This page provides a structural analysis of POTUS Candidate Jim Gilmore's
economic policy based on the information at: http://www.gilmoreforamerica.com/jims-growth-code/ 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
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:
The model simulates how logging in with tourism(mountain biking) in Derby Tasmania.
How the model works.
Trees grow, loggers cut them in order to sell them because of demand for Timber.
Mountain cyclist depends on satisfaction and expectation. Satisfaction and Expectation depends on Scenery number of trees compared to visitor and Adventure number of trees and users. Park capacity limits the number of users. Local Business is influenced by the timber and number of Mountain Cyclist. Employment is influenced by the number of mountain cyclist and logging activity.
A model of the relationship among covid-19 outbreak and government policy and economic impacts.
More susceptible people results in more infected people, and then more cases. A greater number of covid-19 cases triggers unemployment and financial crisis.
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.
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
