Any activity requires the use of energy. Economic activity
is not possible without energy,
especially fossil fuels. An increase in economic activity necessarily
leads to an increase in the use fossil
fuels and greenhouse gas emissions. In addition there will be a commensurate increase in waste products,
pollution and heat. This is dictated by the laws of physics and unavoidable. A problem arise when the cost of this degeneration
caused by continual economic growth surpasses the benefit society derives from it. The ecological economist Professor Herman Daly (2014) explained that
when the impact on the ecosystem is correctly measured, global growth has reached
a point where the total private and social costs of economic growth outweigh
the private and social benefits. In other words, more economic growth is making global society worse off overall - growth has become uneconomic! The model
shows that eventually pressures will build up that counteract the perennial
belief that all social ills can be solved with economic growth.
The dynamic of UNECONOMIC growth
This is to support a discussion on money flows and growth. Money as a lubricant for the flow of embodied energy in human systems.
See also A Prosperous Way Down website
Odum Money and Energy Flows
Commercial aviation economic activity in the EU
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
Brainstorming - Scoping constraints of tradeoff microanalysis
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Q1 Final Project w/ socio-economic
MONEY_People, Experts. Knowledge IPN_Model2_Oscillations_0.2.0
Tragedy of the Commons Climate Change
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
Based on G.P. Cimellaro et al. Framework for analytical quantification of disaster resilience Engineering Structures 32 (2010) 3639–3649 paper
Facilities Disaster Resilience
Michael Marmot's Eur J Epidemiol Essay 2017 See also IM-62760 Social determinants of health from Michael Marmot's ABC 2016 Boyer Lectures on Social Justice and the Health Gap
Social Justice, Epidemiology and Health Inequalities
Question 3 - Final Project
Stephen P Dunn 2010 Book summary including Technostructure MMT PCT critical realist and managing perceptions links
The Economics of JK Galbraith
There are many reasons why reality
does not alter doctrines. Some of the factors and their dynamics are shown in
the CLD.
However, an unchanging doctrine may
prompt actions that influence and change reality. Do ill-adapted doctrinal reactions
not increase the complexity in the world, potentially making everything worse?
Some Neoliberal economic remedies come to mind.
THE INALTERABILITY OF DOCTRINES TENDS TO INCREASE COMPLEXITY
Summary WIP of Thomas Palley's 2012 Book
From Financial Crisis to Stagnation
Brief Summary of Albert O Hirschman's Book with 2026 update
The Passions and the Interests
A system dynamics model to CBA of smart grid project
STATIC_Model_System dynamics approach to Isernia CBA Case
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
Based on the Market and Price simulation model in System Zoo 3.
Bossel: Z504 Market and Price
Structure of model in Nathan Forrester's 1983 MIT Thesis comprising 4 models
Macroeconomics System Dynamics Nathan Forrester
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
Extended from
Im-628 Supply and demand by adding control folder.
See also Managing Health Services Use IM-17566
Based on JHPPL 2015 article Note here the framing is an economic exchange rather than a public service (needs-services-resources) or capabilities
Neoliberalism and health policy
