FRACTAL ECONOMICS

The credit card effect (as opposed to 'the butterfly effect') - one person's (credit card) debt could bankrupt a country - or even the world's economy. This is the perfect economic fractal example of dangerous massive debt burdens migrating from the small scale (individual) to the large scale (country);  the principle or idea (of debt) is the same, and the scale is irrelevant. I explained the world's economic problems to my 10-year-old daughter by reducing the problem to her scale—it was very easy. Today, through the mechanism of (moral hazard) bank bailouts, countries are being  burdened. Where to next? This is the perfect storm. '

From a triangle to the formation of a snowflake, this is a (universal) demonstration of creation: transformation, the creation of an object. Many to make one. Emergence Q. Is the original triangle the big bang? Animation of Koch Snowflake development

Fractal Elasticity - along the straight line curve. Click to see the most recent developments that complement this entry. After discovering in my early blog that the elasticity of the Koch Snowflake fractal  is constant, I have since pondered what the meaning of all this is. Economic theory suggests that all objects have constant elasticity or are logarithmic in nature. The next step is to straighten out the fractal curves. I produced the following diagrams to do just that and to demonstrate the change in fractal elasticity as the fractal developments. The above diagram shows constant elasticity and the below variable elasticity along the straight (log) curve.

After completing my  Lorenz analysis of the Koch Snowflake fractal , I set about analysing a real-life fractal and chose a Christmas tree. This has been a side interest from my core fractal work and thinking, so I have not written it up as a 'science report'. I don't know which species of tree I selected, but it is a typical conifer of the northern hemisphere. Method I trimmed all the branches off the tree, counted them, weighed them, recorded results, then ranked the branches from lightest to heaviest, completed a cumulative percentage rank of weight and count table, and finally graphed the results. Branches everywhere: Below is the Christmas tree Lorenz Curve in terms of weight. Note that 'cumulative percentage of triangle weight' should read branch rather than a triangle. I found that there were 5 levels of branches. I will be honest with you. I did not continue counting and weighing the branches in detail after the third level—the time ...