Author Archives: K.W. Dent

About K.W. Dent

Hello, my interwebz name is K.W. Dent. I have an Economics degree from Bowling Green State University and currently work in Search Engine Optimization. I am an aspiring author and I create content (...sometimes) mostly within the realm of A Song of Ice and Fire. Reach out to me on Twitter if you want to chat!

Economics of Westeros II

Part 2: Proposals to the Crown

By K.w. Dent

In part 1 of this essay series, I used Keynesian economics to define the major economic problems facing Westeros. The major issues characterized in part 1 were the lack of a central liquidity vendor, major debts, ineffective demand cycles, inefficient population distribution, and instability in the Riverlands. In part 2, I will make proposals to address these problems. 

 I will suggest the effects of these proposals to the Westerosi economy through the methodology of the 3 equations model, which is a modern expansion on Keynesian thinking that will more accurately reflect why and how these proposals will be beneficial to the Westerosi economy. So, what is the 3-equations model?

Continue reading

6 Comments

Filed under Uncategorized

Economics of Westeros

Part 1: An Analysis of Economic Problems Facing Westeros

by K.w. Dent

Introduction

Image result for michael klarfeld westeros
Westeros by Michael Klarfeld

Westeros has been economically stagnant for thousands of years. Since the Age of Heroes the infrastructure, finances, and prosperity of the realm have crawled along with only incremental advances that benefit the populous. So, what disease is Westeros suffering from?

In this essay, I will define the economic problems facing Westeros and provide policy proposals that will lead to a more optimal steady state for the Westerosi economy. In Part 1 of this essay series, I will begin by using Keynesian Demand Economics to explore the more systemic issues facing the economy of the Seven Kingdoms. 

To achieve that end, in Part 2, I will build on Keynesian Economics by using the 3-equations model to provide context for economic implications on policy. Both of these models will portray why and how certain policies will move the economy of Westeros to a more optimal steady state.

But before we get to the problems facing Westeros, let’s take a brief look at the history of the methodology.

18 Comments

Filed under Uncategorized