Tags » Economic Systems

Distinguishing between sets and systems through mathematics, economics, and chemistry

So far, we’ve presented the (3) systems’ axioms and the notions of system’s behavior and system’s boundary. We have also explored these ideas via different examples. 1,126 more words

Matt Johnson

The Bright Side of the Blight Side of Minneapolis

As we know, the 55411 zip code, which is in Minneapolis’ 5th Ward on the north side of the city, has the most depressed economic system in Minneapolis. 512 more words

Matt Johnson

Minneapolis: How do we partition a city into sub-systems?

By Matt Johnson

So far we’ve established the (3) systems’ axioms; we’ve touched on the notion of systems’ boundaries by using examples of cities; and we’ve established what a system’s behavior is by analyzing the labor force, average weekly wages, and unemployment rate of Minneapolis. 540 more words

Urban Dynamics Blog

Dr. Harriet Fraad Talks Human Nature, Society and Economic Systems

Is capitalism the best economic system simply because it suits human nature? That is, are people naturally independent, competitive, and greedy?

Or are people naturally communal, cooperative, and kind? 65 more words

Environmentalists need to understand humanity, not economics

Steven Horwitz writing at the Foundation for Economic Education for an esoteric audience under the headline “Why Environmentalists Need to Understand Economics”—few people understand economics, or care to (of course, they should); and no rational person understands environmentalists (they don’t care about humanity). 606 more words


A quick view of an economic system

By Matt Johnson

In this short blog, I will illustrate one way an urban dynamicist, i.e., systems scientist, looks at an economic system and its data. 489 more words


Russia - economic concerns.

Part of the excellent Al Jazeera documentary series about Russia, which addresses the problems facing many Russians today. The global economic crisis, conflicts with neighbouring countries and the drop in oil prices all played their part in the demise of the Russian people. 94 more words

Labour Market