Source: Management Science (1968), Chapter 6, The Viable Governor, p. 142.
“The whole picture is complicated by the stockists and merchants who will try to exploit any shortages that may appear.
The result is this. The feedback information from the industry's environment consists, first and foremost, of a forward order load. Much of this "demand for steel" will be bogus.”
Source: Management Science (1968), Chapter 4, An Alphabet of Models, p. 96.
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Anthony Stafford Beer 23
British theorist, consultant, and professor 1926–2002Related quotes

"A Biography of Tadeo Isidoro Cruz", in The Aleph (1949); tr. Andrew Hurley, Collected Fictions (1998)
Variant: Any life, no matter how long and complex it may be, is made up of a single moment — the moment in which a man finds out, once and for all, who he is.
Source: 1980s-1990s, Sensemaking in Organizations, 1995, p. 36; as cited in: Haridimos Tsoukas, Jill Shepherd (2009), Managing the Future: Foresight in the Knowledge Economy, p. 99
“Money, first and foremost, is a medium of communication, conveying the information we call 'price.”
Government control of the money supply is censorship, a violation of the First Amendment. Inflation is a lie.
"Some New Tactical Reflections".
Paul Ryan, "Cybernetic Guerilla Warfare," Radical Software 3 (Spring 1971): 1

1810s, Letter to Joseph Milligan (6 April 1816)

Source: A Treatise On Political Economy (Fourth Edition) (1832), Book I, On Production, Chapter XV, p. 133 (See also: Say's Law)
Context: A man who applies his labour to the investing of objects with value by the creation of utility of some sort, can not expect such a value to be appreciated and paid for, unless where other men have the means of purchasing it. Now, of what do these means consist? Of other values of other products, likewise the fruits of industry, capital, and land. Which leads us to a conclusion that may at first appear paradoxical, namely, that it is production which opens a demand for products.

1967
Directives Regarding the Cultural Revolution (1966-1972)