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A Sustainable Economy
Posted: Tue Jul 29, 2014 6:46 pm
by NewZimiaGov
I have written an essay regarding the modern Hammish economic system. You may view it
here.
Having approved the SECOND ECONOMIC MEMORANDUM, our nation has once again renewed its commitment to attempting to develop a viable economic model. Despite a general atmosphere of despair regarding micronational economics within the MCS, our nation has again expressed a desire to work within itself, and with other nations, on efforts to create a sustainable system of trade, not only for ourselves, but for all current and future members of the greater community. For this reason, our nation stands apart from so many others in the modern era, who have abandoned their hopes of ever developing a meaningful way of engaging in commerce. That said, if we are to capitalize on the momentum which we have created through our recent economic legislation, it is imperative that citizens of our nation are familiar with the principles and mechanisms of our new, Small Commonwealth Exchange (SCX) based economy. Before beginning on this task however, it is important to shed some light on economics and their role in Hamland’s history. For simplicity, this essay will focus on the modern era, which began in Simia of 729 WG.
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Re: A Sustainable Economy
Posted: Wed Jul 30, 2014 10:39 am
by Andreas the Wise
I like it, very interesting and innovative stuff. I particularly like the solutions to banks being able to offer interest, and for the scarcity of products. I look forward to hearing how it goes in the future!
Re: A Sustainable Economy
Posted: Wed Jul 30, 2014 5:33 pm
by NewZimiaGov
That's very good to hear. As always, your feedback is most appreciated.
Re: A Sustainable Economy
Posted: Sat Aug 02, 2014 9:39 pm
by NewZimiaGov
If anyone is interested, this table is a graphical representation of my economic system in action. Production is shown as a function of the number of owned shares.
Sorry for the slight blurriness. It's a screenshot of the spreadsheet
.
Re: A Sustainable Economy
Posted: Sun Aug 31, 2014 7:35 pm
by NewZimiaGov
Since writing my essay, I've put in a ton of effort towards figuring out the extent of the capabilities of this economic system. Honestly, it's occupied a huge amount of my time. Anyway, here are a few charts which provide some interesting insights into the Hammish economy.
First, an expanded Production Report. This is similar to the chart I posted a while ago, though it's greatly expanded and adjusted for personal use.
http://i.imgur.com/iv2d84t.png
Second, this chart uses information from the production report to determine population and quality of life.
http://i.imgur.com/JSSL5aF.png
Last but not least, this chart combines information from the SCX and two charts above in order to provide information about Hamland's companies and their employees. Again, this information can be used to discern insight regarding quality of life.
http://i.imgur.com/F9darSy.png
I'm still really testing the waters regarding this system we've developed, but right now I'm feeling pretty good about the future. I hope y'all find this stuff as interesting as I do.
Re: A Sustainable Economy
Posted: Thu Nov 27, 2014 11:32 pm
by NewZimiaGov
I've expanded this essay to include a description of Hamland's methodology for developing its military and waging war. It's well worth a read, if you have any interest in military development.
Re: A Sustainable Economy
Posted: Sun Dec 14, 2014 7:18 am
by Andreas the Wise
Interesting thoughts. It reads a little like a cross of Diplomacy and the Hammish economy. I imagine that your comments at the end about storytelling being still there for history translate as "We're separating out the storytelling and the the battle resolution parts of recwars"? That is, storytelling is there to make it fun but doesn't provide any tactical/battle advantage; that's all decided based on numbers and location movement?
Re: A Sustainable Economy
Posted: Fri Dec 19, 2014 1:12 am
by NewZimiaGov
Yep, you've got it. The idea is that storytelling is still fundamentally the most important element of recwars, but that the quality of the storytelling itself should not play a significant in the ultimate outcomes of the wars themselves. The aim is to level the playing field, so that the less literary participants are at less of a disadvantage to the more literary members. Literature is still important, but not the deciding factor.
On another note, I've made a series of graphs to chart the evolution of the New Zimian economy, which is a pure application of the Hammish economic model. Here's an example of one that I made based on national averages. In addition to this one, I've also made graphs for all of New Zimia's current Regional Investors.
http://i.imgur.com/X54kcVH.png
I think that these graphs more or less speak for themselves, but if anything is unclear, or if you have any ideas on how to improve or streamline, let me know. All of the other "quarterly charts" can be found at New Zimia's National Bank,
here.
