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

Market-led Sustainability is  a 'Fix-that-Fails' as is illustraited in this graph in a very simplified manner. Likely market-led initiatives would be investment in renewables, electric cars and the development of long-term battery storage as a back-up to renewable energy adn other initiatives. However, all of these make demands on the environmemt, requiring  resources, fossil fuels (solar cannot beused to built  solar) and will be accompanied by greenhouse gas emission. In the medium and long term  they will undermine the market-driven goal,  increasing  environmental and economic costs.  The whole enterprise will eventually fail.

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

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

A system diagram for the Mojave Desert including example socio-economic factors for an assignment at OSU- RNG 341.

Graph representation of Ch3 of their 2007 Monetary Economics book, based on Alvarez and Ehnts 2015 paper The roads not taken. Also see more complex WIP to successively split sectors at IM-185550 . See also essence of MMT IM for simpler intro

A single resource is used​ with a constant rate and converted into products in use. After a while, these products become unusable because of aging. The recycling of these unusable products is imperfect, thus the amount of not recyclable resource grows (until a better recycling process is invented).

Modern industrial civilisation has created massive interdependencies which define it and without which it could not function. We all depend on industrial farming to produce the food we eat, we depend on gasoline being available at the gas station,  on the availability of electricity and even on the bread supplied by the local baker. Naturally, we tend to support the institutions that supply the amenities and goods to which we have become accustomed: if we get our food from the local supermarket, it is likely that we would be opposed to it’s closure. This means that the economic system that relies on continuous growth enjoys implicit societal support and that nothing short of environmental disaster or a shortage of essential raw materials will impede it’s growing indefinitely. It is not hard to work out the consequences of this situation!

this model shows the relationship between economic growth and government debt (just the bailout debt) and the mortgage default burden. At the current rates, the debt will never be paid off.

Peak oil will occur when it is too expensive to bring oil to the surface and not when reserves reach their limit. Companies must make a profit to be able to extract oil and stay in the oil business.  However, that endeavour is becoming more and more difficult because of diminishing returns. They have to dig ever deeper to get to the oil  at ever increasing costs, and the oil they find deep down is of a lesser quality.  We have now reached a point where the price needed by oil companies to make a profit and stay in business is far higher than the price  the market can bear. That price is probably about $ 100 per barrel - and rising every year! A market price o $ 100 will almost certainly cause a sharp recession and cause the price of oil to fall back beyond the point of profitability. For example, the combined profit of ExxonMobile, Chevron and Conocophillips fell from 80.4 billion in 2011 to only 3.7 billon in 2016 - see URL below. What the market can bear depends on the spending power of the mass of non-elite workers. The CLD shows the negative feedback loops that prevent oil prices to rise above the level of  affordability. If non-elite workers cannot afford the goods and services offered,  then there will be no demand for them and by extension for oil.  In this situation the market price will not the cover the cost that oil companies need to extract oil. Oil supplies will decline and so will economic activity!

https://srsroccoreport.com/the-blood-bath-continues-in-the-u-s-major-oil-industry/

A simple stock-flow diagram depicting the development of the number of people with social assistance from 2008 - 2019 in the Netherlands based on data from the Central Bureau of Statistics.

In this chart, we see Economical factors from the article "How America's Favorite Baby-Goat Club is Helping Big Ag Take Over Farming in Africa"

Introduction:

This model demonstrates the COVID-19 outbreak in Bernie, Tasmania, and shows the relationship between coVID-19 outbreaks, government policy and the local economy. The spread of pandemics is influenced by many factors, such as infection rates, mortality rates, recovery rates and government policies. Although government policy has brought the Covid-19 outbreak under control, it has had a negative impact on the financial system, and the increase in COVID-19 cases has had a negative impact on economic growth.

 

Assumptions:

The model is based on different infection rates, including infection rate, mortality rate, detection rate and recovery rate. There is a difference between a real case and a model. Since the model setup will only be initiated when 10 cases are reported, the impact on infection rates and economic growth will be reduced.

 

Interesting insights:

Even as infection rates fall, mortality rates continue to rise. However, the rise in testing rates and government health policies contribute to the stability of mortality. The model thinks that COVID-19 has a negative impact on offline industry and has a positive impact on online industry.

Simplification of Prevention Investment Framework (private) IM See WIP integrating with economic view insight (private) and multiscale version IM private

Bourke is a remote town in NSW with a population of 2634 people.  In 2013 crime figures from Bourke showed the highest assault, break-ins and car theft rates in NSW with crime spikes mostly occurring during nights and school holidays.  Over the past five years, the Aboriginal Community has come together to trial a model for change, called Just Reinvest.