WIP to provide an overarching structure to simplify the previous messy  insight  aggregate of multiple lower scale elements based on Fadhel's substack blog entries  esp BRICS  WIP in  Gene's brain link
WIP to provide an overarching structure to simplify the previous messy insight aggregate of multiple lower scale elements based on Fadhel's substack blog entries esp BRICS WIP in Gene's brain link
4 months ago
 System dynamics and geometric compromise programming: assessing the 
impact of entrepreneurship wage subsidies on macroeconomic objectives (Article)   
You can access my published article via this link:  http://doi.org/10.1111/itor.13601
System dynamics and geometric compromise programming: assessing the impact of entrepreneurship wage subsidies on macroeconomic objectives (Article)
You can access my published article via this link: http://doi.org/10.1111/itor.13601
 Goodwin business cycle  model , modified from Keen and Blatt

Goodwin business cycle model, modified from Keen and Blatt

Summary of Part B Ch 9 and 10 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Summary of Part B Ch 9 and 10 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Summary of Ch1 of Mitchell Wray and Watts Textbook see  IM-164967  for overview
Summary of Ch1 of Mitchell Wray and Watts Textbook see IM-164967 for overview
Taken from Saeed, Khalid. ‘Limits to Growth Concepts in Classical Economics’. In  Feedback Economics: Economic Modeling with System Dynamics , edited by Robert Y. Cavana, Brian C. Dangerfield, Oleg V. Pavlov, Michael J. Radzicki, and I. David Wheat, 217–46. Cham: Springer International Publishing, 2
Taken from Saeed, Khalid. ‘Limits to Growth Concepts in Classical Economics’. In Feedback Economics: Economic Modeling with System Dynamics, edited by Robert Y. Cavana, Brian C. Dangerfield, Oleg V. Pavlov, Michael J. Radzicki, and I. David Wheat, 217–46. Cham: Springer International Publishing, 2021. https://doi.org/10.1007/978-3-030-67190-7_9.

Note that I haven't been able to reproduce the reported results!
6 months ago
Overview of Part D Ch 17 to 19 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Overview of Part D Ch 17 to 19 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
Overview of Part F Ch 25 and 26 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Overview of Part F Ch 25 and 26 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
 Goodwin business cycle  model , modified from Keen and Blatt

Goodwin business cycle model, modified from Keen and Blatt

 Goodwin business cycle  model , modified from Keen and Blatt

Goodwin business cycle model, modified from Keen and Blatt

Model-SIM from Chapter 3 of Wynn Godley and Marc Lavoie's  Monetary Economics,  adapted for an open economy. The model is stock-flow consistent with only government money--no bills or bonds. No central bank and interest rates do not change. Government spends buying output from the production sector.
Model-SIM from Chapter 3 of Wynn Godley and Marc Lavoie's Monetary Economics, adapted for an open economy. The model is stock-flow consistent with only government money--no bills or bonds. No central bank and interest rates do not change. Government spends buying output from the production sector. The production sector is passive turning over all revenue over to households. Households save out of income and spend partially spend out of wealth. Imports and exports pass through the production sector illustrating the idea that consumer households buy from domestic businesses that which they have imported. The model also tracks the sectoral balance flows and changes in equity. Sectoral flows and equity balances match each other dollar for dollar to satisfy the sectoral balances accounting identity (Household Saving - Consumption) + (Business Saving - Expenditure) + (Taxes - Government Spending) - (Exports - Imports) = 0. Since business investment occurs internally to the Business Sector, 
last month
Overview of Part E Ch 20 to 24 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview
Overview of Part E Ch 20 to 24 of Mitchell Wray and Watts Textbook see IM-164967 for book overview
  Goodwin Model:   This is a basic version of the Goodwin Model based on Kaoru Yamagushi (2013),  Money and Macroeconomic Dynamics , Chapter 4.5 ( link )     Equilibrium conditions:   Labor Supply  = 100  Devation from the equilibrium conditions generates growth cycles.
Goodwin Model:
This is a basic version of the Goodwin Model based on Kaoru Yamagushi (2013), Money and Macroeconomic Dynamics, Chapter 4.5 (link)

Equilibrium conditions:
  • Labor Supply = 100
Devation from the equilibrium conditions generates growth cycles.
6 months ago
Summary of Ch 27 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview See  IM-169093  for added dynamic evolutionary economics history
Summary of Ch 27 of Mitchell Wray and Watts Textbook see IM-164967 for book overview See IM-169093 for added dynamic evolutionary economics history
Summary of Ch 27 of Mitchell Wray and Watts Textbook see  IM-164967  for book overview See  IM-169093  for added dynamic evolutionary economics history
Summary of Ch 27 of Mitchell Wray and Watts Textbook see IM-164967 for book overview See IM-169093 for added dynamic evolutionary economics history
 Goodwin business cycle  model , modified from Keen and Blatt

Goodwin business cycle model, modified from Keen and Blatt

2 months ago
 Goodwin business cycle  model , modified from Keen and Blatt

Goodwin business cycle model, modified from Keen and Blatt

2 months ago