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Free on 27th Aug 17
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Designing this economy is to be a bit like designing a perpetual motion machine, so there are certain things in this model that are left out or exaggerated to simplify the dynamics of the real world into a basic framework, with simple math, that can be used in comparison to the real world economy. This comparison is made simple due to it’s use of an abstract average income in U.S. Dollars and the intuitive costs of a person’s daily life as it’s basic unit. This is then extrapolated out to a larger scale and made a basis for comparison to the real world. I will try to make this as much of a logically consistent framework as is possible using as few assumptions as I can to give as accurate a picture as possible of one type of stable economy in the abstract. The way I have represented here is not the only way to develop an abstract model, nor do I make any claim that it is the best way to develop an abstract model. Hopefully, it will be enough to just have designed a perpetual motion machine. There is a strong focus in this model on employment, strong middle class, stability through economic diversity, social security, and general innovation/ competitiveness as well as balance between government and the private sector as best as is possible in a competitive, production oriented information economy. One should be careful when drawing conclusions from this theoretical model to be a reason for real world change in policy in these or any other areas.

Free on 27th Aug 17
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