Economics
This below diagram originated in an effort to understand how public policy was affecting the
United States economy's ability to recover from the "Great Recession of 2008". The focus has been on
spending and monetary policy. The basic questions are: 1) have multiple rounds of stimulus spending
enhanced or hindered economic recovery and 2) can monetary policy improve recovery?
The Solow Growth Model is evolved into an endogenous growth model, by adding endogenous structures for
technological progress. From there endogenous structures for dynamic employment, wages, price and savings
rate are added. The focus is on the feedback structures within an economy that drive economic growth.
The letters, papers, and models listed in the writings section follow from the associated modeling work.
