Stephen P Dunn 2010 Book summary including Technostructure MMT PCT critical realist and managing perceptions links

The model is built to demonstrates how Burnie Tasmania can deal with a new COVID-19 outbreaks, taking government policies and economic effects into account.

During the 'big recession' many governments have deliberately repressed salaries, usually via structural reforms, in order to gain competitivity. However, repression of salaries increases inequality, social discontent and often has counterintuitive effects. Salaries are a cost for companies, but they are also the basis for the demand for the goods and services they offer: people with little income cannot afford them. Scientific studies have shown repeatedly that economic growth generated via salary increases does not endanger the creation of employment, but rather reinforces it. In most countries, the 'positive effect of salary increases' eclipses any possible negative effects on export competitivity and even any detrimental effect on investment. A good example of such a study is the work of ONARAN and OBST on Wage-led Growth in the EU15 Member States (2016).  This positive dynamic has been highlighted in the model by prominent arrows. The policy implications for governments are clear! 

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

WIP of Rammelt's 2019 System Dynamics Review Article which has STELLA and Minsky software versions as supplements. Compare with the older IM-2011 version

This model shows the COVID-19 outbreaks in Burnie and the Government intervention to alleviate the crisis and also how is the intervention affect the economy.

This model shows the operation of an extremely simple economy. The system produces and consumes each item (or good) at a fixed rate.

When production exceeds consumption, consumer goods accumulate in stocks. Trading may occur between actors in this system. That will not, however, affect the quantities of the stocks of goods. It only affects ownership (not a concern of this model.)

Revised version of S&F diagram, with Renewable energy investment as an auxiliary variable.

Causal loop diagram on an extension of the US budget because of corona in connection to the Chinese budget for the sake of a discussion (in Dutch)

Adam Smith's The Invisible Hand: The Feedback Structure of Markets. From Sterman JD Business Dynamics p170 Fig 5-26. A price-mediated resource allocation system..

Book Summary of The Great Transformation by Karl Polanyi see Wikipedia . See also more Karl Polanyi ideas IM-181325

WIP Ideas from Science Special Issue May 2014

Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a great deal of sense.

• This model examines how sustainable consumerism is from social, economic, and environmental aspects. The question in focus is "How will our second-hand clothing donations affect communities in developing countries, specifically Kenya?"

Fig 17.15 p700 Causal structure of commercial real estate markets of Case Study from John Sterman's 2000 Business Dynamics Book