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Cover of Thinking in Systems by Donella Meadows

Thinking in Systems

Donella Meadows · 2008

The most accessible introduction to systems thinking: feedback loops, stocks and flows, delays, nonlinear dynamics, and emergent behavior. Markets ARE complex adaptive systems, and seeing them that way is a paradigm shift most professional investors never achieve. Meadows' insight that rational individual actions can produce collectively irrational outcomes explains half of what's puzzling about financial markets.

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