Annual Reminder

["Mason A. Clark" <masonc@xxxxxxxxxxxxx>]

  It is absurd that the theories of the economic system do
  not, in 1997, use the well-developed techniques of
  system analysis.  Such techniques in engineering can be
  recognized by their use of flow charts and transfer functions
  with paths and feedbacks.

  Questions of cause and effect look quite different (and more
  uncertain) when seen on such diagrams.  It is not trite to
  remember that one such picture is worth 10,000 words.  It is
  important in the real world that pictures are more easily
  understood by more people than are jargons mumbled or
  mathematics obfuscated.

         Mason C

   I am expressing my frustration when reading economics that
   cries out for such visible analysis.  At the moment I know of only
   two who have recognized this: Trond Andresen and Steve
   Keen.  Perhaps you can better inform me -- surely there must
   be others.  Is there one economics book that uses system
   analysis of the sort well known in engineering?