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Each generation makes it's own accounting to its children.

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John L. Casti

The global financial system consists of firms in the financial services sector - banks, hedge funds, insurance companies and the like - and various governmental agencies who are charged with regulating these firms.

Agency, Financial, Insurance Companies, Like, Sector, System
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What distinguishes a mathematical model from, say, a poem, a song, a portrait or any other kind of "model," is that the mathematical model is an image or picture of reality painted with logical symbols instead of with words, sounds or watercolors.

Image, Instead, Logical, Math, Song, Teaching

To function effectively, the system scientist must know a considerable amount about the natural world AND about mathematics, without being an expert in either field. This is clearly a prescription for career disaster in today's world of ultra-high specialization.

Amount, Career, Careers, Effectively, Experts, Today'S World

We see an ever-increasing move toward inter and trans- disciplinary attacks upon problems in the real world. . . The system scientist has a central role to play in this new order, and that role is to first of all understand ways and means of how to encode the natural world into "good" formal structures.

Central, Mean, Move, Moving, Problems, Real

Resilience, timing, adaptation - these are the three pillars upon which the emergent properties of interacting systems rest. When the systems are the economy and the environment, understanding of the relationships among these concepts is crucial. This volume does a better job of explaining how to manage both money and nature to ensure humanity's long-term future than any other work I know of. Read and reflect.

Explaining, Humanity, Jobs, Long, Read, Three

Reality is a wave function traveling both backward and forward in time.

Function, Reality, Time, Traveling, Wave
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