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Buying and storing electricity when it is cheap, and selling it when it is expensive. What are the benefits, both public and private?

Smart Grid: Electricity storage and variable energy pricing
Insight diagram
Ocean/atmosphere/biosphere model tuned for interactive economics-based simulations from Y2k on.
Q2 Final Project w/ socio-economic
Insight diagram
REvisited Causal loop diagram based on PhenomenalWorld article on Non-Hegemony (Multilateralism) via my Gemini interaction using Gene Bellinger's AI prompts  Originally to provide an overarching structure to simplify the previous messy insight aggregate of multiple lower scale elements based on Fadhel Kaboub's substack blog entries esp BRICS  Multipolar world
Multipolar World Kaboub
5 months ago
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Adapted from Hartmut Bossel's "System Zoo 3 Simulation Models, Economy, Society, Development."

​Population model where the population is summarized in four age groups (children, parents, older people, old people). Used as a base population model for dealing with issues such as employment, care for the elderly, pensions dynamics, etc.
Z602 Population with four age groups
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economic
Insight diagram
It seems to me that racism and white supremacy​ have been used to maintain power - political power, economic power, etc. Power over others. I am trying to capture that in a systemic drawing.

The things that feed into power are money, property, and public opinion. The White Supremacists who gained power in 1898 in Wilmington, NC used their power to change the laws so that they could keep their power. 

The things that drain or threaten their power are economic losses, power struggles, competition, and support for Black leaders. Those in charge used the media to drum up fear, which played a large role in public opinion. If you want to drive an idea, you use the media to get your idea across. You also play to peoples' fears to keep your power over them intact. White supremacy and racism are drivers of fear. 
Racism and Power
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Reinforcing Economic Inequality
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Model description: 

This model is designed to simulate the Covid-19 outbreak in Burnie, Tasmania by estimating several factors such as exposed population, infection rate, testing rate, recovery rate, death rate and immunity loss. The model also simulates the measures implemented by the government which will impact on the local infection and economy. 

 

Assumption:

Government policies will reduce the mobility of the population as well as the infection. In addition, economic activities in the tourism and hospitality industry will suffer negative influences from the government measures. However, essential businesses like supermarkets will benefit from the health policies on the contrary.

 

Variables:

Infection rate, recovery rate, death rate, testing rate are the variables to the cases of Covid-19. On the other hand, the number of cases is also a variable to the government policies, which directly influences the number of exposed. 

 

The GDP is dependent on the variables of economic activities. Nonetheless, the government’s lockdown measure has also become the variable to the economic activities. 

 

Interesting insights:

Government policies are effective to curb infection by reducing the number of exposed when the case number is greater than 10. The economy becomes stagnant when the case spikes up but it climbs up again when the number of cases is under control. 

Sample Model of COVID-19 outbreak in Burnie Tasmania by Yim Fong Ng (544885)
Insight diagram
This page provides a structural analysis of POTUS Candidate Bernie Sanders. 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 Bernie Sanders Economic Policy
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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
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COVID-19 outbreak in Burnie Tasmania Simulation Model

Introduction

This model simulates how COVID-19 outbreak in Burnie and how the government responses influence the economic community.  Government responses are based on the reported COVID-19 cases amount, whcih is considered to be based on testing rate times number of people who are infected minus those recovered from COVID-19 and dead.
Government interventions include the implement of healthy policy, border surveillance, quarantine and travel restriction. After outbreak, economic activities are positively affected by the ecommerce channel development and normal economic grwoth, while the unemployement rate unfortunately increases as well. 

Assumption
  • Enforcing government policies reduce both infection and economica growth.                                                                                                         
  • When there are 10 or greater COVID-19 cases reported, the governmwnt policies are triggered.                                                          
  • Greater COVID-19 cases have negatively influenced the economic activities.                                                                                             
  • Government policies restict people's activities socially and economically, leading to negative effects on economy.                                          
  • Opportunities for jobs are cut down too, making umemployment rate increased.                                                                                   
  • During the outbreak period, ecommerce has increased accordingly because people are restricted from going out.                                  
Interesting insights

An increase in vaccination rate will make difference on reduing the infection. People who get vaccinated are seen to have higher immunity index to fight with COVID-19. Further research is needed.

Testing rate is considered as critical issue to reflect the necessity of government intervention. Higher testing rate seems to boost immediate intervention. Reinforced policies can then reduce the spread of coronvirus but absoluately have negative impacts on economy too.
Mengling Xue 561743 BMA708_Marketing insights into Big Data
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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)
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From Hieronymi's 2013 Systems Research Paper Understanding Systems Science. Systems Science as one of the clusters of interacting methods for improving health services network design and delivery using complex decision technologies see insight
Understanding Systems Science
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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
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Modern Blockchain Economics
8 months ago
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This insight is used to help students understand the relationship for measured basal area in the CLK school  forest and different aspects related to it and management of the school forest.
Calumet School Forest Final
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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.)
Simple Economy: Model 1
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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
Insight diagram
​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
Insight diagram
WIP Ideas from Science Special Issue May 2014
The Science of Inequality
Insight diagram
This page provides a structural analysis of POTUS Candidate Scott Walker based on the information at: https://www.scottwalker.com/news/why-i%E2%80%99m-running-president   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 Scott Walker Economic Policy
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This model shows the operation of a simple economy. It demonstrates the effect of changes in the fractional rate of consumption (or the converse, the fractional rate of saving.) It also, unlike Models 2 & 3, shows the influence Savings has on the production rate.

In summary, lower rates of consumption (based on production) result in higher rates of both production and consumption in the long-run.
Simple Economy: Model 4
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Multiscale view of Combined PH and Economic Views IM 70763  in preparation for integrating with Prevention Investment Framework (private) IM
Multiscale Zoomable Prevention Model View