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HM Treasury Simulator · Educational Policy Game
VICE
CHANCELLOR
Fifty Years. Seven Markets. One Ledger.

You are the Chancellor of the Exchequer. Tobacco, alcohol, cannabis, gambling, Class A drugs — they are already being consumed. The only question is whether the state shapes those markets, or abandons them to criminal ones.

50
Years of Policy
7
Vice Markets
10
Budget Periods
15
Random Events
12
Achievements
📐 Page Two — The Engine
Under the hood

A Real Economic Model.
Not Faked Numbers.

Most policy games fudge the numbers. Vice Chancellor runs a genuine bond-graph welfare accounting engine — the same framework used by HM Treasury analysts. Every cost has to go somewhere on the ledger.

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Bond-Graph Ledger

Welfare flows are physically conserved. Prohibition doesn't make health costs disappear — it moves them from the duty revenue line to the crime and enforcement lines while making harm multipliers worse. The model shows that, rather than telling it.

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Logit-Share Demand

Closed-form, economically grounded consumer demand modelling. Cross-price substitution is real: tax cannabis too hard and alcohol demand rises. Legalise MDMA and alcohol consumption falls. Nothing is independent.

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Tobacco–Cannabis Coupling

The k₀ parameter models joint-rolling as a literal flow between two markets, with its own dynamics that decay as vapes and edibles take over. Tobacco duty and cannabis regulation are not independent levers.

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Nation Health Index

Per-substance harm multipliers evolve between periods. Sustained regulation compounds at −2%/year. Sustained prohibition deteriorates at +1.5%/year. A chancellor who regulates early earns lower costs in years 30–50.

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Generational Cohorts

Youth consumption today becomes the adult health burden in two periods. A two-period lag queue feeds back into senior health multipliers. Your choices compound across generations.

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NHS Capacity Dynamics

Surplus treasury revenue can be reinvested into healthcare capacity via the Budget Allocator. Run deficits and the capacity ceiling tightens, doubling the penalty for excess health costs. Fiscal prudence protects the NHS.

How a Budget Period Works
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1
Breaking News
A Westminster Gazette front page lands — a random event shifts the landscape before you set policy
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2
Set Policy
Configure regimes, duty rates, harm reduction, NHS investment and macros in the Red Box
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3
Simulate
Five years run through the bond-graph engine with cabinet advisors providing live analysis
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4
Year Reveal
Step through each year sequentially, watching revenue, health costs and welfare delta emerge
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5
Allocate Surplus
Invest any period surplus into NHS capacity, harm reduction, education or enforcement efficiency
Feature What It Does Real-World Basis
🏛️ Political Capital Regime changes cost capital based on how radical the shift is. Regenerates each period based on welfare performance. Political economy constraints on reform pace
⚖️ Cabinet Advisors CMO, Home Secretary, Treasury PPS and an Independent Expert give conflicting advice from their own priorities each period. Real cabinet dynamics — they don't agree
🗞️ Random Events 15 events including fentanyl crises, cannabis reform studies, NHS strikes, backbench revolts, and Portugal-model breakthroughs. Policy environments are never static
📊 Do-Nothing Baseline Welfare is measured as delta vs. a counterfactual where nothing changes. You're judged on marginal impact, not raw numbers. HM Treasury Green Book methodology
📜 Green Book Report A full HM Treasury-style analytical document at the end of your tenure — 50-year NPV, cohort analysis, policy configuration. MacPherson Report + Green Book framework
💡 Page Three — Why It Matters
The honest question

What Does Good Policy
Actually Look Like?

"The question is not whether people will consume these substances. They will. The question is whether the state shapes those markets — or abandons them to criminal ones and then spends the savings on enforcement that doesn't work."
— The framing principle of Vice Chancellor
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Built for Education
Vice Chancellor was designed as a serious policy education tool. The bond-graph accounting means you can't declare victory by moving costs off-screen. Prohibition doesn't reduce health costs — it shifts them to crime and worsens harm multipliers by removing product safety. Students leave with a genuine intuition for these trade-offs that no lecture can replicate.
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Everything Is Connected
Tax cannabis and alcohol demand rises via cross-substitution. Ignore harm reduction for MDMA and health multipliers compound over decades. Underfund NHS capacity and the first health crisis doubles your costs. No market exists in isolation. Vice Chancellor is the only game that teaches this through mechanics rather than text, because it actually models it.
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Tobacco
Regulated
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Alcohol
Regulated
🌿
Cannabis
Illegal
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Class A/B/C
Illegal
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Gambling
Regulated
MDMA
Illegal
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Psilocybin
Illegal
How Your Tenure Is Scored
±25 pts
Welfare NPV
Net welfare vs. do-nothing baseline over 50 years, discounted at 3.5% per Green Book
±15 pts
Health Outcomes
Average NHS cost per period relative to worst-case — lower is better
±10 pts
Fiscal Revenue
Average excise duty generation per period — keeps the Treasury in the black
±10 pts
Nation Health Index
Closing NHI vs. baseline 50 — the long-run population health dividend
Chancellor Grades
🏆
88–100 pts
Chancellor of the Century
🌟
75–87 pts
Distinguished Service
⚖️
62–74 pts
Competent Stewardship
📋
48–61 pts
Mixed Legacy
⚠️
35–47 pts
Troubled Tenure
💀
0–34 pts
Economic Catastrophe