Goodwin cycle  IM-2010  with debt and taxes added, modified from Steve Keen. 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. THis can be extended by adding the Ponzi effect of borrowing for speculative investment.

 This model shows the simulation of COVID-19 outbreaks
when it hit Burnie, Tasmania. This model will show how government intervention
will impact the total number in COVID 19 cases and the overall economic
activity.     

   

    Assumptions    



 1.   The current Burnie population in 19550.
Ther
This model shows the simulation of COVID-19 outbreaks when it hit Burnie, Tasmania. This model will show how government intervention will impact the total number in COVID 19 cases and the overall economic activity.

 

Assumptions

1.   The current Burnie population in 19550. Therefore, the susceptible population is equal to the current Burnie population.

2.       Since Burnie is just a regional city, the virus infection rate is 25% as 5000 people in Burnie went into quarantine during the outbreak last year.

3.       50% of people who are infected will recover.

4.       20% of people who are infected will die because Burnie population average is old.

5.       Government intervention and policy will reduce the Infection

6.       COVID-19 is only countable as a case if the infected people have been tested, and the percentage of testing depends on how many infected people have been tested.

7.       Following a recovery, there is a chance that people could lose their immunity, and also the immunity loss rate measures this.

8.       Government intervention will reduce the infection rate by 15%.

9.       Lockdown will cause tourism industry to shut down and affect the overall economic activity.

10.   Lockdown is one of the most effective way to prevent infection.

11.   Strict health protocol also contributes to reduce the infection.

12.   Vaccination will not make people fully immune to the virus. However, vaccinated people will reduce the immunity loss percentage.

13.   Economic growth rate percentage is based on year 2020.

Findings

1.       COVID-19 could be significantly reduced in number and the spread of the vaccine could make a significant impact on the epidemic.

2.       Economic activity will drop during the first phase of government intervention, However, it will steadily increase overtime

3.       Less people going to be susceptible as government imposed covid 19 rules.

I made this as an illustration of a piece of text I read in Regenerative Economics, household economics.
I made this as an illustration of a piece of text I read in Regenerative Economics, household economics.
Social determinants of health are economic and social conditions that influence the health of people and communities. These conditions are shaped by the amount of money, power, and resources that people have, all of which are influenced by policy choices. Social determinants of health affect factors
Social determinants of health are economic and social conditions that influence the health of people and communities. These conditions are shaped by the amount of money, power, and resources that people have, all of which are influenced by policy choices. Social determinants of health affect factors that are related to health outcomes. Factors related to health outcomes include:
  • How a person develops during the first few years of life (early childhood development)
  • How much education a persons obtains
  • Being able to get and keep a job
  • What kind of work a person does
  • Having food or being able to get food (food security)
  • Having access to health services and the quality of those services
  • Housing status
  • How much money a person earns
  • Discrimination and social support
This model illustrates the current practice and consequences of government spending. Following the
direction of the arrows from right to left the model shows the following sequence
based on current practice:

 Government
Spending at a certain point leads to spending in excess of tax receipts. This
w
This model illustrates the current practice and consequences of government spending. Following the direction of the arrows from right to left the model shows the following sequence based on current practice:

Government Spending at a certain point leads to spending in excess of tax receipts. This will automatically lead to the issue of treasuries in the belief that the excess spending must be financed by borrowing (although the government has the capacity to create  money). This in turn will increase the national debt.

 Consequences that follow from this practice:

1) That national debt increases whenever the government spends in excess of tax receipts.

2) That the government must pay interest on the debt issued, which in turn increases and reinforces the need for government spending.

3) That the interest paid on treasuries will increase private sector income.

There is an alternative view, supported by Modern Monetary Theory, of how government spending can proceed. Please see this  Insight: 

https://insightmaker.com/insight/19954

   THE 2020 MODEL (BY GUY LAKEMAN) EMPHASIZES THE PEAK IN POLLUTION BEING CREATED BY OVERPOPULATION.  WITH THE CARRYING CAPACITY OF ARABLE LAND NOW BEING 1.5 TIMES OVER A SUSTAINABLE FUTURE (PASSED IN 1990) AND NOW INCREASING IN LOSS OF HUMAN SUSTAINABILITY DUE TO SEA RISE AND EXTREME GLOBAL WATER R

THE 2020 MODEL (BY GUY LAKEMAN) EMPHASIZES THE PEAK IN POLLUTION BEING CREATED BY OVERPOPULATION.
WITH THE CARRYING CAPACITY OF ARABLE LAND NOW BEING 1.5 TIMES OVER A SUSTAINABLE FUTURE (PASSED IN 1990) AND NOW INCREASING IN LOSS OF HUMAN SUSTAINABILITY DUE TO SEA RISE AND EXTREME GLOBAL WATER RELOCATION IN WEATHER CHANGES IN FLOODS AND DROUGHTS AND EXTENDED TROPICAL AND HORSE LATTITUDE CYCLONE ACTIVITY AROUND HADLEY CELLS

The World3 model is a detailed simulation of human population growth from 1900 into the future. It includes many environmental and demographic factors.

THIS MODEL BY GUY LAKEMAN, FROM METRICS OBTAINED USING A MORE COMPREHENSIVE VENSIM SOFTWARE MODEL, SHOWS CURRENT CONDITIONS CREATED BY THE LATEST WEATHER EXTREMES AND LOSS OF ARABLE LAND BY THE  ALBEDO EFECT MELTING THE POLAR CAPS TOGETHER WITH NORTHERN JETSTREAM SHIFT NORTHWARDS, AND A NECESSITY TO ACT BEFORE THERE IS HUGE SUFFERING.
BY SETTING THE NEW ECOLOGICAL POLICIES TO 2015 WE CAN SEE THAT SOME POPULATIONS CAN BE SAVED BUT CITIES WILL SUFFER MOST. 
CURRENT MARKET SATURATION PLATEAU OF SOLID PRODUCTS AND BEHAVIORAL SINK FACTORS ARE ALSO ADDED

Use the sliders to experiment with the initial amount of non-renewable resources to see how these affect the simulation. Does increasing the amount of non-renewable resources (which could occur through the development of better exploration technologies) improve our future? Also, experiment with the start date of a low birth-rate, environmentally focused policy.

This is the summary of lecture ​1 of my Course about StartUps. It's an intro to the startup ecosystem and the different stakeholders that can interact with your new enterprise at different stages of its evolution and growth. -version 1 - for info or suggestions: bonato.pietroz@gmail.com
This is the summary of lecture ​1 of my Course about StartUps. It's an intro to the startup ecosystem and the different stakeholders that can interact with your new enterprise at different stages of its evolution and growth. -version 1 - for info or suggestions: bonato.pietroz@gmail.com
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 
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