Economics | Insight Maker

This is a simplification of the Austerity vs Prosperity model in the hope that it will be easier to understand.

OVERSHOOT GROWTH GOES INTO TURBULENT CHAOTIC DESTRUCTION

The existing global capitalistic growth paradigm is totally flawed

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 limited size working capacity containers (villages communities)

OVERSHOOT GROWTH INTO TURBULENCE

Guy Lakeman

7

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

Geoff McDonnell

3

Launchpad about reorganisation based on Bogdanov's Tektology general theory of organization, perceptual control theory, personal history and current concerns, linked to the modern (or historical) organization of biology and political economy.

Personalised Reorganization Bogdanov Biology and Political Economy

Geoff McDonnell

2 weeks ago

Clone of Wagdy Samir Macroeconomics work in progress IM-901 Additions and deletions based on Robert Skidelsky's description of Keynes general THeory from his Biography Vol2 p 549 -571

Keynes General Theory

Geoff McDonnell

Health specific Clone of Scott Page's Aggregation diagram from Complexity and Sociology 2015 article see also IM-9115 and SA IM-1163

Wellbeing macro micro dynamics

Geoff McDonnell

From a March 2016 blog entry by Ari Andricopoulos

The economy simply explained

Geoff McDonnell

THE NEW SCIENCE OF PLEASURE Daniel L. McFadden NBER Working Paper 18687

From Extended Neoclassical to Behavioral Choice Models

Geoff McDonnell

3

Simulation of Goodwin01 Minsky Model CLD in IM-172002 Compare with Part3 slide 3 of presentation in patreon. See extension Goodwin02 at IM-172145

Goodwin Minsky Simulation Keen Economic Dynamics Aug2019

Geoff McDonnell

5

Plan for CCP project completion see IM-102242 for WIP detail of the structures of the related models

CCP Project Scope Deliverables and Extensions

Geoff McDonnell

3

Simple causal loop diagram of a compound interest savings account.

Causal loop diagram of savings account

Henny van Dongen

5

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.

Clone of Z602 Population with four age groups

Michael Scallan

8

Simple causal loop diagram of a simple interest savings account in Dutch.

Causaal verband diagram van een spaarrekening - enkelvoudige interest

Henny van Dongen

Extremely basic stock-flow diagram of compound interest with table and graph output in interest and savings development per year. Initial deposit, interest rate, yearly deposit and withdrawal can all be modified in Dutch.

Stock-Flow diagram of savings account - compound interest

Henny van Dongen

$This model shows the operation of a simple economy with two modifications made to Model 2 -- 1) feedback from production rate to consumption rate and 2) the use of a fractional rate input for calculating consumption rate. In summary, lower fractional rates of consumption (based on production) resu$

This model shows the operation of a simple economy with two modifications made to Model 2 -- 1) feedback from production rate to consumption rate and 2) the use of a fractional rate input for calculating consumption rate.

In summary, lower fractional rates of consumption (based on production) result in higher levels of Savings.

Simple Economy: Model 3

Jim Berger

$Like Model 6 this model shows the operation of a simple economy. It demonstrates the effect of changes in the fractional rate of consumption (or the converse the fractional rate of saving.) In summary, government "spending" tends to slow growth of production and consumption.$

Like Model 6 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.)

In summary, government "spending" tends to slow growth of production and consumption.

Simple Economy: Model 7

Jim Berger

WIP Based on Steve Keen's Inaugural Kingston Lecture Youtube video slides models and data all at his blog

Is Capitalism Doomed to Crises

Geoff McDonnell

Circular equations WIP for Runy.

Added several versions of the model. Added a flow to make C increase. Added a factor to be able to change the value 0.5. Older version cloned at IM-46280

Circularity in Economic models including Exports and Imports

Runy Calmera

Challenge p.212 Business Dynamics, Sterman

Oil Shortage 1979 Iran Revolution

Roland Kofler

3

From Bill Mitchell and Warren Mosler December2018 billy blog entry and mosler's MMT white paper (google docs) 2019. Some highly aggregated stocks and flows and boundaries introduced.

The essence of MMT

Geoff McDonnell

3

Fig.5 Generic resource allocation structure from Khalil Saeed and Oleg Pavlov's Dynastic Cycles SD model paper See also the SD Model Insight

Dynastic Cycles Structure

Geoff McDonnell

Jay Forrester's "Market Growth as Influenced by Capital Investment" model as rebuilt by Eric Stiens

Market Growth as Influenced by Capital Investment

Eric Stiens

3

This model compares direct exchange prices to money prices. It demonstrates the distortion that monetary expansion or contraction has on the information contained in monetary pricing.

Pricing Model

Jim Berger

7

FORCED GROWTH GROWTH GOES INTO TURBULENT CHAOTIC DESTRUCTION
BEWARE pushing increased growth blows the system!
(governments are trying to push growth on already unstable systems !)

The existing global capitalistic growth paradigm is totally flawed

The chaotic turbulence is the result of the concept and flawed strategy 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 limited size working capacity containers (villages communities)

FORCED GROWTH INTO TURBULENCE

Guy Lakeman

5

Economics Models