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THE BROKEN LINK BETWEEN SUPPLY AND DEMAND CREATES TURBULENT CHAOTIC DESTRUCTION

The existing global capitalistic growth paradigm is totally flawed

Growth in supply and productivity is a summation of variables as is demand ... when the link between them is broken by catastrophic failure in a component the creation of unpredictable chaotic turbulence puts the controls ito a situation that will never return the system to its initial conditions as it is STIC system (Lorenz)

The chaotic turbulence is the result of the concept 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 working containers (villages communities)

THE BROKEN LINK BETWEEN SUPPLY AND DEMAND CREATES CHAOTIC TURBULENCE (+controls)

Guy Lakeman

25

Tesla pestel Analysis

Tesla pestel

Greg Dubrich

Summary of Ch1 of Mitchell Wray and Watts Textbook see IM-164967 for overview

Macroeconomics Introduction

Geoff McDonnell

56

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

Geoff McDonnell

6

ABOUT THE MODEL

This is a dynamic model that shows the correlation between the health-related policies implemented by the Government in response to COVID-19 outbreak in Burnie, Tasmania, and the policies’ impact on the Economic activity of the area.

ASSUMPTIONS

The increase in the number of COVID-19 cases is directly proportional to the increase in the Government policies in the infected region. The Government policies negatively impact the economy of Burnie, Tasmania.

INTERESTING INSIGHTS

1. When the borders are closed by the government, the economy is severely affected by the decrease of revenue generated by the Civil aviation/Migration rate. As the number of COVID-19 cases increase, the number of people allowed to enter Australian borders will also decrease by the government.

2. The Economic activity sharply increases and stays in uniformity.

3. The death rate drastically decreased as we increased test rate by 90%.

COVID-19 Outbreak in Burnie Tasmania (Rajaa Sajjad, 538837)

Rajaa Sajjad

3

Supply-Demand Shortside Adjustment

Silvan

3

This simple model describes wealth accumulation. The value in income is described by the following simple equation:

simple wealth accumulation model

Larry Lee

24

Explanation of the Model

The sample model demonstrate the COVID-19 outbreak in Burnie, Tasmania appearing how the government reacts by executing important health approaches and the impacts on the economy of the region

Assumptions

The economic growth rate is subordinate on the extent of the populace who can be exposed. The number of COVID-19 cases adversely impacts the economy. The government arrangement is activated when the COVID-19 cases are 10 or above

Interesting Insights

1. There is a positive relationship between exposure to COVID- 19 and economic growth rate. Since the more individuals go out, the more trade activity takes place and that ultimately results economic growth

2. Expanding the testing rate results

- Higher cases being recognized

- Strict government intervention

- Less deaths

BMA708_Assignment3_Md Shihabul Islam_548056

Md Shihabul Islam

WIP replication of Khalid Saeed's draft paper presented by the Economics chapter of the SD Society in Sept 2019 youtube video

Unlinking public finance and taxation in fiat currency

Geoff McDonnell

This page provides a structural analysis of POTUS Candidate Marco Rubio's economic policy based on the information at: https://marcorubio.com/issues/debt/ 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 Marco Rubio economic policy

Steve Wallis

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.

version 1.9

Home buying simulation 1.9

Larry Lee

4 6 months ago

Climate Sector Boundary Diagram By Guy Lakeman

Climate, Weather, Ecology, Economics, Population, Welfare, Energy, Policy, CO2, Carbon Cycle, GHG (green house gasses, combined effects)

As general population is composed of 85% with an education level of a 12 grader or less (a 17 year old), a simple block of components concerning the health of the planet needs to be broken down into simple blocks.

Perhaps this picture will show the basics on which to vote for a sustained healthy future

Democracy is only as good as the ability of the voters to FULLY understand the implications of the policies on which they vote., both context and the various perspectives. National voting of unqualified voters on specific policy issues is the sign of corrupt manipulation.

Climate Sector Boundary Diagram of Guy Lakeman

Guy Lakeman

3

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

Final Project 1 W/ Socio-Economic Factors

Geoffrey Alan Chapman

3

A sample model for class discussion modeling COVID-19 outbreaks and responses from government with the effect on the local economy. Govt policy is dependent on reported COVID-19 cases, which in turn depend on testing rates less those who recover

Assumptions

Govt policy reduces infection and economic growth in the same way.

Govt policy is trigger when reported COVID-19 case are 10 or less.

A greater number of COVID-19 cases has a negative effect on the economy. This is due to economic signalling that all is not well.

Interesting insights

Higher testing rates trigger more rapid government intervention, which reduces infectious cases. The impact on the economy, though, of higher detected cases is negative.

Burnie COVID-19 outbreak demo model version 2

Steven D'Alessandro

39 7 months ago

Explanation of the Model

This is a Model of COVID-19 outbreak in Burnie, Tasmania which shows the government actions in response to the pandemic COVID-19 and its affects on the Economy. The government health policy changes depending on the reported cases, which is a dependent upon the testing rate.

Assumptions

Lockdown and travel ban were the main factor in government policy. It negatively impacts on the Economic growth as individuals are not going out which is directly affects the business around the world, in this insight 'Burnie'. This reduces the economic growth and the factors positively effecting economic growth such as Tourism.

Government policies has a negative impact on Exposer of individuals. Moreover, it also has a negative impact on chances of infection when exposed as well as other general infection rate.

Interesting Insight

There is a significant impact of test rating on COVID-19 outbreak. Higher rates increases the government involvement, which decreases cases as well as the total death.

In contrast, lower testing rates increase the death rate and cases.

Tourism which plays a avital role in Tasmanian Economy greatly affects the Economic Growth. The decline of Tourism in parts of Tasmania such as Burnie, would directly decrease the economy of Tasmania.

BMA 708, Assessment Tast 3: Complex System, Burnie COVID-19 outbreak, Diprina Shakya-519673

Diprina Shakya

6

Insur

Jim Cameron

4 months ago

• 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?"

5 Stock Variables:

• U.S. Consumers

• Multinational Corporations

• Overseas Factories

• Kenya

Highlight Findings:

To sum up, there are 4 major problems associated to donations:

• 1. Source of problem is the consumer: Cheap deals attract hundreds of millions in revenue for fast fashion, and contribute to 100,000 tonnes of clothing to Kenya annually.

• 2. Rapid consumerism leads to over-utilization of slowly-renewable resources, such as water.

• 3. Nearly 96% of textiles jobs are eradicated by the massive inflow of clothing donations to Kenya.

• 4. The offshoring of textiles jobs enrages U.S. blue-collar workers, leading to the rise of protectionism.

The environmental, social, and economic sustainability aspects of textiles donations

Christina Cheung

From Jay Forrester 1988 killian lectures youtube video describing system dynamics at MIT. For Concepts See IM-185226. For more detailed biography See Jay Forrester memorial webpage For MIT HIstory see IM-184930

System Dynamics Applications

Geoff McDonnell

Smithian growth model from Michael Joffe Fig. 3.7 p57 Ch3 Feedback Economics Book

Adam Smith's Growth through Division of labour

Geoff McDonnell

How can we better think about the advantages and disadvantages of quick/slow policy response?

Given ...

- the policy measurement may be better at a big picture level

- the policy response is possibly larger

- but policy interventions are likely slower and potentially less accurate than the agent's response

Goal-oriented Agent, Environment, Policy delay effect model

Kripa Rajshekhar

First pass at model depicting importance of Net Capital Accumulation on economic growth of firm - from firm's perspective

Economic Growth Rev 0

Gary Midock

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

Q2 Final Project w/ socio-economic

Claire Murley

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

Henny van Dongen

The recent moratorium on deep-sea drilling will reduce the supply of oil. But the world-wide trend is an ever increasing demand for it. This simple CLD tries to illustrate the dampening effect on demand and on economic activity of diminishing oil supplies and of rising prices: oil prices affect virtually all products and especially agricultural production. As it becomes more and more difficult to extract oil, prices must rise. At the moment the global recession counteracts this effect, but the recession will not last forever. Is it too early to speak of Peak Oil?

Economy and Oil

Hanns-Jürgen Hodann

3