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The strongest criticism has come from some economists. The objections range from simple misunderstanding, through belief that essential structures ha… - Jay Wright Forrester
" "The strongest criticism has come from some economists. The objections range from simple misunderstanding, through belief that essential structures have been omitted from the world model, to concern over the costs and feasibility of halting economic growth. Although there is a basis for the criticisms, they have not had sufficient substance to dismiss the central issues. The debate seems to be gradually moving away from the question of whether or not industrial growth must slow to the question of what strategy should be used to limit growth. The latter question, however, remains unanswered.
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About Jay Wright Forrester
Jay Wright Forrester (July 14, 1918 – November 16, 2016) was a pioneer American computer engineer, systems scientist and was a professor at the MIT Sloan School of Management. Forrester is known as the founder of System Dynamics, which deals with the simulation of interactions between objects in dynamic systems.
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Jay W. Forrester
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Additional quotes by Jay Wright Forrester
It is to be hoped that those who believe they already have some different model that is more valid will present it in the same explicit detail, so that its assumptions and consequences can be examined and compared. To reject this model because of its shortcomings without offering concrete and tangible alternatives would be equivalent to asking that time be stopped. But the world will continue to turn. We always use the most acceptable model at any point in time. But how should we proceed so that the most acceptable model is also the best one that is available? We should try for three things. First, the best existing model should be identified at each point in time. Second, the best currently existing model should be used in preference to traditional models that may be less clear and less correct. Third, aggressive effort should be devoted to a continual improvement in the available models of the world system.
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