“Because we bump into reinforcing loops so often, it is handy to know this shortcut: The time it takes for an exponentially growing stock to double in size, the “doubling time,” equals approximately 70 divided by the growth rate (expressed as a percentage). Example: If you put $100 in the bank at 7% interest per year, you will double your money in 10 years (70 ÷ 7 = 10). If you get only 5% interest, your money will take 14 years to double.”
Quote by Donella H. Meadows
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Thinking in Systems: A Primer
This book serves as an introductory text on systems thinking, examining the principles and practices of analyzing and designing systems. It delves into the core concepts of systems theory, providing insights into how systems operate and evolve. The author offers practical tools and frameworks for understanding and managing complexity in various contexts, including social, economic, and environmental systems. more
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