, Metaphors and Maps for Applying Theoretical Perspectives to Practice; Thomson Brooks/Cole Belmont ISBN 0-495-00659-9

Economic Theory Map

Geoff McDonnell

This model is developed to simulate how Burnie can deal with a new outbreak of COVID-19 considering health and economic outcomes. The time limit of the simulation is 100 days when a stable circumstance is reached.

Stocks

There are four stocks involved in this model. Susceptible represents the number of people that potentially could be infected. Infected refers to the number of people infected at the moment. Recovered means the number of people that has been cured, but it could turn into susceptible given a specific period of time since the immunity does not seem everlasting. Death case refers to the total number of death since the beginning of outbreak. The sum of these four stocks add up to the initial population of the town.

Variables

There are four variables in grey colour that indicate rates or factors of infection, recovery, death or economic outcomes. They usually cannot be accurately identified until it happen, therefore they can be modified by the user to adjust for a better simulation outcome.

Immunity loss rate seems to be less relevant in this case because it is usually unsure and varies for individuals, therefore it is fixed in this model.

The most interesting variable in green represents the government policy, which in this situation should be shifting the financial resources to medical resources to control infection rate, reduce death rate and increase recovery rate. It is limited from 0 to 0.8 since a government cannot shift all of the resources. Bigger scale means more resources are shifted. The change of government policy will be well reflected in the economic outcome, users are encouraged to adjust it to see the change.

The economic outcome is the variable that roughly reflects the daily income of the whole town, which cannot be accurate but it does indicate the trend.

Assumptions:

The recovery of the infected won't happen until 30 days later since it is usually a long process. And the start of death will be delayed for 14 days considering the characteristic of the virus.

Economic outcome will be affected by the number of infected since the infected cannot normally perform financial activities.

Immunity effect is fixed at 30 days after recovery.

Interesting Insights:

In this model it is not hard to find that extreme government policy does not result in the best economic outcome, but the values in-between around 0.5 seems to reach the best financial outcome while the health issues are not compromised. That is why usually the government need to balance health and economic according to the circumstance.

New outbreak of COVID-19 in Burnie

Hank

Additional Research:

1. DuPont Renewably Sourced Materials Report - I learned how DuPont uses separation, fermentation and chemistry to create high performance crops.

No Author, No Date, Retrieved from: http://www2.dupont.com/Renewably_Sourced_Materials/en_US/assets/DuPont_Renewably_Sourced.pdf

2. The Science of Hybrid Crops - This article explains the history of hybrid crops.

Reinhart, K. (2003) Living History - Science of Hybrid Crops. Retrieved from: http://www.livinghistoryfarm.org/farminginthe30s/crops_03.html

Spencer Beane Final Assignment

Spencer Beane

Model-SIM from chapter 3 of Wynn Godley and Marc Lavoie's Monetary Economics. Simplest model with government money that is also stock-flow consistent.

Model-SIM

Aaron Medlin

5

PO 2020

Andreas Romppel

Wagdy Samir work in progress. Addition of Bill Mitchell's draft textbook chapter1 See also The value of everything book IM

MacroEconomics

Geoff McDonnell

5

WIP Elements from macroeconomics, neoliberalism and commercial determinants of health frameworks to provide a background to the effects of the universal basic income on health and wellbeing for the first 1000 days. UBI diagram modified from Johnson2021 article Expanded in Insight 2

Employment and Welfare Interventions Effect on the first 1000 days 1

Geoff McDonnell

$This is a toy model of fractional reserve banking. In the first period, there is foreign spending using domestic currency. This spending creates offshore banking reserves. The offshore bank then lends to the domestic bank. In consequence, the banking sector captures all of yield on government de$

This is a toy model of fractional reserve banking.

In the first period, there is foreign spending using domestic currency. This spending creates offshore banking reserves. The offshore bank then lends to the domestic bank. In consequence, the banking sector captures all of yield on government debt.

Banking Leverage

Neil Lancastle

Clarify Purpose: To see forest rise/decline over 30 years. Reduce deforestation (decline). Identify the change driver, tipping points and leverage points.

Agriculture expansion and natural forest loss by data shows significant decline in simulation.

Intervention in Agriculture expansion has the potential to influence and mitigate land system change.

Team 5 EcoCinco Deforestation