#system #economics #complexity --> you begin to see how simple stocks and flows, plumbed together, create systems way too complicated and dynamically complex to figure out easily. > Economies are extremely complex systems; they are full of balancing feedback loops with delays, and they are inherently oscillatory. > That very large system, with interconnected industries responding to each other through delays, entraining each other in their oscillations, and being amplified by multipliers and speculators, is the primary cause of business cycles. [[Nonlinearities contribute to complex system behaviors]]