Tag Archives: Economics of Westeros

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?

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