The Economy Described by a Water Flow Machine


water economy machine

This is worth the read.  NYT article by Steve Strogatz.  Here’s an excerpt:

“Look at its plumbing diagram. It’s a network of dynamic feedback loops.  In this sense the Phillips machine foreshadowed one of the most central challenges in science today: the quest to decipher and control the complex, interconnected systems that pervade our lives.”

Guest Column: Like Water for Money – Olivia Judson Blog –

Posted using ShareThis

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: