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by jacques_chester 2862 days ago
Exactly, this is path dependency in a case where value comes from network effects. I have occasion to apply this material in thinking about my work and I'm hoping to get to apply more of it as time goes.

Sterman's is the best all-round book on systems thinking I've read. Not too hand-wavy, not swimming in calculus, plenty of interesting case studies and practical advice that show deep experience. It's in a sweet spot for me.

Edit: as a note, it always seems to be substantially cheaper on Book Depository than on Amazon. I suspect that bots are, hilariously, in a feedback loop bidding up a book about feedback loops.

1 comments

This [0] is something I came across while looking up information on systems dynamics/thinking in general. That's how the book ended up on my list. I haven't gone through it yet but I probably will over the next few weeks now that my life/schedule has settled down a bit.

I've also been reading Weinberg's General Systems Thinking (bundle with it and some other books at Leanpub[1]). I can't say I've seen anything new in it yet, but it (like many books) is connecting dots for me that I hadn't connected before. Reading through it, I wish I'd seen some of its content when I was younger, it could've made some things easier over the years.

[0] https://ocw.mit.edu/courses/sloan-school-of-management/15-87...

[1] https://leanpub.com/b/generalsystemsthinkerbundle