Arnold Tustin: Engineer

Arnold Tustin was British engineer. Explore interesting quotes on engineer.
Arnold Tustin: 36   quotes 0   likes

“Already well known to engineers all over the world as a pioneer in the development of automatic control, it may well turn out that Gordon Brown will make a still deeper mark on the engineering development of this century.”

Arnold Tustin

Arnold Tustin (1955) in: Control Engineering. Vol. 2, Nr. 1-6. p. 11

World

“It is possible that the major collaboration between economists and engineers is still to come, in the greater use of physical analogues and computers of the analogue type to avoid the difficulties of calculation. Apart from their major use as possible tools for economic regulation, physical analogues have a subsidiary use, for there are students of economics, as there are many students of engineering, who can better understand the significance of the somewhat formidable mathematics that tends to be used in this field, if they can first acquaint themselves with the types of behaviour in question as exhibited by physical objects that can be seen, felt, handled and experimented with. It may also be suggested that economists may find that what they have to say about economic policy will be very readily assimilated by one group of attentive pupils, namely the scientists, engineers and technicians of industry, if explanatory notions can be drawn from the theory of automatic control, which is now part of a normal engineering education. The aim of this essay has been to give explanations of system behaviour, and some approaches to its analysis, using geometrical construction and physical analogy where possible to clarify the implications of the more usual formal algebraic approach.”

Arnold Tustin

Source: The Mechanism of Economic Systems (1953), p. 2

Education , Mathematics , Understanding , Question

“The analysis of engineering systems and the understanding of economic structure have advanced since then, and the time is now more ripe to bring these topics into a potentially fruitful marriage.”

Arnold Tustin

Source: The Mechanism of Economic Systems (1953), p. v

Marriage , Understanding , Time

“The topic that I have attempted to explore is the usefulness of these notions of the engineer, about feeds-back, harmonic components and the like, in application to the analogous problems of economic fluctuation and economic regulation.”

Arnold Tustin

Source: The Mechanism of Economic Systems (1953), p. v

Problem

“The ‘theory of control systems’ in engineering is now a well-developed subject, making use of some remarkably powerful concepts and methods of analysis, especially in relation to problems of stabilization and the prevention of unwanted oscillations.”

Arnold Tustin

Source: The Mechanism of Economic Systems (1953), p. v

Problem

“Methods by which engineers stabilise their mechanisms suggest analogous possibilities for stabilising economic systems.”

Arnold Tustin

Arnold Tustin (1957) " The mechanism of economic instability http://books.google.com/books?id=Nou8mkjPMPUC&pg=PA8" in: New Scientist, Oct. 27, 1957. p. 8

“The striking parallel between the economic models that are currently under discussion and some engineering systems suggests the hope that in some way the rapid progress in the development of the theory and practice of automatic control in the world of engineering may contribute to the solution of the economic problems.”

Arnold Tustin

Source: The Mechanism of Economic Systems (1953), p. 1

World , Hope , Way , Problem

“The writer, who as an engineer has spent most of his life in factories, is inclined to look at the basis for investment from a technological point of view… Consider … the class of industrial investments only… The situation is one of entrepreneurs and boards of directors considering, from time to time, various ’possibilities of investment’, such as extra lathes or looms, an extension to a factory, a venture in some completely new product, and so on. It is helpful to think of these ’opportunities for investment’ as existing, in a given situation, in great number and variety, whether they are at that moment under active consideration or not. When any such possibility is considered it is assessed in respect of ’expected profitability’. One may conveniently think of all possibilities of investment as ’quanta’ that can be placed in a schedule of small ranges of expected profitability according to these assessments. The placement of a given ’opportunity for investment’ on this schedule has some ’margin of uncertainty”

Arnold Tustin

a curious analogy with the case of the quanta of physics
Source: The Mechanism of Economic Systems (1953), p. 103; As cited in: Prices Revalued as Information: Circuit Elements, online document 2013

Life , Thinking , Time , Help