Goodwin business cycle model, modified from Keen and Blatt
Clone of Goodwin Business Cycle
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
Goodwin cycle IM-2010 with debt and taxes added, modified from Steve Keen's illustration of Hyman Minsky's Financial Instability Hypothesis "stability begets instability". This can be extended by adding the Ponzi effect of borrowing for speculative investment.
Clone of Minsky Financial Instability Model
WIP based on Bill mitchell's blogs
Sectoral balances are relationships among money flows during an accounting period. Where we perceive accumulations of past imbalances to be accrued is another matter....
Clone of Clone of MMT Fiscal position
This is part of series of model implemented from "Thinking in Systems" book by Donella Meadows
Thinking in Systems - Economic Capital - Fig 37, 44
An initial study of the economics of single use coffee pods.
Clone of Coffee Pods ISD Humanities v 1.02
This model tries to replicate the economy as is considered in LTG "Limits to Growth" by Meadows et al.
Clone of Simple Economy: Model 5
Simulating Hyperinflation for 3650 days.
If private bond holdings are going down and the government is running a big deficit then the central bank has to monetize bonds equal to the deficit plus the decrease in private bond holdings. We don't show the details of the central bank buying bonds here, just the net results.
See blog at http://howfiatdies.blogspot.com for more on hyperinflation, including a hyperinflation FAQ.
Clone of Hyperinflation Simulation
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:
Devation from the equilibrium conditions generates growth cycles.
Clone of Goodwin Model
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:
Devation from the equilibrium conditions generates growth cycles.
Clone of Goodwin Model
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.
Clone of Pricing Model
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)
Clone of THE BROKEN LINK BETWEEN SUPPLY AND DEMAND CREATES CHAOTIC TURBULENCE (+controls)
Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a great deal of sense.
Original model done for The Perspectives Project though recast into Kumu.
Clone of Why Nations Fail
Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a great deal of sense.
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Clone of Why Nations Fail
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
Investigations into the relationships responsible for the success and failure of nations. This investigation was prompted after reading numerous references on the subject and perceiving that *Why Nations Fail: The Origins of Power, Prosperity, and Poverty* by Acemoglu and Robinson seem to make a great deal of sense.
Original model done for The Perspectives Project though recast into Kumu.
Clone of Why Nations Fail
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
Goodwin business cycle model, modified from Keen and Blatt
Clone of Goodwin Business Cycle
Based on 2023 framework from Australian Treasury mapped into the Salutogenesis framework via social wellbeing
Measuring What Matters Framework
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)
Clone of OVERSHOOT GROWTH INTO TURBULENCE
I made this model to simulate how a companies revenue will change depending on the lifetime of the appliances it manufactures, in combination with the ratio of repair costs and price. It also shows the accumulation of e-waste.
Appliances lifetime simulation with folder
Very basic stock-flow diagram of simple interest with table and graph output in interest, bank account and savings development per year. Initial deposit, interest rate, yearly deposit and withdrawal, and initial balance bank account can all be modified.
I have developed a lesson plan in which students work on both simple and compound interest across both IM and Excel. I also wrote an article about this. Both are in Dutch, which you can translate using for example Google Translate.
Clone of Stock-Flow diagram of savings account - simple interest
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.
Circularity in Economic models 1