The unfolding time for the end of globalization or a worldwide deflation is much longer, certainly measured in years, if not decades.
John L. CastiWhat 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.
John L. CastiWhen the next big problem comes online, be it the Euro crisis, nuclear proliferation, an overstretched Internet, a killer flu, or any of the other possibilities I consider in X-Events, we will suffer a complexity overload.
John L. CastiWe 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.
John L. Casti