WIP SD REpresentation of Steve Keen's BOMD Minsky model (described in Fig.5 of his patreon Jan2021 Draft New Economics Manifesto) to hope to make the causal structure clearer
Keen Bank Originated Money and Private Debt
Based on 2023 framework from Australian Treasury mapped into the Salutogenesis framework via social wellbeing
Measuring What Matters Framework
Launch page for Macroeconomics Textbook 2019 by Mitchell, Wray and Watts. There is also a book companion site
Macroeconomics Textbook Overview
Overview of Part E Ch 20 to 24 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Economic policy in an open economy
WIP Ideas from Science Special Issue May 2014
The Science of Inequality
Overview of Part G Ch 27 to 30 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
History of Macroeconomic Thought
SSM Lionfish Management PT2 revised with Storytelling
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Q1 Final Project w/ socio-economic
Question 4.2 - Final Project
Socio-economic Cycle - Final Porjecy
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
Simplified Keen Goodwin Minsky Financial Instability model
Stephen P Dunn 2010 Book summary including Technostructure MMT PCT critical realist and managing perceptions links
The Economics of JK Galbraith
Revised version of S&F diagram, with Renewable energy investment as an auxiliary variable.
Revised Stock & Flow of Energy Infrastructure Development, Climate Change Impacts, and Economic Activity
Brief Summary of Albert O Hirschman's Book with 2026 update
The Passions and the Interests
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.
It is assumed that the Government intervention is triggered when the COVID-19 case is equal to or more than 10.
Government intervention - lock down the state, suppress the development of COVID-19 effectively. It is related to most of people stay at home to reduce the exposure in public area.
On the other hand, it also bring the economy of Burnie in the recession, as no tourists, no dining out activities and decrease in money spending in the city.
Burnie COVID-19 outbreaks and economic impacts_Pui Chu Daisy Cheung 524767
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)
Financiering VS lening
A system dynamics model to CBA of smart grid project
STATIC_Model_System dynamics approach to Isernia CBA Case
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..
Price control mechanism
Book Summary of The Great Transformation by Karl Polanyi see Wikipedia . See also more Karl Polanyi ideas IM-181325
The Great Transformation
A causal loop diagram illustrating solutions for the homelessness problem
Homelessness Model
I have tried to capture the unemployment benefits budget in a causal loop diagram. You can make this as extensive as you want, but I have tried to focus on how unemployment benefits are financed and on the main determinants of expenditures and income. I was not (yet) able to 'close te loop' - to build the diagram up from feedback cycles.
The diagram is in Dutch.
Causal loop diagram of unemployment benefits
Structure of model in Nathan Forrester's 1983 MIT Thesis comprising 4 models
Macroeconomics System Dynamics Nathan Forrester
