Ashley, I watched the series and I'd like to compliment you on the effective summary of this important work in systems thinking. It could really bring humanity to a different level if only it were widely taught in the general curriculum, rather than in specialized system dynamics tracks.
In engineering, we have a dynamic system, in the physical model, the relationships can be identified, but in economics, social, it is not easy to identify the relationships, because there are too many possibilities. But with advances in computing power this has become more possible, which is what big data does,
@@samgintingUTwhat “big data” are you referring to? Because, quite literally, data stands no ground on the basis of Truth… period. As a chemist and mathematician, I will argue, entropy and + C ….
This is great! I have Donna's book and tried reading it some time ago, but I got bogged down in just the first chapter. I'm going to watch this series and have another go at it.
I read parts of this book for a class several years ago, and it took me a while to understand what it all really means. Thank you for doing a summary of this books.. it's been a great learning experience. BTW, why is 720p maximum resolution avialable for this video? It would be nice to have a higher resolution.
When the Soviet Union and China introduced capitalism, the former opted to change the system instantly, while the latter, opted to gradually change the system. I think it's a very interesting observation that some systems can't just instantly change, like the bathtub analogy.
If you want details, check out Professor Isabella Weber's scholarship on how China successfully avoided Western neoliberal advice and thus saved itself from Russia's fate. Then you can put the nonstop neoliberal moaning and groaning about China's economy into some context!
From my channel, the playlist "Learning to Build Microeconomic Models" is a good place to start. But my channel is not really an Intro to Econ channel. It basically starts at Intermediate Microeconomics and builds from there. czcams.com/video/N2x7cxSGZMc/video.html
So what's the purpose of the universe? Serious question. Specifically, why space and time, which then seem to lead to scarcity of resources and therefore competition and therefore exploitation...? What is the "more" that is above and beyond the sum of all the parts of the universe??
Most and fastest changes happen during disasters; fast and not with much mercy for what the state of the system is. I have a hard time fitting this fact in author's model. Undoubtedly some changes happen following this model, but considering the jump we had during major disasters like wold wars or COVID-19 world wide infection, those changes seems marginal. I believe in many system her model is valid, however it's not easy to consider it as a valid strategy or valid set of expected events, in compression.
Is it actually the case that if we replace all elements of the system,the system will survive? Suppose,we bring person x to school y and person x is new to school y,and there is person z who h had been in school y for a long time,now that z can teach x about school's rules,but now suppose we eliminated all persons who had been in school y and then bring x to school y,and suupose that there's no books or articles which are in school y and can tell anything to x about school y rules, and suppose also that x can't go outside school y,now can x know anything about school y rules? No,if the one who did the replacement didn't teach him (teach x) or tell him.
A small detail: systems thinking is completely different from systematic thinking. The title of the book is THINKING IN SYSTEMS. I must say that the presenter is neither capturing nor adequately sharing the purpose of the concept. She didn’t even get Donella Meadows’ name right!
Ashley, I watched the series and I'd like to compliment you on the effective summary of this important work in systems thinking. It could really bring humanity to a different level if only it were widely taught in the general curriculum, rather than in specialized system dynamics tracks.
I don’t understand your point
Just finished the first chapter last night. Great overview of the material, really helpful for integrating it.
As an engineer, I loved the book. I think the shifts (changing stock gradually) that only appear 2-3 years later are akin to trends.
In engineering, we have a dynamic system, in the physical model, the relationships can be identified, but in economics, social, it is not easy to identify the relationships, because there are too many possibilities. But with advances in computing power this has become more possible, which is what big data does,
@@samgintingUTwhat “big data” are you referring to? Because, quite literally, data stands no ground on the basis of Truth… period.
As a chemist and mathematician, I will argue,
entropy and + C ….
Great video! A subject that is not common for economists but explained by one is really useful (I am an economist either).
Just came across your channel. Really enjoyed this video! You do a great job of explaining systems thinking.
Im looking forward to this series!
Very interesting. I really look forward to seeing your lectures on other books.
This is great! I have Donna's book and tried reading it some time ago, but I got bogged down in just the first chapter. I'm going to watch this series and have another go at it.
I was just about to start this audiobook! Thank you for the breakdown.
You are really talented my friend 🤗 you have my full support 😁 thank you for sharing this amazing video👌👍👌👍✨
Great channel! Loving the videos. I will continue to watch them. Thanks for sharing your knowledge.
I read parts of this book for a class several years ago, and it took me a while to understand what it all really means. Thank you for doing a summary of this books.. it's been a great learning experience.
BTW, why is 720p maximum resolution avialable for this video? It would be nice to have a higher resolution.
What a great video. How do you mic yourself up so that your voice is still clear when you turn to the whiteboard?
When the Soviet Union and China introduced capitalism, the former opted to change the system instantly, while the latter, opted to gradually change the system.
I think it's a very interesting observation that some systems can't just instantly change, like the bathtub analogy.
If you want details, check out Professor Isabella Weber's scholarship on how China successfully avoided Western neoliberal advice and thus saved itself from Russia's fate.
Then you can put the nonstop neoliberal moaning and groaning about China's economy into some context!
This is a great video✌
Thanks for the video! =)
I just stumbled across your channel and I am trying to self learn economics. Where should I start and what videos do you recommend to watch?
From my channel, the playlist "Learning to Build Microeconomic Models" is a good place to start. But my channel is not really an Intro to Econ channel. It basically starts at Intermediate Microeconomics and builds from there. czcams.com/video/N2x7cxSGZMc/video.html
In Archimate: Elements = Active Structures, Connectors = relationships, passive objects. Purposes = Objectives, Outcomes, Functions ... potentially!?
Great.... channel.
Thank you 👍🏻🙏
So what's the purpose of the universe?
Serious question. Specifically, why space and time, which then seem to lead to scarcity of resources and therefore competition and therefore exploitation...?
What is the "more" that is above and beyond the sum of all the parts of the universe??
Your purpose is to worship the creator of all those ‘ things’, including the universe. The creator of the universe.
The author was great.
🙏🙏🙏
💡✨👍
Most and fastest changes happen during disasters; fast and not with much mercy for what the state of the system is. I have a hard time fitting this fact in author's model. Undoubtedly some changes happen following this model, but considering the jump we had during major disasters like wold wars or COVID-19 world wide infection, those changes seems marginal.
I believe in many system her model is valid, however it's not easy to consider it as a valid strategy or valid set of expected events, in compression.
Is it actually the case that if we replace all elements of the system,the system will survive?
Suppose,we bring person x to school y and person x is new to school y,and there is person z who h had been in school y for a long time,now that z can teach x about school's rules,but now suppose we eliminated all persons who had been in school y and then bring x to school y,and suupose that there's no books or articles which are in school y and can tell anything to x about school y rules, and suppose also that x can't go outside school y,now can x know anything about school y rules? No,if the one who did the replacement didn't teach him (teach x) or tell him.
Suppose there is no connectors...
Sigh...!
Req reading in my undergrad
U remind me of that cute assistant girl from American psycho!
none of this is particularly profound or new to me i've always have systematic thinking
Oh how wonderful.
A small detail: systems thinking is completely different from systematic thinking. The title of the book is THINKING IN SYSTEMS. I must say that the presenter is neither capturing nor adequately sharing the purpose of the concept. She didn’t even get Donella Meadows’ name right!