Markets Replica @marketsreplica.bsky.social · 05/12/2024In these Sankey charts its easy to see how money flows from various sources of revenue to expenses. Now imagine at those ends we can connect all other households/ firms where one's income is the other's expense and vice versa. Voila, now you have a cash flow consistent model of the entire economy! 120
Markets Replica @marketsreplica.bsky.social · 04/12/2024💡 A market outlook document soon becomes outdated after publication compared to a live agent based model of the economy that gets updated nightly and is available through an API. 020
Markets Replica @marketsreplica.bsky.social · 03/12/2024What is an Agent-Based Model of the economy? 🤔 Here is a one pager: www.marketsreplica.com/agent-based-... 010
Markets Replica @marketsreplica.bsky.social · 29/11/2024This is an excellent book by one of the pioneers of complexity economics Doyne Farmer. @doynefarmer.bsky.social www.penguin.co.uk/books/284357... 154