From Bill Mitchell and Warren Mosler December2018 billy blog entry and mosler's MMT white paper (google docs) 2019. Some highly aggregated stocks and flows and boundaries introduced.See also Feb 2026 updated insight
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/
The communal economic investment by the community to help generate future economic prosperity and improve the community's quality of life.
If the community generates greater economic prosperity as a result of the Near Term Cash either directly through increased Municipal Revenue or indirectly through the enhancement of Community Wealth Generators and Place Making improvements within the community then it is a desirable investment.
If, however, it leads to ever increasing debt and the chasing of outside investments with the community as the means of collateral then it is a Growth Ponzi Scheme and the community needs to create some new paradigms to find a different path.
This model simulates the economics of buying a home. It was created to compare buying a home against using investment returns to pay for rent. According to Micheal Finke, house prices typically run 20x monthly rental rates.
Try cloning this insight, setting the parameter values for real-world scenarios, and then running sensitivity analysis (see tools) to determine the likely wealth outcomes. Compare buying a home to renting. Note that each run will keep the parameters the same while simulating market volatility.
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
If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings. We don't show the details of the central bank buying bonds here, just the net results.
See blog at http://howfiatdies.blogspot.com for more on hyperinflation, including a hyperinflation FAQ.
A candidate for global adoption in a shared commons model.
A party includes the following types:
A living individual
A living organization
A living enterprise
A living individual would be part of a cooperative in this context the living organization and enterprise relationships are "true".
A stock and flow model which can be copied and local variables applied to aid in economic or community development.
Students are encouraged to start a business or support local economic development in experience based projects.
Students are rewarded in an alternative commerce model through an international cooperative model.
Goal "re-use party records" as an audit requirement from a shared store (global commons candidate) which provides the due diligence required for General Accounting Accepted Practices.
Party Management Systems are closed in the sense of living individuals, organizations and enterprises. The party defines the vector specifics and variables must derive their transactions from the party master record "as is" sourced from the system of record (store) in a service.
Issue: The prescribed use of a party management system intends to reduce the cyber-security threats of a breach systematically.
Measurable outcomes: Reduction of party data collected and stored in living organizations or living enterprises.
from a shared data store, in doing so the segregation of duties component related to management of master records and tables are
The macroeconomic ruel: SPENDING = INCOME = OUTPUT, WHICH DRIVES EMPLOYMENT is presented here in a schematic form. Output can be taken to be equivalent to GDP. In order to maintain output it is necessary for all the income earned to be spent. If this is not the case, then companies find they have excess unsold stock on their hands and will cut back on production. This, in time, will lead to an increase in unemployment as companies need fewer employees. The shortfall in spending can be made up by any of the three sectors that contribute to total output. However, in cases where a country has a trade deficit and where the private sector is not spending or investing enough, the only option is for the government to Net Spend i.e. to spend more than it collected in taxes causing a fiscal deficit.
FORCED GROWTH GROWTH GOES INTO TURBULENT CHAOTIC DESTRUCTION BEWARE pushing increased growth blows the system! (governments are trying to push growth on already unstable systems !)
The existing global capitalistic growth paradigm is totally flawed
The chaotic turbulence is the result of the concept and flawed strategy of infinite bigness this has been the destructive influence on all empires and now shown up by Feigenbaum numbers and Dunbar numbers for neural netwoirks
See Guy Lakeman Bubble Theory for more details on keeping systems within finite limited size working capacity containers (villages communities)
Added several versions of the model. Added a flow to make C increase. Added a factor to be able to change the value 0.5. Older version cloned at IM-46280
The Australian koala population has been in steady decline
since the European settlement of Australia. The reduction of the Koala
population has escalated in the past couple of decades, sounding calls for immediate
action to save the Koala form likely extinction.
The following diagram identifies a number of factors that are related to the population of the koala. By mapping the realtionships it highlights the complexities surrounding
the dwindling Koala population.
References:
Australian Koala Foundation. Policy
and Planning https://www.savethekoala.com/our-work/policy-and-planning
Accessed 8 April 2013
Fynes-Clinton, M. (5 May 2012).Blinky on the brink. Qweekend. 18-25
Hennessey, Carly. 2011 "Road to survival now field of
battle" The Sunday Mail (Brisbane Courier Mail) April 24. p 5.
Koala Crunch Time.
(21 Aug 2012) Four Corners ABC
McAlpine, C. & Adams-Hosking, C. (2013) The koala in the coalmine. The Conversation 13 Feb.
http://theconversation.edu.au/the-koala-in-the-coalmine-11693
This model was designed from the SIR
model(susceptible, infected, recovered) to determine the effect of the covid-19
outbreak on economic outcomes via government policy.
Assumptions:
The government policy is triggered when the
number of infected is more than ten.
The government policies will take a negative
effect on Covid-19 outbreaks and the financial system.
Parameters:
We set some fixed and adjusted variables.
Covid-19 outbreak's parameter
Fixed parameter: Background
disease.
Adjusted parameters: Infection rate, recovery rate. Immunity loss rate can be
changed from vaccination rate.
Government policy's parameters
Adjusted parameters: Testing rate(from 0.15
to 0.95), vaccination rate(from 0.3 to 1), travel ban(from 0 to 0.9), social
distancing(from 0.1 to 0.8), Quarantine(from 0.1 to 0.9)
Economic's parameters
Fixed parameter: Tourism
Adjusted parameter: Economic growth rate(from
0.3 to 0.5)
Interesting insight
An increased vaccination rate and testing
rate will decrease the number of infected cases and have a little
more negative effect on the economic system. However, the financial system
still needs a long time to recover in both cases.
BMA708_Assignment 3_Nguyen Dang Khoa Vo_520272_COVID-19 outbreak and Burnie economy
FORCED GROWTH GROWTH GOES INTO TURBULENT CHAOTIC DESTRUCTION BEWARE pushing increased growth blows the system! (governments are trying to push growth on already unstable systems !)
The existing global capitalistic growth paradigm is totally flawed
The chaotic turbulence is the result of the concept and flawed strategy of infinite bigness this has been the destructive influence on all empires and now shown up by Feigenbaum numbers and Dunbar numbers for neural netwoirks
See Guy Lakeman Bubble Theory for more details on keeping systems within finite limited size working capacity containers (villages communities)
This page provides a structural analysis of POTUS Candidate Jim Webb. 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 Jim Webb POTUS candidate economic policy
