The Hydraulic Model of Phillips

In the cansion school, that flow is controlled and restricted by some regulatory agency. You might be describing how money flows out of your wallet into things like rent, food and internet hosting fees - all the while a small trickle is diverted off for taxes. In a traditional model, that flow would be expressed as an equation,. something like total expenses equals tax rate times the sum of Rent, Food and services. That works great quantitatively, but it has some conceptual issues. The hydraulic model gives you something entirely different. It shows a fully dynamic representation in real time. Together here we see the threat of inter disciplinary studies reach its full bloom.